Soldiers’ and Sailors’ Civil Relief Act – What Every Bank Should Know
by J. Cliff McKinney II |
“In 1940, on the verge of United States involvement in World War II, Congress passed the Soldiers’ and Sailors’ Civil Relief Act (the “Act”). Although Congress has amended the Act, its principal purpose remains the same today. The purpose of the Act is to help service personnel devote their full attention to their military role by minimizing the distraction of financial or other legal burdens. The Act protects members of the military from the enforcement of certain legal obligations incurred prior to active duty which the serviceman is unable to meet due either to his absence from home or from the financial hardship caused by lower military pay.”
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