AL - Karen Shahan, 53, murdered, Homewood, 23 July 2013 #1

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  • #861
True about 2008 LambChop. But the filing was barely into 2010. I haven't dug back into this thread, but I believe he had started/tried his own business venture at one time.

We have two mortgages right now as hubby is about to retire at the end of this school term, and we bought our retirement home in another state the end of 2011.
 
  • #862
That report does not appear to be particularly accurate. They appear to be paraphrasing other reports and getting the facts messed up.

For example, the church statement says he resigned, he was not fired. You would think that they would know better than a tabloid in another city.

Also, I don't think he was fleeing as such. This trip was clearly planned for some time, and it is not as though he was keeping it secret if LE were already aware of it.

IMO... A church's account may put the info. In a kinder light of a pastor and for the congregation...

thus... The church may announce that Shahan resigned... While (as reported in MSM) Shahan was actually fired...

Again... The word fleeing is semantics IMO...

JMO
 
  • #863
  • #864
Found it:

Shahan returned to Birmingham in 2009, becoming associate pastor, business and facilities administrator and families pastor.

In addition to his full-time church staff work, Shahan also had his own business enterprises on the side.

In 2003, Shahan formed his own company, One Vine Inc., an internet-based curriculum company for which he wrote church curriculum materials which he marketed to churches. He ran that business through 2010. His numerous publications included such titles as "Proverbs for Life for Men: Everyday Wisdom for Everyday Living" and "Advent: Preparing Our Hearts for Jesus' Birth."

He did event and travel planning for the Franklin Classical School in Tennessee from 2007 through this year.
==
Perhaps the business could account for debt in the 2010 filing.
 
  • #865
IMO... A church's account may put the info. In a kinder light of a pastor and for the congregation...

thus... The church may announce that Shahan resigned... While (as reported in MSM) Shahan was actually fired...

Again... The word fleeing is semantics IMO...

JMO

Do you have that MSM link? If MSM is reporting that they received the information from unnamed "sources" it would be considered a rumor so we need to make that clear.
 
  • #866
Found it:

Shahan returned to Birmingham in 2009, becoming associate pastor, business and facilities administrator and families pastor.

In addition to his full-time church staff work, Shahan also had his own business enterprises on the side.

In 2003, Shahan formed his own company, One Vine Inc., an internet-based curriculum company for which he wrote church curriculum materials which he marketed to churches. He ran that business through 2010. His numerous publications included such titles as "Proverbs for Life for Men: Everyday Wisdom for Everyday Living" and "Advent: Preparing Our Hearts for Jesus' Birth."

He did event and travel planning for the Franklin Classical School in Tennessee from 2007 through this year.
==
Perhaps the business could account for debt in the 2010 filing.

Good find regarding Pastor Shahan's publication business...

I thought I had read that... But couldn't remember where...

:seeya:
 
  • #867
The couple had a very good income when the bankruptcy was filed. I'd be in Heaven if I had 8K per month (that includes the housing allowance). They actually should have had a really good savings account built up after moving and getting out of the debt. Did anyone ever say how much of the bankruptcy had to be paid back?
 
  • #868
The couple had a very good income when the bankruptcy was filed. I'd be in Heaven if I had 8K per month (that includes the housing allowance). They actually should have had a really good savings account built up after moving and getting out of the debt. Did anyone ever say how much of the bankruptcy had to be paid back?

It was discharged in May of 2009. They had to pay on a monthly mortgage for a home that they owed almost $380,000 on. That is a large portion they were paying back plus the credit cards. Their housing allowance was probably used for the home they were living in on the church property. It's considered an asset even though they don't see that money. So his actual income was 5k so it sounds as if they just could not keep up with the bills and their house in TN would not sell, if they even put it up for sale.

I know it is a struggle for military families that have homes in other states and lease them out. If they have no one in their home to pay the mortgage they are stuck with mortgage in one state and rent in their home where they are based. jmo
 
  • #869
Did anyone ever say how much of the bankruptcy had to be paid back?

RSBM

I don't know about their particular case, but back in the mid 2000s when hubby and I both lost our jobs, I was unable to get another, and he got one paying about half of his previous salary, we went saw a lawyer about filing bankruptcy.

All we owed was the mortgage on the house and about $8000 on a credit card. Our cars were old junkers that were paid for.

We were encouraged to file for bankruptcy by the lawyers and a separate money management group we had consulted with.

We were told that bankruptcy would forgive 5% of the debt. Instead of paying off our mortgage in the 30 years (which we could no longer afford due to job losses) we would have 5 years to pay off 95% of the debt.

I could not make these people understand that if I couldn't afford to pay it off in 30 years without bankruptcy, how the heck was I gonna get the money to pay off 95% of the mortgage in only 5 years?

