03/04/2011 01:00:00 PM EST
Kirk Jensen and Jeff Naimon on the Servicemembers Civil Relief Act (SCRA)
On this edition, Kirk Jensen and Jeff Naimon of BuckleySandler LLP in Washington, D.C. discuss the Servicemembers Civil Relief Act (SCRA). They discuss how military servicemembers are protected by the act, the types of financial obligations affected by the act, including mortgages, which have been in the news lately, how a serviceman's military status is made known to a creditor, penalties for violating the act, and efforts the new Consumer Financial Protection Board will be taking to protect military members. Copyright© 2010 LexisNexis, a division of Reed Elsevier Inc. Visit http://www.lexisnexis.com/community/realestatelaw/.