Will the Buffalo Catholic Diocese Consider Bankruptcy?

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Photo credit WBEN Photo/Mike Baggerman

Buffalo, NY (WBEN) This week, the Child Victims Act gives victims one year to file a claim of sexual abuse no matter when it happened or how old they are. With numerous claims to be filed against the Buffalo Catholic Diocese, could it mean bankruptcy?

He's also advised his clients it's an emotional rollercoaster ride, and the process will be lengthy.

The bankruptcy concerns come as hundreds, possibly thousands of people who say they were molested as children in New York state are expected to go to court this week to sue their alleged abusers and the institutions they say failed them, including the Catholic Church, the Boy Scouts, public schools and hospitals.

It's all because of a landmark state law passed this year that creates a one-year window allowing people to file civil lawsuits that had previously been barred by the state's statute of limitations, one of the nation's most restrictive, that had prevented many victims from seeking justice for decades-old abuse.   Read more