S 2357 114th Congress Senate Armed Forces and National Security Housing finance and home ownership Veterans' loans, housing, homeless programs

Foreclosure Relief and Extension for Servicemembers Act of 2015

Introduced: December 3, 2015 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 3, 2015

Read twice and referred to the Committee on Veterans' Affairs.

Dec 3, 2015

Introduced in Senate

Plain-English summary Congressional Research Service

Foreclosure Relief and Extension for Servicemembers Act of 2015

This bill amends the Honoring America's Veterans and Caring for Camp Lejeune Families Act of 2012 to extend through 2017 the one-year period after a service member's military service during which: (1) a court may stay proceedings to enforce an obligation on real or personal property owned by the service member before such military service; and (2) any sale, foreclosure, or seizure of such property shall be invalid without a court order or waiver agreement signed by the service member. (Currently, the extended one-year period is scheduled to expire on December 31, 2015, and return to a nine-month period under the Servicemembers Civil Relief Act.)

Effective January 1, 2018 (currently, January 1, 2016), the old nine-month period in place of the one-year period granted by such Act shall be restored.

What's happening now December 3, 2015

Read twice and referred to the Committee on Veterans' Affairs.

Committees of jurisdiction 1