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Stockton Diocese considers bankruptcy

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Posted: Friday, June 7, 2013 12:00 am

This week’s $1.75 million settlement with a former parishioner who says he was sexually abused by defrocked priest Oliver O’Grady has Stockton Diocese officials seriously considering bankruptcy.

“No decision has been made,” Sister Terry Davis said on Thursday. “But our reserve funds have been virtually depleted, and we have four more cases coming at us.”

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