Without Walls International Church-In Foreclosure

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TAMPA — The future of Without Walls International Church, once one of the fastest-growing congregations in the country, is in jeopardy as the church faces foreclosure of its Tampa property.

The California-based Evangelical Christian Credit Union holds the church’s mortgage, and filed foreclosure proceedings against Without Walls Tuesday. Court records show the church defaulted on a loan that was due in August. The credit union is demanding immediate repayment of that loan and the $12-million mortgage on Without Walls’ Grady Avenue property.

The Rev. Randy White, Without Walls’ pastor, said he is shocked by the move. The pastor said church officials thought they were actively negotiating with the credit union as late as Tuesday afternoon when they received an e-mail from credit union executives…

 

In the last year, White has divorced, lost a daughter to brain cancer and seen attendance at his church decline sharply.

He said in August that when he and his wife split up, 50 percent of the 22,000-member congregation left in the aftermath, but some have begun to return.

A sagging economy and layoffs have also weighed on church members and their ability to donate, dragging income down by 30 percent, White said.

Without Walls owes $13-million on its Tampa property, and $12.5-million on the church’s Lakeland branch, the church’s chief financial officer, Norva Carrington, said. …read it all here

 

Bottom line pray for Pastor Randy White that God would give him wisdom, revelation, and understanding. That the Sermon On The Mount lifestyle would flourish in his heart. Lord, strengthen him with might on the inner man…it has been a difficult season.

~ by soulpants on November 10, 2008.