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Foreclosed Homeowners Call for Bankruptcy Reform

HeadlineMar 11, 2009

In Washington, D.C., a bus tour of foreclosed homeowners made its final stop Tuesday after a cross-country trip. The “Recovery Express” picked up passengers who lost their homes in eight cities across the nation. Edith Adachi made the trip from Chicago.

Edith Adachi: “My home is gone. I’m never going to get that home back again. But there’s many of you who have homes and now in foreclosure, and there’s something we can do about them. And I’m here to represent all those people.”

The “Recovery Express” was organized by the group People Improving Communities through Organizing, or PICO. Organizers are calling for bankruptcy law reform that would grant troubled homeowners the right to appear before a bankruptcy court if banks won’t negotiate with them.

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