CLE: Observing the Rights of Service Members in Lending and Foreclosure Matters
Tuesday, September 04, 2012
- Organization: ABA
- Source: National > ABA Military Pro Bono Project
The Servicemembers Civil Relief Act (SCRA) provides a number of unique protections to military personnel and their families when dealing with creditors in lending or foreclosure issues. Many lenders and their counsel may be unaware of the extent of their obligations toward service member customers under the SCRA, potentially exposing creditors to liability. The Economic Opportunity Subcommittee of the House Veterans Affairs Committee recently conducted hearings on several proposed SCRA amendments. The ABA Standing Committee on Legal Assistance for Military Personnel (LAMP) has assembled a diverse faculty for this webinar to provide a range of perspectives on the interplay between the SCRA and the lending industry.
Webinar attendees will learn:
- How the mortgage foreclosure crisis has specifically impacted military families
- The specifics of the SCRA as it pertains to creditors
- Advice for lenders' counsel on best practices when handling issues involving service members
- The work being done by the Consumer Financial Protection Bureau to resolve credit matters, and by the DOJ to enforce the SCRA
- The impact of proposed amendments to the SCRA recently introduced before the Economic Opportunity Subcommittee of the House Veterans Affairs Committee
A portion of the money you pay for this CLE will support the ABA Military Pro Bono Project, which connects junior-enlisted servicemembers in need of pro bono help with volunteer attorneys throughout the United States.