Righteous dollar bills: The 17 creditors that lost the most in the Diocese of Helena’s bankruptcy

MONTANA
Independent Record

Landon Hemsley
Independent Record

Bankruptcies are painful for many, but especially for those who are owed money they will never receive.

As part of the Diocese of Helena’s bankruptcy proceeding, the court released a document entailing the 20 creditors who lost the most when the Diocese declared bankruptcy.

Two of the 20 creditors were identified one group of 95 and a second group of 268 “abuse claimaints.” The amount of money these two groups of claimants lost in the bankruptcy is not revealed in the court documents. One of the claimants had two separate claims in the document, bringing the total of known claimants to 17.

The Diocese is passing through a chapter 11 bankruptcy, which means the Diocese has declared that it is working to restore its ability to pay obligations that it is presently unable to honor; it has not declared that it…