Crystal Cathedral Ministries has found a way out of bankruptcy: Selling its giant crystal cathedral. The megachurch's landmark 10,000-glass-pane building in Orange County will be sold along with other buildings on the church's campus to pay off the $50 million owed to vendors and creditors, the Los Angeles Times reports.
The church has a guaranteed option to lease the campus for 15 years from the buyer and, finances permitting, will be able to buy back the buildings in 2015. "I would be relieved to put all this behind me and move on with my life," says one creditor whose home went into foreclosure after the church failed to pay her for the livestock she provided for Christmas pageants. For more church problems, click to read about the "sex covenant" the church required choir members to sign. (Read more bankruptcy stories.)