Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, July 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Megachurch Files for Chapter 11

SANTA ANA, Calif. (CN) - Crystal Cathedral Ministries, an Orange County-based megachurch founded by the Rev. Robert Schuller, filed for Chapter 11 bankruptcy, listing more than $50 million in debts. The church, whose mainstay is its televised "Hour of Power," owes more than $43 million on its mortgage and overdue payments to its vendors and local TV stations around the country.

The church issued a statement saying it will continue its Sunday services, and broadcasts, but said it has laid off staff and will reduce the number of stations that broadcast its show.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.