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Wrong Earl Parchia?

Dr. Earl Parchia

Presiding Bishop

Florida State Council of the Pentecostal Assemblies of the World

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Florida State Council of the Pentecostal Assemblies of the World

Background Information

Employment History

Pastor

Pentecostal Apostolic Church

Bishop

Diocesan Florida Council of Churches

Pastor, Bishop

Host Church

Affiliations

Member of Executive Board
MWDDC

Web References (21 Total References)


Dr. Earl Parchia, Presiding ...

www.esquirepublications.com [cached]

Dr. Earl Parchia, Presiding Bishop of the Florida State Council of the Pentecostal Assemblies of the World, officiated the ordination. He and his wife Patricia became therapeutic foster parents in 1996 and adopted their daughter, Brittany in April 1998.


Dr. Earl Parchia, Presiding ...

www.esquirepublications.com [cached]

Dr. Earl Parchia, Presiding Bishop of the Florida State Council of the Pentecostal Assemblies of the World, officiated the ordination. He and his wife Patricia became therapeutic foster parents in 1996 and adopted their daughter, Brittany in April 1998.


Dr. Earl Parchia, Presiding ...

www.esquirepublications.com [cached]

Dr. Earl Parchia, Presiding Bishop of the Florida State Council of the Pentecostal Assemblies of the World, officiated the ordination. He and his wife Patricia became therapeutic foster parents in 1996 and adopted their daughter, Brittany in April 1998.


Dr. Earl Parchia, Presiding ...

www.esquirepublications.com [cached]

Dr. Earl Parchia, Presiding Bishop of the Florida State Council of the Pentecostal Assemblies of the World, officiated the ordination. He and his wife Patricia became therapeutic foster parents in 1996 and adopted their daughter, Brittany in April 1998.


Florida man settles Life Settlement (viatical) dispute with Life Partners

www.lifepartners-lphi-lawsuit.com [cached]

Earl Parchia, an Orlando, Florida Pentecostal pastor, bought the policy from life insurance policy reseller, Life Partners Holdings, Inc. 13 years earlier. In exchange for the company's offer of $150,000, Mr. Parchia surrendered his interest in the policy and dropped his lawsuit.

According to the story, Mr. Parchia, along with other investors, purchased a 42.8% fractional ownership in a life insurance from Life Partners Holdings, Inc. The company routinely resold whole and fractional life insurance policies which were sold by their original owners.
In many cases, the original policyholders sold their policies in exchange for access to the cash provided by life settlement companies like Life Partners Holdings, Inc. and investors like Mr. Parchia.
...
However, Life Partners reportedly told Mr. Parchia that he would need pay nothing more than a "policy purchase deposit" of $199,099. Within two years, however, they came to him and said that "an escrow account established at the time of the funding had been depleted".
This meant, the company told him, that he would need to begin paying over $5,000 per year to maintain the policy.
According to the lawsuit, Mr. Parchia "being totally at the mercy of Life Partners, Inc. paid annual premiums of $5,679.76 since 1998.

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