Camp Mystic 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 more than $10 million. The camp along the Guadalupe River said it had assets in the range of $100,001 to $500,000.
Families of the victims filed a lawsuit in November seeking more than $1 million in damages, saying the camp operators failed to take the necessary steps to protect the girls as life-threatening floodwaters approached on July 4. Camp owner Richard Eastland also died in the flood…