The Christian Family Church International in Jupiter didn’t want to start the New Year by losing its sanctuary to foreclosure so it filed Chapter 11 in hopes of finding financial redemption with its creditors.
In October, Church Loans & Investments Trust and Herring Bank, both of Amarillo, Texas, won a $4.7 million foreclosure judgment against the non-profit. It was set to lose its 13,714-square-foot church, single-family homes at 709 N. Perry Ave. and 412 Center Street, and 1.3 acres of neighboring… …read more
From:: biz journal foreclosures