CA AB2521

Removes the requirement for reservists on active duty to provide a signed letter under penalty of perjury when requesting deferment of financial obligations.

Replaces the signed letter requirement with a simpler written request (including electronic communications) for deferment of financial obligations.

Maintains existing requirements for reservists to provide activation or deployment orders and documentation substantiating the duration of military service to obligors.

Preserves the deferment period as the lesser of 180 days or the period of active duty plus 60 calendar days, with a maximum of 180 days within any 365-day period.

Continues to allow deferment for mortgages, credit cards, retail installment accounts, vehicle loans (up to two), property taxes on primary residences, and utility company obligations.