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The Santa Rosa Catholic Diocese is filing for Chapter Eleven bankruptcy protection. Bishop Robert F. Vasa filed the petition in U.S. Bankruptcy Court on Monday.
“Now, facing at least 160 new cases, with excess property depleted, with insurance for many of the years either non-existent or exhausted, it is impossible to see any way forward without recourse to the bankruptcy protections our country makes available,” Bishop Robert Vasa of Santa Rosa (CA) said in a statement.
The Catholic Diocese of Santa Rosa will file for bankruptcy today. The move to file for chapter 11 comes as they face over 200 new legal claims over childhood
The Diocese of Santa Rosa, California, will soon the growing list of American Catholic jurisdictions filing for bankruptcy protection.