Florida Pastor Henry Lyons Files Bankruptcy to Elude Church Foreclosure

pastor henry lyons files bankruptcy

Florida Pastor Henry Lyons Files Bankruptcy to Elude Church Foreclosure

The scandalized Rev. Henry Lyons, who rocked a national African-American Baptist organization in the late 1990s, is now facing the possibility of losing his Tampa church.

New Salem Missionary Baptist Church of Tampa filed for Chapter 11 bankruptcy protection in July to try and fend off foreclosure by Fifth Third Bank. The bank says it loaned the church $1.1 million in 2007 but that New Salem missed payments and has defaulted.

The bankruptcy filing appears to have stopped the bank from taking back any properties for now.

Read more at the Church Scandal Report

1 comments:

Unknown said...

The bankruptcy documents state that the Fifth Third Bank claimed that the church shuffled the ownership of some of the mortgaged properties. According to the bank, it appears that the church no longer owns several properties which they took out the mortgage upon.

Allan Morais

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