Approve the loan modification for the Duenas family
  • Petitioned Peter Fasseas - CEO/Chairman, Archer Bank

This petition was delivered to:

Peter Fasseas - CEO/Chairman, Archer Bank
Matthew Tilton - President, Archer Bank

Approve the loan modification for the Duenas family

    1. Abraham Duenas
    2. Petition by

      Abraham Duenas

      Chicago, IL

Alma and Abraham Duenas have helped others in need and have been giving persons and they have been helping and supporting the community in education, environment, health, human and immigration rights, art, business and family issues for many years. Their building is located at 2500 S. Christiana Ave. Chicago IL 60623 corner of 25th and Christiana Ave. in the Little Village community, they purchased the property in the year 2000 where they opened a business, a business that they have dreamed all their life, “Catedral Café”. With this, they were able to help and work closer with the community helping organizations, families, children, and even other business. Now you, Archer Bank, wants to take their property away because you have denied a loan modification.

Last year sales were so low that forced the Duenas family to close their business as reported by the Chicago Tribune and the Wall Street Journal; also last year, Mrs. Duenas was doing her student teaching to be able to graduate as an educator receiving no salary for a few moths. They were in a very tight budget, but were able to make partial mortgage payments to you. They asked you for a loan modification only for a year till things got better. It was explained to you, Archer Bank, in detail that they were in a temporary bad economic situation that will be solved in less than a year, but their petition for a loan modification was denied and Archer Bank executed a foreclosure on their property.

Now that their economy is better (as promised to Archer Bank), Mr. Duenas has a job, Mrs. Duenas, with her new teaching degree, is getting a teacher position, and they have rented the business to a young entrepreneur to open “La Catedral Café & Restaurant” receiving rental income to be able to make payment to you, Archer Bank, but you have denied a loan modification.

The Duenas family is honest, hardworking people and wants the bank to negotiate a reasonable settlement for a loan modification. I am asking you Archer Bank to re-consider a loan modification now that they have to possibilities to make the payments and find a solution.

The Duenas family have rented the business to people that will be continue with their vision on helping the community and this is making their business to grow. If a new building owner takes over, “La Catedral Café & Restaurant” probably will be forced to close down making people to loose their job and the families and community will be loosing something very valuable for all.

During the hail storm last year, the building’s roof was damaged and the Duenas family submitted the damage report to the insurance. Once the insurance sent to Archer Bank the check for the damage, you never repaired the building’s roof. Now, every time it rains, there are leaks all over the building damaging the interior walls and structure. The Duenas family did some roof patching, but the leaks are back. I also want to ask you that please do the proper roof replacements due to the fact that you kept the insurance check and it is very expensive to replace the damaged roof.

The Duenas family has owned this building for over 11 years and only last year they were really affected by the economy like everybody else. Giving them an opportunity to keep the building is a good business decision for Archer Bank and their shareholders otherwise is going to be another empty building in our community and it will take moths if not years for the building to be rented and Archer Bank or the new owner will be loosing a lot of money, not a wise decision for anybody. We are witness of the increasing number of empty business spaces in the Little Village community. Please, grant the loan modification request to the Duenas family and rescind the foreclosure so they can continue helping our community, the community that you Archer Bank also serve.

Recent signatures

    News

    1. Update.....

      Abraham Duenas
      Petition Organizer

      Estimados Amigos;

      El pasado lunes 30 de Julio nos presentamos frente al juez el cual se ve claramente de que esta a favor de los bancos como lo vimos en varios casos antes de el de nosotros, así que el juez fallo a favor de Archer Bank. En este momento estamos entablando una conversación con el abogado que representa al banco para buscar alguna otra forma de negociar. Los mantendremos informados.

      Gracias a todos por su apoyo.

      Familia Dueñas

      *-*-*-*-*

      Dear Friends;

      Las Monday, July 30 we appeared in front of the judge that clearly is in favor of Banks as we saw it in the cases before ours, so the judge decided in favor of Archer Bank. At this moment we are establishing a conversation with the attorney that represents the bank to look for another way to negotiate. We will keep you informed.

      Thank you all for your support.
      The Duenas FamilyHow does this update help inform your supporters?

    2. Today is the day....

      Abraham Duenas
      Petition Organizer

      Today is the day, we will be presenting all your signatures the judge to show that you care for this building and the community. Thank you all for your support and keep sharing, calling the bank, and signing.

