As we've been reporting, the Archdiocese of San Francisco could soon declare for Chapter 11 bankruptcy, which would allow the Archdiocese to achieve two important goals.

This as more than 500 lawsuit have already been filed against it in the last three years.

For a better understanding, KCBS Radio's Bret Burkhart and Patti Reising spoke with Chris Odinet, Law Professor at the University of Iowa, who studies bankruptcy and financial distress.