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Many Americans Supporting Soldier in Keeping His Home


A Bend man is putting a face on the housing crisis, and thousand’s of other Americans are joining his fight against an August 9th foreclosure. Tim Collette made national news recently because his son, who's fighting in Iraq, is due to visit in August and may not be able to come back to the family home. Collette put more than $100,000 down on his home; had no other debt, and a consistent work history. But when the bubble burst, he lost much of his construction income, while he would like the foreclosure postponed several weeks so his son can visit, his ultimate goal is to stay in his home: “I'm back doing my old profession. I'm very busy. When I'm working there was no problem I didn't owe money to anybody other than the house when I got the house. Now that I'm working, okay, lets take a look at what I’m doing here.” In the most recent twist; more than 100,000 people have signed a petition asking JP Morgan Chase to postpone the August 9th foreclosure date. Monday, a national spokesperson for Chase, Tom Kelly, says they've been talking to Collette about solutions that would accommodate his son's leave.

 

 

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