We ended up selling the house and paying off the credit card and didn't have to file for bankruptcy.
 
  • #870
Do you have that MSM link? If MSM is reporting that they received the information from unnamed "sources" it would be considered a rumor so we need to make that clear.

I am on my iPad... And don't know how to link... But...

Please see:

1.) this thread -post #843 - wkrn.com of 1-2-14 - a reporter in video states Shahan was fired...

2.) This thread - post #844 - nydailynews.com of 1-2-14 - reports he has now been fired...

HTH...:seeya:
 
  • #871
It was discharged in May of 2009. They had to pay on a monthly mortgage for a home that they owed almost $380,000 on. That is a large portion they were paying back plus the credit cards. Their housing allowance was probably used for the home they were living in on the church property. It's considered an asset even though they don't see that money. So his actual income was 5k so it sounds as if they just could not keep up with the bills and their house in TN would not sell, if they even put it up for sale.

I know it is a struggle for military families that have homes in other states and lease them out. If they have no one in their home to pay the mortgage they are stuck with mortgage in one state and rent in their home where they are based. jmo

Does discharge mean that the credit card debt went away and didn't have to be paid? I don't see a thing wrong with filing for bankruptcy because things happen such as illness, job loss, business failure, etc.
 
  • #872
Alabama pastor arrested in Nashville for wife's murder

Jan 03, 2014

Reported By Joseph Pleasant, Reporter

Reporter in video at below link said: "Shortly after Karen's murder the First Baptist Church of Birmingham placed Shahan on administrative leave and then later fired him as the Facilities Director and Pastor for Children and Family".

Article/Video: http://www.wkrn.com/story/24347730/alabama-pastor-arrested-in-nashville

It sounds as if the reported is "assuming" he was fired as he does not verify where he received his information from. Same as him adding something to the effect that detectives brought him back because of the vow he broke by killing his wife. Reporters tend to add their own embellishments.

So I'm still relying on what the church released not what this reporter states without verification. jmo
 
  • #873
Does discharge mean that the credit card debt went away and didn't have to be paid? I don't see a thing wrong with filing for bankruptcy because things happen such as illness, job loss, business failure, etc.

For the most part yes. They may have had to sell the house and any liquidate their assets to settle their debt. It is possible they were still paying off some debts depending on their agreement in court. jmo
 
  • #874
Hey Guys - please note I removed the bankruptcy info because the link didn't work and it appeared to be a copy/paste from a blog.

Does anyone have a better link?

Thanks,

Salem
 
  • #875
This is an interesting statement from the wkrn.com article of 1-2-14....
(Please see this thread -page 34 - post #843)

"However, because of the open investigation into his[Pastor Shahan's) wife's death, detectives told him to stay put."

So... It seems the Pastor WAS told by detectives not to leave the country...

JMO
 
  • #876
  • #877
Hey Guys - please note I removed the bankruptcy info because the link didn't work and it appeared to be a copy/paste from a blog.

Does anyone have a better link?

Thanks,

Salem

Here's the link Salem. I think the link was broken in the quote.

The Rev. Richard Shahan jailed in Homewood in connection with wife's July 23 slaying; not charged
August 08, 2013
AL.com reporters Greg Garrison and Kent Faulk contributed to this report.
http://blog.al.com/spotnews/2013/08/the_rev_richard_shahan_jailed.html

Link to my earlier post with the excerpt regarding financial details.
Websleuths Crime Sleuthing Community - View Single Post - AL - Pastor ARRESTED for Brutal slaying of wife Karen Shahan
 
  • #878
Hey Guys - please note I removed the bankruptcy info because the link didn't work and it appeared to be a copy/paste from a blog.

Does anyone have a better link?

Thanks,

Salem
Alabama Media Group is a digitally-focused news and information company that combines the quality journalism from The Birmingham News, The Huntsville Times, Mobile’s Press-Register and The Mississippi Press with the up-to-the-minute access of AL.com and gulflive.com.

From: http://www.alabamamediagroup.com
 
  • #879
This is all speculation, but its possible that the bankruptcy was filed due to unsecured/credit card debt.those creditors might not have left them alone and the Shahans might have seen no other choice.

Back in the eighties we had a small business fail and out only way out was bankruptcy. I did my best to make payment arrangements to my debtors, but when deputies started showing up at my door with summons to court where they were suing for immediate payment , I had no choice. That time in my life is why I have a healthy fear of being in debt to this day. We rebuilt our credit but I still think about and cringe over those days sometimes.

I'm sure laws have changed, but we kept our home and vehicles, and all our personal debt(which we paid) and only wrote off business debts.
 
  • #880
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