December 5, 2018

Bankruptcy filing provides rare window into diocese finances

New Mexico’s largest Catholic diocese has spent hundreds of thousands of dollars in recent months on lawyers to fight claims of clergy sex abuse and to prepare for a potentially lengthy battle in US Bankruptcy Court.

The Archdiocese of Santa Fe’s petition for reorganization provides a rare look into the finances of a religious organization that for decades has been wrestling with the financial and social consequences of a scandal that rocked churches across the country.

Read the source article at WALB Home Page

Additional Articles You May Like

Sign Up To Receive Our Free Newsletter