Soldier To Lose Home
In one month, soldier Aaron Collette will return from Iraq for two weeks’ leave. By the time he does, he won’t have a home — and neither will his family.
Tim Collette, Aaron’s dad, did everything right. He put $100,000 down on his home in Bend, Oregon, when he purchased it in 2006.
In 2008, after the economic crisis devastated his small flooring and counter top business, Tim realized he needed a loan modification and went to Chase Bank for help.
Chase told him he had to miss two payments to qualify for a loan modification. But once Tim did that, they began foreclosure proceedings instead of helping him.
Local non-profit Economic Fairness Oregon has been helping Tim stand up to Chase, but they need a surge in public support right now to save his home.
Banks across the state — and country — are taking advantage of homeowners in Tim’s situation all the time. Economic Fairness Oregon is pushing state legislators to pass a bill that will address the housing crisis and help people like Tim stay in their homes.
In the meantime, Tim needs public support to pressure Chase to stop the foreclosure.
When news of this story broke earlier in June after Senator Merkley spoke about it on the Senate floor, Chase agreed to delay the foreclosure and told the press they’d work to find a solution for Tim and his family.
But as soon as media attention faded, Chase called Tim and rescheduled the foreclosure for August 9 — just 10 days before Aaron returns from Iraq.
Every day that this issue is not resolved Aaron has to worry about his family and where they’ll live even as he’s risking his life in Iraq.
Sign here to tell Chase that we’re still watching and urge them to honor their promise to find a solution for the Collette family: