Fresno Diocese Bankruptcy Hits Local Churches | Fresno News

The Diocese of Fresno is in deep financial trouble after filing for bankruptcy amid over 150 historic sexual abuse cases involving former priests. Local churches, like St. Elizabeth Ann Seton in Bakersfield, could be hit with massive liabilities—up to $9.5 million from funds they deposited with the diocese. Those funds were meant for a new church and community programs, but now the diocese’s “cash poor” status means assets—including cash and properties—will likely be sold off to cover settlements. Fundraising for the new building has been halted, leaving parishioners heartbroken and praying for a fair resolution as the diocese remains silent on legal details. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9fd0c6e1a5874a6c