Under the Soldiers and Sailors Relief Act, a deploying member has certain rights, but they must initiate the steps. Form letters are available in the legal office that can help members send a letter to their creditors for these matters.
- Interest rates on loans are to be capped at a 6% rate. This is very useful for Airmen who may have high credit card interest rates or auto loan payments.
- A house cannot be foreclosed on while a military member is on a deployment, however this does not stop the foreclosure process as a whole.
- Any civil litigation suits (family court, custody battles, divorces etc.) get a stay on the proceedings until the member returns. This doesn't mean the case goes away, but simply gets "paused" while they are serving our nation.
- The member can terminate a lease without a penalty
Please contact the Legal Office at (803) 647-8210 for any additional questions or concerns.