If you or someone you know is in the military and is having a hard time making their mortgage payments - or has already missed some payments - then they will probably wind up entering the foreclosure process in some way, shape, or form.
What those folks in this circumstance NEED TO KNOW is that the Servicemembers Civil Relief Act (SCRA) prevents mortgage lenders from foreclosing on a military member's home, or from issuing a default judgment, if the default has occurred while the service member is serving active duty overseas during a time of war (which is now).
Note: To see this in action, two lenders were recently sued for $22 Million because they illegally foreclosed on 160 servicemembers while they were serving in Iraq or Afghanistan. Read about it here.
My thought is that the SCRA was intented to give the impacted servicemembers a little breathing room so that they would have the chance to get the distressed situation sorted out after they got back from their overseas service. Seems that that is the least that can be done for these honorable servicemembers - don't you think?
So, please help get this information out to all those who might be impacted and could benefit from this knowledge. It's the least that we can do to help those in need who are serving their country (and us!).