Thursday, July 14, 2011

Las Vegas Megachurch Fights Foreclosure, Seeks Bankruptcy

The Church at South Las Vegas, known for its outreach to prostitutes in Sin City, has filed for bankruptcy protection.

Members of the church agreed to not pay the church’s mortgage after they found out that they owed the bank more than three times the amount that the church building was worth. The 23,635 square foot church building is worth only $2.375 million compared to the $7.653 million owed in mortgage, according to Vegas Inc.

Read the rest of the article at Christian Post

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