If you’re a member of the military, then you need to be aware of the Servicemembers Civil Relief Act (SCRA). This act offers protection to members of the military who are called to active duty. It can help with housing, car payments, credit card debt, and more. You just need to show proof of your military status to take advantage of the SCRA’s benefits. This blog post will discuss some of the important things that you need to know about the SCRA. Stay safe and in compliance with the law by knowing your rights!
What Does SCRA Cover?
The Servicemembers Civil Relief Act (SCRA) covers various legal issues that can arise for members of the military. Some of the most common issues include:
- Protection from eviction: The SCRA prohibits landlords from evicting service members during their period of military service. The lease before the servicemember’s military service is unless they are terminated.
- Protection from foreclosure: The SCRA prohibits creditors from foreclosing on a home or seizing property belonging to a service member during their period of military service unless you incurred the debt before the servicemember’s military service.
- Protection from default judgments: The SCRA prohibits creditors from obtaining a default judgment against service members during their period of military service. This includes civil lawsuits and administrative proceedings, such as bankruptcy or student loan default cases.
- Reduced interest rates: The SCRA limits the interest rate that creditors may charge servicemembers on pre-service debts to six percent. This limit applies to both secured and unsecured debts.
- Postponement of civil court proceedings: The SCRA allows servicemembers to postpone most civil court proceedings, including bankruptcy and foreclosure, for up to two years. You may extend these two years if the service member is deployed or stationed overseas.
The SCRA is a powerful tool to help service members protect their legal rights and finances. If you are a military member and are facing a legal issue, it is important to understand what protections the SCRA provides. To learn more about the SCRA or find out if you are eligible for its protections, contact a qualified attorney.
How Do I Access My SCRA Protections?
Suppose you are a service member or covered dependent. In that case, you can access your SCRA protections by contacting your creditor, the Department of Defense (DoD), or the Servicemembers Civil Relief Act (SCRA) Coordinator. To get your creditor, you will need to provide them with a copy of your active-duty military orders or other documentation that confirms your military status. The SCRA Coordinator is a resource for service members and their families who have questions about the SCRA or need assistance accessing their SCRA protections.
The Servicemembers Civil Relief Act (SCRA) is an important law that protects military members and their families. You should know a few things about the SCRA if you are a service member or have a loved one serving, including how to get protection from eviction or foreclosure and how to terminate leases early. If you are facing difficulties because of your military service, be sure to take advantage of the protections offered by the SCRA.