Chapter 11 is all part of God's plan, pastor says
(NEWSER) - California megachurch Crystal Cathedral Ministries has filed for bankruptcy protection amid a flood of lawsuits from unpaid creditors and a steep drop in donations. Officials of the Orange County church, best known for its Hour of Power telecast, say the filing was necessary because creditors refuse to prolong a moratorium on repayment, CNN reports. Services and telecasts will continue, according to a senior pastor. More»