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Bank threatens to foreclose on synagogue, Torahs

September 17, 2010 09:45AM

The bank is threatening to seize torahs to get back its money

Stonegate Bank is seeking to move forward with a foreclosure on a Chabad
synagogue in Boynton Beach at 10655 El Clair Ranch Road, looking to
grab the synagogue’s property and even its prayer scrolls, or Torahs.
The bank said it wasn’t trying to attack the Chabad through its
religion. “We just want to get paid,” said David Seleski, president of
the bank. The synagogue filed for Chapter 11 bankruptcy in June, which
usually puts a halt to all litigation. Earlier this month, Stonegate
filed a motion in U.S. Bankruptcy Court to allow the foreclosure action
to move forward. It was filed on Sept. 10, the Jewish holiday of Rosh
Hashanah. [Sun