Click here to advertise on CatholicCulture.org

Iowa diocese emerges from bankruptcy

Catholic World News - June 22, 2012

The Diocese of Davenport, Iowa, has emerged from bankruptcy, having completed a reorganization of its finances that was approved by a federal court in 2008.

The Davenport diocese filed for bankruptcy protection in 2006, citing the demands of settlements to sex-abuse victims. Bishop Martin Amos said on June 21 that the court-approved agreement had provided “just and fair” compensation to the victims without sacrificing the work of the Church in Iowa.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our July expenses ($21,925 to go):
$35,000.00 $13,074.95
63% 37%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Making Moral Progress? July 3
Vatican statement clarifies duties of Catholic faithful after Obergefell decision July 2
Political battles vs. sacrificial service: The Brooks paradox revisited July 2
A Baptist leader with a message the Synod of Bishops should hear June 30
'Helpful' advice for social conservatives: ignore causes, deal with effects June 30

Top Catholic News

Most Important Stories of the Last 30 Days
Pope approves process for holding bishops accountable in abuse cases CWN - June 10
Pope Francis’ 2nd encyclical released (includes link to full text) CWN - June 18
US Supreme Court rules all states must recognize same-sex marriage CWN - June 26
Archbishop Nienstedt, auxiliary bishop resign CWN - June 15