Special Protections for the Military: Bankruptcy, Foreclosure & Debt Collection
If you are currently a servicemember, a family member of a military member, or are contemplating joining the mililtary or National Guard, you may be entitled to additional protections when it comes to filing for bankruptcy, facing foreclosure, or dealing with debt collectors or repossessors.
In enacting the Servicemembers Civil Relief Act (SCRA) Congress recognized that servicemembers are not always able to respond timely to lawsuits and foreclosure actions. It also addresses some of the scams targetting military personnel and their families. Below you can read about special protections for the military when it comes to bankruptcy, foreclosure, car repossessions, and more.
Active service members can take steps to reduce loan obligations,prevent court judgments, and avoid eviction and foreclosure.
The SCRA provides special protections to military members facing car repossession.
The Servicemembers Civil Relief Act (SCRA) allows a military servicemember to cancel an automobile lease under certain circumstances.
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