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SCRA Responsibility to Respond to Legal Subpoenas

Question: 
Does SCRA impact the bank's responsibility to respond to legal subpoenas, warrants and liens and does it restrict the bank from assessing a fee for processing legal notifications?
Answer: 

No, the bank's responsibility to respond to legal subpoenas, warrants and liens is not impacted by the SCRA. Benefits under the SCRA may impact proceedings that lead up to the presentment of the types of documents described above, but if the bank receives such a document it should comply with the document. There is no restriction against charging a service member a fee for processing legal notifications. Of course, the fee must have been properly disclosed.

First published on 11/17/2014

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