Federal · Title 50 — War and National Defense

50 U.S.C. § 4021: Anticipatory relief

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from any obligation or liability incurred by the servicemember before the servicemember’s military service; or from a tax or assessment falling due before or during the servicemember’s military service. during the servicemember’s period of military service; and from the date of termination of or release from military service, or from the date of application if made after termination of or release from military service. for a period equal to the remaining life of the installment contract or other instrument, plus a period of time equal to the period of military service of the servicemember, or any part of such combined period; and subject to payment of the balance of the principal and accumulated interest due and unpaid at the date of termination or release from the applicant’s military service or from the date of application in equal installments during the combined period at the rate of interest on the unpaid balance prescribed in the contract or other instrument evidencing the obligation, and subject to other terms as may be equitable. during the servicemember’s military service; and from the date of termination of or release from military service, or from the date of application if made after termination or release from military service. for a period of time equal to the period of the servicemember’s military service or any part of such period; and subject to payment of the balance of principal and accumulated interest due and unpaid at the date of termination or release from military service, or the date of application, in equal periodic installments during this extended period at the rate of interest as may be prescribed for this obligation, liability, tax, or assessment, if paid when due, and subject to other terms as may be equitable. When a court grants a stay under this section, a fine or penalty shall not accrue on the obligation, liability, tax, or assessment for the period of compliance with the terms and conditions of the stay.

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