Below you will find pages that utilize the taxonomy term “Lenders”
Acts
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Servicemembers Civil Relief Act (SCRA)
Servicemembers Civil Relief Act (SCRA) (2003)
1) Link to the Text of the Act
Read the U.S. Code – Title 50, Chapter 50
2) Why It Was Done
Congress enacted the SCRA to ensure servicemembers are not unfairly disadvantaged in civil legal matters while serving on active duty. The law provides protections in areas such as foreclosures, evictions, default judgments, and interest rates.
3) Pre-existing Law or Constitutional Rights
The SCRA replaced the Soldiers’ and Sailors’ Civil Relief Act of 1940, expanding and updating due process protections. It is rooted in fairness and the constitutional guarantee of due process.