A few days ago, we brought you the story of Elvinia Hall: a 103 year-old Atlanta woman facing foreclosure by JP Morgan Chase. In a clear example of the irresponsible lending practices of Big Banks before the crash, Chase Bank had allowed Hall’s grandson to take out a loan on the house without her consent, making it unaffordable for the woman and her 83 year-old daughter.
In what some are calling a victory for the 99 percent,†Fulton County sheriff’s deputies who arrived at the home to evict the pair on Tuesday, suddenly had a change of heart. The authorities decided not to remove the women after seeing their age and fragile health.
As news of the deputies compassionate act went viral, the Care2 community took action: over 33,100 members signed a petition to the CEOs of†Deutsche Bank and JP Morgan Chase asking them to show some human kindness and allow Hall to remain in her home of 53 years.
Thanks to this quick public outcry,†Chase Bank decided to abandon its plans to evict the small family.†”We will work out a resolution to keep them in the home permanently,” Chase spokesman Tom Kelly wrote in a statement Wednesday afternoon.
“We are extremely elated for all the people in the city who rallied behind them,” Hall’s grandson Ali Muhammad said. Muhammad told CBS Atlanta the home holds many memories for his mom and grandmother. “We’re just extremely gratified.”
JP Morgan Chase is one of five major banks currently being sued for illegal foreclosure practices in Massachusetts.
Image Credit: Flickr – taberandrew