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Creditors harassing active-duty soldiers

Neehai Zapata
Unofficial Parent
Join date: 8 Apr 2004
Posts: 1,970
03-28-2005 17:51
This is an issue that gets me on the phone to my Representatives. Whether or not you agree with the war, supporting the troops does take more than a sticker on your car.

Via the NY Times http://www.nytimes.com/2005/03/28/national/28military.html?hp&ex=1111986000&en=5ce813cec2d46fe3&ei=5094&partner=homepage

From: someone
Sgt. John J. Savage III, an Army reservist, was about to climb onto a troop transport plane for a flight to Iraq from Fayetteville, N.C., when his wife called with alarming news: "They're foreclosing on our house." Sergeant Savage recalled, "There was not a thing I could do; I had to jump on the plane and boil for 22 hours."

He had reason to be angry. A longstanding federal law strictly limits the ability of his mortgage company and other lenders to foreclose against active-duty service members. But Sergeant Savage's experience was not unusual. Though statistics are scarce, court records and interviews with military and civilian lawyers suggest that Americans heading off to war are sometimes facing distracting and demoralizing demands from financial companies trying to collect on obligations that, by law, they cannot enforce.


Reservists and National Guard units are not protected by this law. If congress can pass a bill to benefit major creditors in this country, they can also take the time to protect those actively serving during a time of war. These may seem like small issues, but no one should have to worry about this sort of thing while dodging bullets and explosives. It's just not right.

We are in for the long haul I'm afraid and people need to start truly standing up for American troops. If you have a minute and agree, please call your Congressional Representatives. It makes a difference.
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Neehai Zapata
Unofficial Parent
Join date: 8 Apr 2004
Posts: 1,970
03-29-2005 16:29
Call your reporesentatives!
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Unofficial moderator and proud dysfunctional parent to over 1000 bastard children.
Mickey Valentino
Disciple of the Watch
Join date: 11 Jan 2004
Posts: 230
03-29-2005 16:51
I'm with you on that.

I think if the creditors want that money so bad, they should have to walk their suited arses across the desert and collect in person.. prefereably in a heavily populated street in .. Fallujah.. greedy asshats!!
_____________________
I would rather have a mind opened by wonder than one closed by belief
--Gerry Spence

These are very sad times to be an American but where is the rage among the citizenry? Where are the flag wavers who so laud the freedoms symbolized by a flag and written by quill pens in our constitution? Why are we not rallying in the streets against this sort of attrocity? Why because we are gluttonous lazy bastards who say it won't happen to me so who cares. --Ishtar Pasteur
Rose Karuna
Lizard Doctor
Join date: 5 Jun 2004
Posts: 3,772
03-29-2005 18:17
The credit card companies and the companies they use to collect the credit card bills are so completely out of hand.

They are so underhanded that they do things like change their PO box and if you don't use the return envelope that they sent you with your statement the bill will be deliberately late and allow them to hike your interest rate from 10% to 25 or 30%.

The collection companies they use are mostly crooked telemarketing companies who call at all hours of the night and even send letters describing what a dead beat you are out to your neighbors, family and friends (I got a letter from them about one of my friends), I was SO disgusted! (edited to say at the tactic not with my friend).

To do this to people forced to leave their jobs to serve their country is is shit and it makes me really mad.

Not only will I call, but I will write and email and get everyone I know to do the same. Thanks for the post Neehai.
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Siro Mfume
XD
Join date: 5 Aug 2004
Posts: 747
03-29-2005 22:41
From: Neehai Zapata
This is an issue that gets me on the phone to my Representatives. Whether or not you agree with the war, supporting the troops does take more than a sticker on your car.

Via the NY Times http://www.nytimes.com/2005/03/28/national/28military.html?hp&ex=1111986000&en=5ce813cec2d46fe3&ei=5094&partner=homepage



Reservists and National Guard units are not protected by this law. If congress can pass a bill to benefit major creditors in this country, they can also take the time to protect those actively serving during a time of war. These may seem like small issues, but no one should have to worry about this sort of thing while dodging bullets and explosives. It's just not right.

We are in for the long haul I'm afraid and people need to start truly standing up for American troops. If you have a minute and agree, please call your Congressional Representatives. It makes a difference.


I'll agree with you that it's a problem how creditors treat people these days, however I'll go ahead and disagree with you on the law. If the soldier in question was called to active duty and filed the appropriate forms with his creditors (which apply to anyone called to active duty, reservist, coast guard, whatever) along with appropriate copies of his duty orders, the mortgage company would be set to a specific ceiling on the interest and have to forgive any missed payments or interest beyond that. Further, his spouse can file these forms dating back to when he was called up.

For more on this wonderful credit umbrella for anyone in active service, check out: http://www.dod.mil/specials/Relief_Act_Revision/