Central CA Catholic diocese files for bankruptcy
STOCKTON, Calif. (AP) -- A Central California Roman Catholic diocese that has paid out tens of millions of dollars in judgments and settlements stemming from child abuse allegations has filed for bankruptcy.
Attorneys for the Diocese of Stockton submitted the filing to the U.S. District Court for the Eastern District of California in Sacramento on Wednesday.
The diocese now has four months to file a reorganization plan.
The bankruptcy filing comes after more than $32 million has been paid out to sexual abuse victims over the last 20 years -- $14 million in the diocese's own money and an additional $18 million from insurance companies.
Eventually a deadline will be set for more abuse victims to come forward if they wish to be included in any future payout.