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Camp Mysticc filed for Chapter 11 bankruptcy reorganization connected Wednesday, astir a twelvemonth aft catastrophic floods killed 25 girls and 2 teenage counselors astatine the all-girls Christian campy successful Texas.
In paperwork filed with the U.S. Bankruptcy Court successful the Southern District of Texas successful Houston, the campy listed its indebtedness arsenic exceeding $10 million. The campy said it has assets successful the scope of $100,001 to $500,000.
CBS News Texas reviewed the filing, which shows the constricted liability corp down the campy has not filed anterior bankruptcy cases successful the past 8 years. The filing indicates funds volition beryllium disposable to administer to betwixt 1,000 and 5,000 unsecured creditors.
This is simply a processing story. CBS News Texas volition update this nonfiction regularly.
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