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SCRA - Servicemembers Civil Relief Act

By , About.com Guide

The Servicemembers Civil Relief Act (SCRA), formerly known as the Soldiers' and Sailors' Civil Relief Act, offers numerous financial protections to active duty servicemembers.

Everything SCRA
A comprehensive breakdown of the Servicemembers Civil Relief Act written by About.com's U.S. Military guide, Rod Powers.

SCRA Simplified
If you prefer a demystified version, About.com's U.S. Military guide, Rod Powers, does an excellent job explaining the SCRA in an easy-to-understand manner.

SCRA and Bankruptcy
Information about bankruptcy protections afforded to servicemembers under SCRA.

SCRA and Foreclosures
Q & A from HUD explaining SCRA and how it pertains to foreclosures.

Department of Justice
PDF file from the DOJ containing comprehensive information on SCRA. Credit card debt is among the many topics covered.

An important tip to keep in mind is that the SCRA applies to servicemembers, not their spouses and dependents. For instance, if a military wife has a credit card in her name and her husband is called to active duty, she cannot request an interest rate reduction from the credit card company or financial institution issuing the card.

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