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Stockton “diocese” likely to be 10th in US to enter bankruptcy
catholicculture.org The Diocese of Stockton, California will almost certainly declare bankruptcy in early 2014. In a letter to the faithful of the diocese, Bishop Stephen Blaire said that a final decision on bankruptcy has not yet been made, but “no viable option has emerged other than reorganizing financially under the protection of bankruptcy court." “Moving in this direction will enable us to continue to meet our obligations to the victims of sexual abuse, to the poor and vulnerable, and to you, our people,” Bishop Blaire said. to read more click here: catholicculture.org
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