Servicemembers Civil Relief Act (SCRA) Policy - $150.00

Summary

The purpose of this Servicemembers Civil Relief Act (SCRA) Policy Template is to address how a bank, credit union, or other type of financial institution adheres to the Servicemembers Civil Relief Act (SCRA).  In general, SCRA provides certain legal protections and debt relief rights to servicemembers on “active duty” or “active service,” or a dependent of such servicemember.

Table of Contents

Purpose and Contents - Topic 1
Policy Statement - Topic 2
Verification of Military Service - Topic 3
Exercise and Waiver of Rights - Topic 4
Business and Trade Obligations - Topic 5
Dependents and Persons Secondarily Liable - Topic 6
Rate of Interest - Topic 7
Installment Contracts and Leases - Topic 8
Mortgages - Topic 9
Life Insurance - Topic 10
Military Lending Act Policy Reference - Topic 11
Audit Policy - Topic 12
Staff Training - Topic 13
Retention of Documentation - Topic 14

Recent updates to this product:
01/02/18 Update
National Defense Authorization Act for Fiscal Year 2018
05/02/16 Update
Foreclosure Relief and Extension of Servicemembers Act of 2015

This Servicemembers Civil Relief Act Policy Template (approximately 12 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $150.00.

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