Camp Mystic initiated Chapter 11 bankruptcy proceedings on Wednesday. This decision comes nearly a year after devastating floods claimed the lives of 25 girls and two teenage counselors at the all-girls Christian camp in Texas.
According to documents submitted to the U.S. Bankruptcy Court in the Southern District of Texas in Houston, the camp reported debts exceeding $10 million. Situated along the Guadalupe River, the camp’s assets were stated to be between $100,001 and $500,000.
The catastrophic flooding resulted in the deaths of at least 136 individuals across several miles of the river, raising questions about the circumstances that led to such a tragedy.
The bankruptcy filing occurred weeks after Camp Mystic halted plans to reopen this summer. The decision to pause reopening plans followed significant backlash from victims’ families and lawmakers, who were concerned about the camp’s intentions to resume operations amidst ongoing lawsuits and investigations.
