Tuesday, November 03, 2009

Foreclosure On Georgia Hindu Temple Can Move Ahead

The Atlanta Journal-Constitution reported yesterday that a federal bankruptcy judge has lifted a temporary stay, clearing the way for creditors to sell off at a foreclosure sale of The Hindu Temple of Georgia. The move came after the court found the Temple in contempt for failing to hand over specified financial documents. The Temple filed for bankruptcy after it defaulted on a $2.3 million loan on its $5 million facility in Norcross, Georgia. The judge also asked the U.S. trustee handling the case to have the FBI investigate potential criminal wrongdoing by Temple leaders.