Unfortunately, members of the military can experience many negative legal and financial ramifications of their service. Thankfully, the Service Members Civil Relief Act seeks to help these men and women deal with these difficulties by providing necessary assistance and accommodations. Find out more about the provisions of this important act by taking a look at this video.
Passed in 2003, the Service Members Civil Relief Act provides a number of ways for service members to receive financial and legal assistance, like lowered interest rates on mortgages and credit cards or eviction protection.
If you’re a member of the armed services facing bankruptcy or foreclosure, you may have protections available to you that you don’t even realize.