Mealey's Bankruptcy - Stockton, Calif., Diocese Faces More Than $10M In Claims, Excluding Abuse Judgments

Mealey's Bankruptcy - Stockton, Calif., Diocese Faces More Than $10M In Claims, Excluding Abuse Judgments

SACRAMENTO, Calif. - The bankrupt Roman Catholic Bishop of Stockton, Calif., the official name of the Diocese of Stockton, on Feb. 12 filed a status report in the U.S. Bankruptcy Court for the Eastern District of California stating that the total value of its estate is $5.83 million, and it estimates priority and unsecured claims of more than $10 million will be filed by creditors, not including any money the diocese may need to pay related to pending clergy sex abuse lawsuits (In Re: The Roman Catholic Bishop of Stockton, Calif., No. 14-20371, Chapter 11, E.D. Calif. Bkcy.).

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