The Northeast Cobb homeowner who has been in a with Wells Fargo Bank to prevent the foreclosure of his home is moving his "Occupy" protest to Downtown Atlanta.
Steve Boudreaux's home on Rubes Landing in Northeast Cobb County was . This was the final chapter of a multi-year process that saw Boudreaux attempt to save his American Dream by entering in to a loan modification program. Due to the late arrival of paperwork from the IRS, Wells Fargo completed the foreclosure sale.
In light of the sale, Boudreaux has been since the sale went through. He is assisted in this venture by the Cobb United for Change Coalition (CUCC) and Occupy our Homes ATL (OOHA), rights groups that protest what they see as unfair and predatory treatment of homeowners by banks.
Unfortunately for Boudreaux, his battle may soon be over; he has a dispossession hearing scheduled for next Friday, Aug. 10. In a last-ditch effort to prevent his eviction, Boudreaux and his allies will be staging a protest at the at 1:45 p.m. on Friday, Aug. 3.
According to a press release from Occupy Our Homes ATL, the protesters will be joined by the Green Party's presidential candidate, Jill Stein. Stein was recently arrested in Philadelphia during an "Occupy Fannie Mae" protest.
According to Wells Fargo spokesperson Jay Lawrence, the bank fought hard for Boudreaux but was unable to help him, unlike the 35,000 Atlanta area homeowners the bank has saved from foreclosure.
After the sale of the property to "a very large investor," Wells Fargo no longer had anything to do with Boudreaux or his home, Lawrence said.
"Boudreaux may disagree with us, but he has a right to," Lawrence said. "We did our best."