Statement from Bishop Stephen E. Blaire
STOCKTON (CA)
Roman Catholic Diocese of Stockton
For Immediate Release to the Press
January 13, 2014
Contact: Sr. Terry Davis 209.466.0636
Director of Communications,
Diocese of Stockton
After months of careful consideration and prayer, it has become clear to me that the Diocese of Stockton’s financial difficulties can only be resolved by filing for bankruptcy protection. This decision was reached through consultation with experts in finance and law, as well as with priests, parishioners and many others in the community our Diocese serves.
Our attorneys will file for Chapter 11 bankruptcy protection on Wednesday, January 15, 2014. Our Diocese will become the tenth in the United States to make such a filing.
This has been a difficult decision. Nevertheless, I am convinced this step will allow us to achieve two essential goals. First, it will provide a process to compensate as fairly as possible the victims of…
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