Connect with us

Hi, what are you looking for?

Jewish Business News

Arrangement of Military Status: US vs. Israeli Defense Forces

By Contributing Author

What Is A Military Status and How Does One Check It?

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Lenders, bankers, and others who have business with service members must often make a military status check to stay updated with the Service members Civil Relief Act.

By federal law, the SCRA gives certain protections to those military personnel who are on active duty status. For instance, these include protection from eviction and repossession without an order from the court. The SRCA also makes it mandatory that there should be a 6% interest on loans for the members of the military armed forces.

You can retrieve information on a veteran’s military service records from the Department of Veterans Affairs. Unfortunately, it is not that easy to get a hold of military records.

First and foremost, you will need the social security number of the veteran. If you won’t be able to get hold of this, the process of claiming military records will be more difficult.

This is why the SRCA is essential to lenders, bankers, and those who do business with military personnel.

Differences Between the U.S. and Israeli Military Status Services

In 1948, the United States was the very first country to acknowledge Israel as a state, and in 2017 the first to acknowledge Jerusalem as the capital of Israel. It has long been, and until now, America’s most reliable partner in the Middle East. The United States and Israel have always been close due to its cultural and historical beliefs as well as by its mutual interests.

Military forces of the United States Armed Forces of the U.S. includes the Army, Navy, Air Force, Marine Corps, Coast Guard, and Space Force. The U.S. Armed Forces are one of the largest armed forces in terms of personnel. Its personnel is based on a large pool of paid volunteers. In spite of the fact that involuntary draft has already been used in the past, it hasn’t been used since 1973. However, the Selective Service System maintains the power to enlist males, and is mandatory for all male residents and citizens residing in the United States between the age group of 18-25 years old.

The military forces of the State of Israel are commonly known and called as the Israel Defense Forces, which includes the navy, air force and ground forces. Involuntary drafts

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.