The Roman Catholic Diocese Files for Bankruptcy Due to Sex Abuse Scandal

Photo YourErie.com

Another Diocese has now filed for bankruptcy due to a child sexual abuse scandal.

The Roman Catholic Diocese of Rochester has filed for bankruptcy protection, Chapter 11.

The petition estimates the diocese’s assets as $50 million to $100 million — and its financial liabilities as $100 million to $500 million.

Per an article by USA, that is eight dioceses in New York and twenty nationwide that have filed for bankruptcy due to child sexual abuse lawsuits.

 The bankruptcy filing is the direct result of the Child Victims Act which extends the time frame to file the claims regardless of when the abuse occurred.

The Rochester diocese listed 59 lawsuits in their bankruptcy petition.

To discuss your financial situation with attorney Alex Hernandez, call now for your free initial bankruptcy consultation.

Attorney Alex Hernandez

Representing clients in the areas of Chapter 7 Bankruptcy, Family Law/Divorce, and car and motorcycle accidents for 20 years. (904) 712-5565 or (305)-688-LAWS (5297). *Se Habla Español

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