(The Roys Report) Chicago-area Republic Bank has stopped foreclosure proceedings against disgraced celebrity preacher, James MacDonald, and reinstated MacDonald’s mortgage on his $1.5 million Elgin estate.
The dismissal filed today with the Kane County, Illinois, court comes less than a month after MacDonald settled his arbitration case with Harvest Bible Chapel and may have received a large payout.
Though Harvest had promised to communicate about its arbitration with MacDonald and not keep the “matter unnecessarily private,” the church and MacDonald agreed to a Protective Order, making details of the August 14 settlement confidential. As a result, it is not known how much money MacDonald received in the settlement.