Text size

A Bulgarian businessman from Chicago wants to save the church "St. Ivan Rilski"

published on 2/6/23 1:43 PM

Saint Ivan Rilski Church in Chicago

Photo: bg-voice.com

The Bulgarian businessman Mihail Mihailov, who is based in Chicago, has bought one of the mortgages of the church of St. Ivan Rilski, reported BG Voice. The temple owes $370,000 to two banks that are suing the church for bankruptcy.

Mihailov will join the lawsuit as a plaintiff in his role as holder of the first mortgage.

The businessman's idea is to introduce a new management model to have double control over the finances of the church, which will be carried out only by Bulgarians.

At the moment the St. Ivan Rilski Church is not part of the Bulgarian Orthodox Church, but is subordinate to the American Orthodox Church. The liabilities were accumulated after 10 years of litigation costs by Valentin Notskov, who was removed as a priest from the temple.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Life Bulgarian Orthodox Church Chicago church Saint Ivan Rilski

More from category

The story of Deanna Haag and her cosy bookshop in Varna, Bulgaria

Deanna Haag was born in Cleveland, Ohio, USA. She grew up dreaming of adventure and new horizons. After graduating from Wittenberg College in Ohio with a degree in Fine Arts, her life took an unexpected turn. The young American stood out for her..

published on 2/5/25 1:53 PM

The charity Viennese Ball in Sofia will support a new social cause

Support for the activities of the Institute of Social Activities and Practices in Sofia is the cause that will unite organizers and guests of the Viennese Ball, which has become a tradition for the Bulgarian capital. This year's edition, scheduled..

published on 2/3/25 2:25 PM

Earthquakes, water shortages, wind generators… eco-challenges unite students from Bulgaria, Italy and Denmark

Topics related to renewable resources and natural disasters united students from the Bulgarian Sunday School "Assen and Iliya Peykovi" in Rome, the First English Language School in Sofia and the Greve High School near Copenhagen. The project aims to..

published on 2/3/25 1:22 PM