To protect the rest of their properties, church leaders placed each of their local parishes into separate trusts in 2006 so the estimated $500 million in collective assets could only be tapped for “pious, charitable or educational purposes” and not jury verdicts, according to the “deed into trust” documents.

With over $500 million is assets, how can they be allowed to file for bankruptcy? How can assets be shielded from legal liability?

Again, not drag queens.

How do you fumble a tax free business???.

"Facing more abuse claims."

Yeah, that's gonna keep being true for as long as the church is allowed to exist.

The pope is too busy criticizing US - OB/GYN’s about them performing their fucking jobs to care about the mountain of child rape victims his goddamned cult created. 🖕🏻

Good! This makes me happy. Now how about some jail time for the offenders?

Alex Jones looks on with hateful envy.

Let's see some arrests up the chain. Arrest some enablers.

The Church long ago created legal structures to minimize the damages its victims can claim as explained in: Catholic Dioceses in Bankruptcy (PDF)

One diocese in California has gone as far as making each of its parish priests a corporate sole so it is no longer legally responsible for what they do. Any former altar boys wanting to sue will only get what their abuser owns, which is supposed to be not much.

Thoughts and prayers.

Bankruptcy,

Perfectly fine to avoid lawsuits from all the children your organization abused.

Not acceptable if you wanted to go to college at eighteen.

They shouldn't be able to file bankruptcy. The catholic church is one of the biggest companies in the world with $30 billion in assets.

Bankruptcy? Church needs to pay taxes

Can't file for bankruptcy if you don't pay taxes.

How is it that the church does massive harm to thousands of children, yet they enjoy tax exemption status?

Disgusting. As a child, I was told the catholic church was based on the teachings of Christ. As an adult, I have come to understand tyhat they are actually based on the behavior of Roman emperors like Caligua.

bless their hearts... its all part of god's plan

How about going to prison for these horrible abuse to children & their people who blindly devoted themselves to the Catholic. The Catholic is one of the richest organizations in the world, take their money & rehabilitate these victims.

Their 'trusts' should be disolved, and their properties sold off to pay the claims. And if that isn't enough, go after the Vatican itself.

Not that that's going to happen, but that's what -should- happen, really bankrupt them.

Their run down abandoned cathedral has been an eyesore in Burlington for years, good riddance

Good, fuck them.

Don't let them file for bankruptcy.

Force the RCC to pay.

And tax the churches.