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 and Lakeland properties.
The California-based Evangelical Christian Credit Union holds the church’s mortgage and filed foreclosure proceedings Tuesday. The credit union has also initiated foreclosure proceedings on the church’s North Lakeland branch, Without Walls Central Church.
Court records show the church defaulted on a loan due in August. The credit union is demanding immediate repayment of that loan and the $12 million mortgage on Without Walls’ Grady Avenue property.
Without Walls owes $13 million on its Tampa property and $12.5 million on the church’s Lakeland branch, said the church’s chief financial officer, Norva Carrington.
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http://www.theledger.com/article/200...ews/811050401#
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