Current:Home > MarketsSan Francisco archdiocese is latest Catholic Church organization to file for bankruptcy -Wealth Empowerment Academy
San Francisco archdiocese is latest Catholic Church organization to file for bankruptcy
View
Date:2025-04-26 14:18:53
The Roman Catholic Archdiocese of San Francisco is the latest Catholic organization to declare Chapter 11 bankruptcy as it deals with 537 lawsuits from survivors of child sexual abuse.
Archbishop Salvatore J. Cordileone said in a statement that the bankruptcy allows for the resolution of claims in a fair and equitable manner under court supervision. He added survivors could reach quicker resolutions and possibly receive peace and closure.
"Today, occurrences of abuse within the Catholic Church are very rare,” said Archbishop Salvatore J. Cordileone in a statement. “Given the educational and preventative measures now in place, I believe the Church has set the standard for other organizations, showing what can and should be done to protect our children."
The bankruptcy would cover only the Catholic Archbishop of San Francisco, not its independently managed parishes and schools. The organization serves 442,000 Catholics in San Francisco, San Mateo, and Marin in Northern California.
Dozens of Catholic churches have filed for bankruptcy
Marie Reilly, a law professor at Pennsylvania State University who has kept track of 34 Catholic churches that filed for bankruptcy since 2004, said it's not uncommon for a church to tell congregants it is filing for bankruptcy to insulate itself from future sex abuse lawsuits, she said. Bankruptcy forces the court to treat all claims the same and removes the possibility of jury trials as the trustee of the church will determine how much each claimant gets.
According to Reilly's tracker, 18 Catholic churches have reorganized their debts under Chapter 11 bankruptcy and another 12 are in proceedings. Three religious orders affiliated with the church have also filed for bankruptcy.
Contact reporter Krystal Nurse at knurse@USATODAY.com. Follow her on X, the platform formerly known as Twitter @KrystalRNurse.
veryGood! (185)
Related
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Back-to-school shopping could cost families a record amount this year. Here's how to save.
- 'Sound of Freedom' funder charged with child kidnapping amid controversy, box office success
- Biden is creating a new national monument near the Grand Canyon
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- 'The Lincoln Lawyer' Season 2 ending unpacked: Is Lisa guilty? Who's buried by the cilantro?
- Judges halt a Biden rule offering student debt relief for those alleging colleges misled them
- William Friedkin, director of acclaimed movies like The French Connection and The Exorcist, dead at 87
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Maintaining the dream of a democratic Taiwan
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Former White Sox reliever Keynan Middleton blasts team's 'no rules' culture, per report
- Brian Austin Green Sends Message to Critics of His Newly Shaved Head
- A judge called an FBI operative a ‘villain.’ Ruling comes too late for 2 convicted in terror sting
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Ronda Rousey says 'I got no reason to stay' in WWE after SummerSlam loss
- An Ohio election that revolves around abortion rights is fueled by national groups and money
- 'The Lincoln Lawyer' Season 2 ending unpacked: Is Lisa guilty? Who's buried by the cilantro?
Recommendation
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Father of missing girl Harmony Montgomery insists he didn’t kill his daughter
Possible human limb found floating in water off Staten Island
MLB power rankings: The Angels kept (and helped) Shohei Ohtani, then promptly fell apart
Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
Father of missing girl Harmony Montgomery insists he didn’t kill his daughter
Jada Pinkett Smith Shares Update on Her Hair Journey Amid Alopecia Battle
Wayne Brady of 'Let's Make a Deal' comes out as pansexual: 'I have to love myself'