The Service Members Civil Relief Act
The Service Members Civil Relief Act The men and women who serve in the United States military take on an incredible responsibility and place themselves willingly in harm's way.
This is a noble gesture, and without the work of these service persons, it is very likely that the quality of life that we have come to expect would simply be impossible.
The most challenging times for a soldier and his or her family are those of active duty deployment.
While away it can be difficult or impossible to keep pace with one's typical home-based financial demands.
In recognition of this issue, the Service Members Civil Relief Act (SCRA) was passed by the United States Congress and signed into law.
Regrettably, there are some companies that might choose to aggressively pursue debts as soon as permitted, leaving a service person at risk of severely adverse financial effects.
When the SCRA no longer offers protection, a bankruptcy filing can help to shield you and your family from financial ruin.
Consulting with a skilled and experienced bankruptcy attorney about the potential benefits of seeking bankruptcy can help you to more fully appreciate the options that are available to you.
SCRA Prohibitions Though crafted for two seemingly divergent purposes, there is much in common between the United States Bankruptcy Code and the Service Members Civil Relief Act.
Each, for example, can insulate a debtor from excessively harsh penalties and legal repercussions.
Unlike the SCRA, however, which grants a temporary respite from collection efforts, bankruptcy may offer permanent relief from some or all of a filer's debts.
Some of the measures that are prohibited by the SCRA during active deployment or upon and after a bankruptcy filing include:
For a free consultation that can help to clarify the options that you have, contact the Arizona bankruptcy lawyers of the Harmon Law Office, L.
L.
C.
This is a noble gesture, and without the work of these service persons, it is very likely that the quality of life that we have come to expect would simply be impossible.
The most challenging times for a soldier and his or her family are those of active duty deployment.
While away it can be difficult or impossible to keep pace with one's typical home-based financial demands.
In recognition of this issue, the Service Members Civil Relief Act (SCRA) was passed by the United States Congress and signed into law.
Regrettably, there are some companies that might choose to aggressively pursue debts as soon as permitted, leaving a service person at risk of severely adverse financial effects.
When the SCRA no longer offers protection, a bankruptcy filing can help to shield you and your family from financial ruin.
Consulting with a skilled and experienced bankruptcy attorney about the potential benefits of seeking bankruptcy can help you to more fully appreciate the options that are available to you.
SCRA Prohibitions Though crafted for two seemingly divergent purposes, there is much in common between the United States Bankruptcy Code and the Service Members Civil Relief Act.
Each, for example, can insulate a debtor from excessively harsh penalties and legal repercussions.
Unlike the SCRA, however, which grants a temporary respite from collection efforts, bankruptcy may offer permanent relief from some or all of a filer's debts.
Some of the measures that are prohibited by the SCRA during active deployment or upon and after a bankruptcy filing include:
- Foreclosure
- Wage garnishments and attachments
- Default judgments
For a free consultation that can help to clarify the options that you have, contact the Arizona bankruptcy lawyers of the Harmon Law Office, L.
L.
C.
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