Reverse the foreclosure on our home
  • Petitioning Pam Zekman

This petition will be delivered to:

CBS, Investigative Reporter
Pam Zekman
President & CEO of American Chartered Bank
Dan Miller
American Chartered Bank, Chairman of the Board
Robert Riter
Illinois Governor
President of the United States
U.S. Senate
Illinois
Gov. Patrick Quinn
Illinois
Sen. Dick Durbin

Reverse the foreclosure on our home

    1. Ronald Day
    2. Petition by

      Ronald Day

      Chicago, IL

In 1995 my wife and I purchased a building in Chicago in the Old Town neighborhood. In 2002 my wife was diagnosed with Multiple Sclerosis also known as MS. We enjoyed our building for approximately twelve wonderful years, but clearly our focus had changed. We needed to make our building handicapped accessible, as my wife struggled to climb thirty-two stairs to the second floor. Eventually confined to a wheelchair, my son and I would have to carry her up and down the stairs.

On 09 August 2007, we decided to sell our building to IT2K Develop­ment LLC. We would retain a condo in the building for $630,000.00, which would also include two parking spaces. IT2K Development agreed to make the new building handicap accessible as well as the new anticipated condo home.

IT2K development used $630,000.00 of our money to help finance the new construction of the building, along with a construction loan from American Chartered Bank. After two years of construction, the building was left unfinished with six out of the eight residential units unsold, along with the commercial space. Therefore IT2K defaulted on the loan agreement that started in 09 August 2007 and ended on 09 August 2009.

The looming real estate crisis subsequently derailed the project causing the bank to reclaim their interest in the building. The bank demanded an extra $250,000.00 from my wife and I, or they would foreclose on our home. A judgment of foreclosure was received against us on the 19 June 2013. Now, we are being forced out of our home and we are asking for your help to keep what is rightfully ours.

Thank you for your support and helping us fight for our home. 

 

Any donations to help with legal fees would help our family out tremendously. 

http://www.gofundme.com/dayfamily

 

Recent signatures

    News

    1. Reached 1,500 signatures
    2. Update on our home

      Ronald Day
      Petition Organizer
      Please help us keep our home.

      The Day family thanks everyone for supporting us in helping keep our home. We are still fighting and are asking the bank to give us our deed and let us keep what is rightfully ours. God Bless -Harolyn Day

    3. Thank You

      Ronald Day
      Petition Organizer

      Thank you for all of your support. It's been amazing how much support we've gotten. We still need more signtures and hope you can continue to spread the word.

      Stay bless,

      The Day Family

    4. Reached 1,000 signatures
    5. 500 Signatures.

      Ronald Day
      Petition Organizer

      We have reached 500 signatures. Please inform others and spread the word through this critical time. Thank you for your time and consideration.

    6. Reached 500 signatures

    Supporters

    Reasons for signing

    • Rats Overboard CHICAGO, IL
      • 2 days ago

      The American Chartered Bank executives seem to look the other way on foreclosures and bad loans if certain Aldermen are involved in the buildings, but a family like this they are so willing to evict ? Ask ACB for the North Lincoln Avenue deal they seem to have made people with clout but no money

      REPORT THIS COMMENT:
    • rr rehkemper CHICAGO, IL
      • 11 days ago

      This family is so wonderful. When we first moved on the block they welcomed us warmly. These are great folks and deserve to keep their home. They played by the book… so why are they getting penalized. The crooked developer should be found and thrown in jail!

      REPORT THIS COMMENT:
    • Debbie Marshall CHICAGO, IL
      • 2 months ago

      Harolyn I have moved back to Chicago. Please call 773-483-8682. 301-433-5448

      REPORT THIS COMMENT:
    • Donzell Lampkins CHARLESTON, IL
      • 6 months ago

      This is important to me because no one deserves to be homeless especially with winter around the corner.

      REPORT THIS COMMENT:
    • Susan Jackson-Smith MOUNDSVIEW, MN
      • 7 months ago

      It's time the financial institutions took responsibility for their actions. And actions, like this, need to be stopped!

      REPORT THIS COMMENT:

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