Friday, September 17, 2010
Pentecostal Church Files For Bankruptcy
KENTUCKY...
A Pentecostal church that had expanded to a new building a year ago has filed for bankruptcy.
The New Vision Ministry Center outlined debts of $1.8 million to its creditors, including various banks and contractors. The church also dismissed its pastor, John David Boggs, in June.
The Courier-Journal reports that the church filed for Chapter 7 bankruptcy on Tuesday.
The filing includes liabilities related to New Vision's move in September 2009 to a former Walmart building.
Nine months after moving from its longtime home, the congregation moved back to its original site. The landlord for the property sued New Vision this year to collect unpaid lease payments from the church, which the company said were $30,000 per month.
# posted by Homer Owens @ 12:28 PM 
