SF archdiocese could declare bankruptcy
The San Francisco archdiocese would be among more than 20 dioceses involved in bankruptcy proceedings.
The Archdiocese of San Francisco could soon declare bankruptcy, after more than 500 lawsuits have been filed against it in the last three years.
In an Aug. 4 letter obtained by The Pillar before its publication, Archbishop Salvatore Cordileone told Catholics that “a Chapter 11 bankruptcy reorganization is very likely” for the archdiocese.
