The law is designed to
protect active military members from having to worry about financial troubles while serving.
Not exact matches
In April 2011, JPMC agreed to settle claims that the bank over-charged
active or recently
active military service
members on their mortgages by paying $ 27 million in cash to approximately 6,000 military personnel, by lowering interest rates and fees in excess of that permitted by the Service Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA an
members on their mortgages by paying $ 27 million in cash to approximately 6,000
military personnel, by lowering interest rates and fees in excess of that permitted by the Service
Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA an
Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers
protected by SCRA and HERA.
It has included
members of the
military, returning home from
active duty tours where they have
protected our nation and values with honor.
The Servicemembers Civil Relief Act
protects members of the
military from legal action, including divorce proceedings, while they are on
active duty.
Comment: A few commenters,
members of the affected beneficiary class, which numbers approximately 2.6 million (
active duty and reserve
military personnel), opposed proposed § 164.510 (m) because it would have allowed a non-governmental covered entity to provide
protected health information without authorization to the
military.
For spouses and children of
active military members, there are several types of life insurance coverage designed to
protect them, including SGLI and FSGLI.
The Act
protects a
member of the
military's civilian job while on
active duty for up to five years, so long as the individual receives an honorable discharge from
military service.