Washington, DC (PRWEB) October 23, 2014
The Servicemembers Civil Relief Act Centralized Verification Service (SCRACVS) announces that it has recently increased its commitment to providing high quality information regarding compliance issues, penalties, important court cases and shifting legal interpretations relating to the Servicemembers Civil Relief Act (SCRA). SCRACVS urges any organization or individual who has business dealings with servicemembers to check for updates on the news section of its website. Court decisions, new laws and changes in regulatory policy can be abrupt, and the fines for non-compliance are often severe.
Within the current political climate, civil and financial protections – particularly those that apply to active military status servicemembers – are a top priority for regulatory bodies and legislators. In order to avoid the steep fines and criminal penalties associated that result from non-compliance with this important act, it is crucial that businesses under the purview of the SCRA to regularly check the military status of their clients and customers. In particular, it is important to stay on top of state laws, which change more rapidly and with less media coverage than federal laws.
The SCRACVS news section can help individuals and businesses to stay aware of these changes, preventing unnecessary legal troubles. Updating the news section regularly with the latest SCRA-related news, advice and insights, SCRACVS has put together an important resource for ensuring SCRA compliance.
"Compliance with the SCRA is so important,” said Roy Kaufmann, president of SCRACVS. “The recent, large fines assessed against banks and companies show the determination of the government and courts in enforcing the Act. A big part of our mission is to stay on top of the changing laws, the enforcement activity, and to provide the information to the industry and professionals, which we are delivering through our blog."
Established in 2004, SCRACVS has processed more than one million military verifications. Some of its typical users include lenders, service providers, landlords, storage facilities, institutions, and litigants, all with the common need to know if an individual is subject to the protections of the Servicemembers Civil Relief Act.