Regulators Q&A (included in the materials from my webinar last week - see Consumer Compliance Outlook: First Quarter 2013) Q4 as it discusses rate reductions says that commercial debts are included. Also in the materials were court cases as Dan linked to which confirm if the SM has personal liability, or personal assets were pledged, coverage applies. You won't find it in black and white in the SCRA, but it holds to the spirit and intent.
Also, check your examiners workpapers. You may find a footnote like this:
Section 207 of the SCRA (50 USC app. 527) applies to “an obligation or liability . . . incurred by the
servicemember, or the servicemember and the servicemember’s spouse jointly, before the service
member enters military service.” No distinction is made between personal versus business credit.
My opinions are not necessarily my employers.
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell