Update on number, status of US diocesan bankruptcies
July 26, 2023
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CWN Editor's Note: The National Catholic Register provides a summary of the bankruptcy proceedings involving Catholic dioceses and archdioceses in the US:
Twenty-nine dioceses have now filed for bankruptcy protection. Twelve are now in the process; seventeen have emerged.
In every case, the bankruptcy filing was triggered by the prospect of large payments to settle sex-abuse claims. A recent rash of new diocesan bankruptcies has resulted from state laws extending the statute of limitations for abuse complaints.
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