The Christian Post > U.S.|Mon, Aug. 01 2011 10:58 AM EDT
Crystal Cathedral Members Trusting in God to Get Out of Debt
By Nicola Menzie | Christian Post Contributor
Leaders of Crystal Cathedral have announced that selling the California church, laden with nearly $50 million in debt, is no longer an option and say they believe that God is going to turn the church’s situation around for good.
- (Photo: AP Images / Damian Dovarganes, File)
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The Creditors Committee is responsible for ensuring that Crystal Cathedral's debt is settled and has been going by a bankruptcy reorganization plan that includes sale of the church.
Church members are hoping the judge overseeing their case will grant them permission in court Monday to move ahead with a plan of their own to raise the necessary funds to dig Crystal Cathedral out of debt.
Schuller called the announcement, issued by Kallestad from the church’s pulpit, “unexpected,” but added that he was delighted to know board members had decided to step out in faith to battle the church’s financial woes.
DP Benke said Jeske was in LA, trying to score a broadcasting node there.
***GJ - Walt Kallestadt wrote the famous "Entertainment Evangelism" article for The Lutheran magazine. He earned a DMin from Fuller, had Fuller leaders preach from his pulpit, and recently took his mega-congregation out of ELCA. Kallestadt has preached for Schuller and is on the board. Community of Joy in Phoenix, where I observed one service with Mrs. I, planned a water park next to his church. I do not see it on Google Maps. The congregation belongs to the LCMC.