Active Duty Military that Ends-Repossess?

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Question:

Our bank made a loan to an active duty military on 4-16-15. He was active duty on 8-2-13 and ended active duty on 7-2-16. Can our bank repossess per the reg?

Answer:

The fact that the loan was taken out while the individual was on active duty does not impact your rights to repossess now that active duty has ended. The provisions providing protection from repossession without a court order apply during the time the servicemember is on active duty and for 90 days following active duty service. Since that active duty ended on 7/2/2016, you are now well past that 90 days and can repossess without a court order.