Alvaro and Silvia Tellez have been trying for months to negotiate with the bank that holds the mortgage on their home. They want to renegotiate the terms of their sub-prime mortgage and are willing to keep making regular payments that are within their budget. Over the past year, their monthly payments have jumped from $3,000 to $4,700. The family moved into the basement of their building in order to rent the two floors above in effort to continue making regular monthly mortgage payments. But the bank would rather add one more vacant property to a neighborhood already riddled with them rather than find a way to keep the Tellez family in their home.
Alvaro and Silvia followed the legal process and looked for relief from the courts, but were callously told by a judge, after a hearing that took minutes, that they most vacate their property by December 4th. But the Tellez family is taking a stand. With the support of the Chicago Anti-Eviction Committee, the Tellez family announced on Thursday, their intention to stay put regardless of the court's decision. They held a press conference Thursday with a couple dozen supporters who plan to help the family stay in their home, even if it requires physically blocking the eviction with their presence. The Chicago Anti-Eviction Campaign is calling for solidarity on Saturday, when the 30 day period has expired and the possibility of attempted eviction becomes eminent. Supporters are urged to show up at the families home at 10:30 AM.
For more info check the campaigns facebook page... http://www.facebook.com/group.php?gid=238610161031
Below are pictures from the meeting and press conference at the Tellez family residence at 2221 N. Latrobe Ave on Chicago's west side. The Tellez Family served soup and hot chocolate to the dozens who showed up to support the family, crowding the tiny basement apartment in which the family lives....