Showing posts with label Foreclosure. Show all posts
Showing posts with label Foreclosure. Show all posts

Wednesday, December 28, 2016

Evangelical Christian CU Evicts Church over Almost $22 Million in Unpaid Debt

Evangelical Christian Credit Union (Brea, CA) evicted a Georgia megachurch from its 4,000 seat sanctuary before Christmas over nearly $22 million in debt.

The sanctuary of Higher Living Christian Church (McDonough, GA) will be sold in public auction to the highest bidder for cash on January 3, 2017.

The church building includes a multi-purpose sanctuary with removable seating. It could be modified to accommodate trade shows, graduation ceremonies, cultural events, art displays, or a fellowship hall. The facility also boasted eight classrooms, indoor children's play area, administrative offices, and choir rehearsal room.

Evangelical Christian Credit Union is currently under an enforcement order with the the California Department of Business Oversight.

Read the story.





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Wednesday, August 10, 2011

Oregon CU Is 5 Days Early in Removing Items from Foreclosed Home

Clackamas Community FCU hired a moving company to remove items from a foreclosed home. The problem is that the credit union was five days early.

Some items were put into storage, while others were taken to the dump.

A notice said that the former homeowner had until Friday, August 12 to clear out of the property.

The credit union's attorney denied that any items were taken from the home, despite the evidence to the contrary.

Read the story.
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