FOR IMMEDIATE RELEASE
Tim Franzen 404-414-5521
La’Die Z. Mansfield 678-675-3888
On Monday (01/23) at 11am Occupy Atlanta will hold a press conference in the front of Chase Bank located in the Edgewood Shopping Center, 1215 Caroline St. NE.
Like many families across the nation, the late Ms. Eloise Pittman was a victim of one of the worse cases of predatory lending. The Pittman family has been fighting to save the family home since November 2011. This house for this family is more than a building that gives shelter. It is a home that has been passed down generations since the 1950’s.
This past week we have finally been able to get Chase bank to negotiate with they family. The options they have laid out are terrible. They either want the family to leave or pay over $400,000 for a property that's worth a little over $100,000. Their options are unacceptable. When Chase bank needed a bail out they got one to the tune of billions at practically zero percent interest. We will not continue to allow big banks like Chase to continue to make profit off the backs of those that they refuse to assist.
Occupy Atlanta will be announcing our plans to escalate the campaign against Chase bank at the press conference, part of which will include actions that are provocative, and national in scope. The time where Banks like Chase are able to quietly scam folks out of their homes is over.