Camp Mysticc filed for Chapter 11 bankruptcy reorganization on Wednesday, nearly a year after catastrophic floods killed 25 girls and two teenage counselors at the all-girls Christian camp in Texas.
In paperwork filed with the U.S. Bankruptcy Court in the Southern District of Texas in Houston, the camp listed its debt as exceeding $10 million. The camp said it has assets in the range of $100,001 to $500,000.
CBS News Texas reviewed the filing, which shows the limited liability corporation behind the camp has not filed prior bankruptcy cases in the last eight years. The filing indicates funds will be available to distribute to between 1,000 and 5,000 unsecured creditors.
This is a developing story. CBS News Texas will update this article regularly.
