A Texas camp where 25 young girls were killed as a result of devastating floods in July 2025 reportedly filed for Chapter 11 bankruptcy Wednesday.

Camp Mystic’s debts were listed as $10 million to $50 million on the paperwork filed with the U.S. Bankruptcy Court in the Southern District of Texas, NBC News reported. The camp operator said its assets ranged from $1 million to $10 million, according to the same filing. The flooding at Camp Mystic led to the deaths of 25 young girls, two teenage camp counselors, and the camp official Richard Eastland, the outlet reported.

The camp’s bankruptcy filing follows a June 2026 report from the Texas Legislature who conducted an investigation into the deadly July 4, 2025 floods. The investigation found that the camp did not provide enough emergency training to staff and did not adequately prepare for the storm.

“The lessons to be learned from the camp’s inadequate emergency planning and response are worthy of careful study for opportunities to avoid similar future tragedies,” the report’s introduction reads. (RELATED: Pediatrician Fired Over Texas Flood Post Says ‘Sorry,’ Claims She Didn’t Know Anyone Died)

BREAKING: Camp Mystic filed for bankruptcy nearly a year after catastrophic floods killed 28 people at the summer camp in Texas. https://t.co/lmhktE2BGU

— The Associated Press (@AP) June 24, 2026

While the owners of the camp planned on reopening it this summer, they ultimately decided to stay closed amid backlash from parents in May 2026, USA Today reported. Republican Texas Gov. Greg Abbott noted that the camp had pulled its application for renewal with the Department of State Health Services (DSHS) in an April 30 statement.

“Our hearts are with the families who lost loved ones and those recovering from last year’s devastating Fourth of July floods,” the governor said. “The DSHS continues working with the Texas Rangers to investigate Camp Mystic. The results of that investigation will be made public as soon as possible.”

Several parents who lost children in the devastating floods have reportedly filed lawsuits, according to CBS News Austin. While attorneys representing the families have advocated for a public trial, the camp’s attorneys have pushed for arbitration to handle the lawsuits behind closed doors. The families are pursuing over $1 million in damages, NBC News reported.

Judge Christopher M. Lopez, a U.S. bankruptcy judge, is handling the case, Fox4 reported. Lawyer Martin A. Sosland of Dallas is representing the camp.

The Eastman family owns the camp, and family members signed the Chapter 11 bankruptcy filing, according to the outlet.

The Daily Caller reached out to the attorney representing the camp for comment.