Bank Forecloses on Returning Iraq Soldier's Home
On the same day that soldier Aaron Collette returned from a tour of duty in Iraq to his father Tim's home in Bend, Ore., that very house was bought back at auction due to foreclosure, local news KTVZ reports.
According to ThinkProgess, a campaign by Sen. Jeff Merkely (D-Ore.) had delayed the foreclosure proceedings. But still, despite promising to work with the Collettes, JPMorgan Chase reportedly went through with repurchasing the home eventually.
Aaron and his dad are no different from the millions of people who have been foreclosed on due to a crisis that has also affected numbers of military personnel.
"Average Joe, nobody special -- even my situation isn't special," Collette's father told local news KTVZ, despite his son's status as an active-duty member of the military. Under the Servicemembers Civil Relief Act, active-duty soldiers are protected against foreclosure unless it is court-ordered, but Collette's case would suggests that a parent's foreclosure is not covered.
Read the full story at The Huffington Post.
For more on foreclosure and related topics, see these AOL Real Estate guides:
- How to Buy Foreclosures
- Spot Foreclosure Scammers Before They Spot You
- Foreclosure: What it Means for Renters
- Foreclosure Help: What a Housing Counselor Can Do
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