 After the crash, Penney lost virtually all of his personal wealth and borrowed against his life insurance policies to help the company meet its payroll.The financial setbacks took a toll on his health, and he checked himself into the Battle Creek Sanitarium for treatment.After hearing the hymn "God Will Take Care of You" (written by Civilla Durfee Martin) being sung at a service in the hospital's chapel, he became a born-again Christian.