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Camden diocese becomes latest to file for bankruptcy

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CAMDEN - The Diocese of Camden has filed for bankruptcy, citing revenue losses because of the millions it paid out to clergy abuse victims and the pandemic.The filing on Thursday comes after New Jersey eased its civil statute of limitations in 2019 to make it easier for victims of alleged sexual abuse at the hands of clergy to sue for damages.In addition to the expanded statute of limitations, the outbreak of the coronavirus has only made things harder for churches, who rely on in-person donations from Mass goers.MORE: RELIGION“If it were just the pandemic, or just the costs of the Victims Compensation Program, we could likely weather the financial impact; however, the combination of these factors has made that impracticable,” Bishop Dennis.

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