Florida homeowner Juan Guzman fighting back against foreclosure initiated by JP Morgan & Chase with lawn-wide sign.
Juan Guzman is fighting back against foreclosure of his Acreage, Fla. in home. According to
WPTV, he has a large, lawn-wide sign in his front yard labeled 'JP Morgan Chase help,' in a desperate attempt to save his home.
The Acreage man built his house in 2007 but couldn't handle the mortgage payment of $3,600 a month. He said he tried negotiating a lower loan from his bank but it wouldn't budge. Last year Guzman became unemployed and now his house is in foreclosure.
Talking about his sign, Guzman said, "Trying to save my house, my family and my savings, life savings."Guzman said his sign on his 82nd Lane home can be seen from an airplane. He hopes to negotiate with his bank again because he is now employed.
"We are all Americans and we should be helping each other. You banks, you already got the help from the government, so its time to show up," Guzman said.
Guzman's plea for help comes when some banks, including JP Morgan Chase, are temporarily stopping the foreclosure process. Source
There are many more Juan Guzmans out there fighting to keep their homes yet many of these big banks shrug their shoulders at even entertaining the thought of helping people on Main Street, though they gladly took funds in the government's stimulus program. It is time we let our voices be heard. Foreclosure is a loss for both the bank and the borrower. Surely there must be a way to offer a viable work-out. I am searching for a picture of the sign and will update the post once I find it.
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