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Holy Foreclosure Hell!

On Easter Sunday, I did just about the same thing I do every Sunday:  work.  But for many of the devoted of the denominations that celebrate the holiday, church was not an escape from the financial woes that plague them the rest of the week. 

As I took a break from writing by scanning business news stories, I read about the huge increases in church foreclosures. Here’s an excerpt from www.reuters.com/article/idUSTRE63020J20100401:

FORECLOSURE FILINGS TRIPLE

Getting a complete picture of the financial health of churches across the country is difficult. But a review of filings in the Thomson Reuters Westlaw legal database shows foreclosure proceedings against U.S. churches have nearly tripled since December 2007, when the recession began, compared with the previous seven years, which included the dot.com bust and economic downturn.

 

Court records also reveal more than 100 churches have declared bankruptcy in the last year, often in a last-ditch attempt to halt a sheriff's sale. That number could rise fast.

 

An investigation by a Memphis television station found hundreds of churches in the city fighting foreclosure. Jackson estimates thousands of African-American churches nationwide are in danger of foreclosure, with 200 in Atlanta alone.

 

Last year, I wrote a Huffington Post column on how stressful it is when your home, the place in which you seek a safe haven from the rest of the world, is endangered by foreclosure.  http://www.huffingtonpost.com/lita-smithmines/home-is-where-the-heartac_b_226442.html  Now, I am sad thinking about what can happen when the sanctuary in which you worship is in arrears and can no longer be your spiritual shelter.

 

We’ve got an abundance of anger towards the “haves” in our midst already. Where will the rage of some of the “have nots” be consoled and dissipated if their churches go on the auction block?

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