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Stockton Catholic Diocese To File Bankruptcy

  •  Rich Ibarra 
Monday, January 13, 2014 | Sacramento, CA
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Stockton's Catholic Bishop says he will file for Chapter 11 bankruptcy on Wednesday, making it the tenth in the United States to make such a filing.

The Roman Catholic Diocese of Stockton has been hit hard by parishioner lawsuits over sexual abuse by priests.

The diocese and its insurers have paid out more than 32 million dollars over the last 20 years.

Stockton Bishop Stephen Blaire says bankruptcy will allow the diocese to provide compensation for victims who have not yet had their day in court.

"We could probably put together a few bucks for one new case but what happens to all the others who come afterward."

~Bishop Stephen Blaire

Blaire says the parishes, cemetery, and Catholic schools are separate corporations within the Diocese so they will not be affected.

 

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 stockton

Rich Ibarra

Contributing Central Valley/Foothills Reporter

As the Central Valley correspondent, Rich Ibarra covers San Joaquin, Stanislaus, and Merced counties, along with the foothill areas including Tuolumne and Calaveras counties. He covers politics, the economy and issues affecting the region.   Read Full Bio 

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