    3. Preserving a Local Gem: Catedral Café

      Abraham Duenas
      Petition Organizer

      By: Ashmar Mandou

      Catedral Café owner Abraham Duenas is currently in a struggle to keep his business alive. In January of this year, Duenas received a foreclosure notice from Archer Bank. Since then, Duenas has engaged in a battle with Archer Bank to come to an agreement for a loan modification.

      Some Little Village residents describe Catedral Café as a gem. Others depict it as a safe haven for youth. Even Mayor Rahm Emanuel makes it a point to stop in whenever he is in the neighborhood. But for Abraham Duenas, Catedral Café is simply a dream.

      Since 2005, Duenas, along with his wife, Alma, has been serving up more than just mouth-watering cuisine for foodies and locals alike. Duenas, a longtime volunteer in non-profit organizations such as Little Village Environmental Justice Organization and Enlace Chicago, sought this as the perfect opportunity to combine both his loves; food and youth advocacy.

      .... Read more, clcik at the link....

    4. WE HAVE OVER 700 SIGNATURES, please keep sharing.

      Abraham Duenas
      Petition Organizer

      This is spreading like wildfire, lets make Archer Bank come to a good sense not only with our case, but with all the families that are suffering this economic distress. Keep sharing, keep calling the bank, keep closing your accounts, KEEP NOT DOING BUSINESS WITH METROBANK GROUP (Archer Bank, Metropolitan Bank, Plaza Bank, Oswego Community Bank, North Community Bank, First Commercial Bank, Edens Bank, Chicago Community Bank, Metrobank, Community Bank of Dupage, and Citizens Community Bank). I know is a hassle to close an account, they will be the “Happy-Good Service Bank” while they have your money, but if you need their help, they even sue you to get your pay check. If you and your family are in economic anguish, they will push you more to the agony. They will pay thousands to make you suffer till you can not sleep suffering anxiety attacks not knowing if the sheriff will bang on you door at any time. Please, KEEP TAKING ACCTION NOW.

    5. Over 500 signatures in 5 days!! Thank you for your support and keep sharing

      Abraham Duenas
      Petition Organizer

      Hello Friends;

      Today we have reached over 500 signatures in a record time, but this is not enough we need to take this issue to the next level.

      We want to ask you to do something more personal, we want to ask you to close your account and do not do any business with Archer Bank, Metrobanks or any member of the Metrobank Group till they do a modification for the Duenas family and ask you family and friend to do the same, this action is on protest not only for our case, but for all the families that do not have the ways to fight the banks back.

      Also, call Matthew Tilton - President, Archer Bank at 773-838-3000 to tell him we are very upset that a loan modification was denied for the Duenas family and we urging him to reconsider the modification this week, you may only get as far as his secretary, but leave the message with him/her and your number to call you back.

      The Duenas family thank you for your support.

    6. Reached 500 signatures

    Supporters

    Reasons for signing

    • MK V CHICAGO, IL
      • about 2 years ago

      Give them the loan modification. Don't be crooks!!!!!!! You have the money. Do it. NOW!!!!!

      REPORT THIS COMMENT:
    • April Doner SARASOTA, FL
      • about 2 years ago

      This Cafe was the meeting point for me and a group of artists that would change my life-- Arturo Lizalde and Marcos Catalan who introduced me to Black Gate Studios artist collective, and inspired me to start an artist collective in Sarasota, FL!! This is a very special place with dedicated, wonderful people at the helm. I hope anything can be done to help them keep this property. Thank you for anything you can do!

      REPORT THIS COMMENT:
    • Arturo Balderas CHICAGO, IL
      • about 2 years ago

      support the Duenas family

      REPORT THIS COMMENT:
    • Alma Amado JOLIET, IL
      • over 2 years ago

      This is a pilar of the hispanic community among others, their dedication, professional help of Duenas family had enhanced our community and boosting the economy of the town. Please be part of helping your community by supporting the doors opened of this great business.

      REPORT THIS COMMENT:
    • Maria Hernandez CHICAGO, IL
      • over 2 years ago

      There is always a solution to the problem. Banks are loosing more by taking properties from people that in the long run will be able to make their mortgage payments and banks will not loose as much money as if they foreclose on properties. Please, all employees at any bank are "college kids" but don't know how to resolve problems of this nature. Banks start making a change and prove that you are capable, as college graduates, to solve this kind of problems.

      REPORT THIS COMMENT:

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