The Texas summer camp where 25 little girls perished in a flood has filed for bankruptcy. 

The owners of Camp Mystic, Mary Liz and Edward Eastland, filed for Chapter 11 bankruptcy on Wednesday, The New York Times reported. 

The Eastland family said the summer camp's debt exceeded $10million, while their assets were only between $1million and $10million. 

Camp Mystic, which will remain permanently closed, saw 25 of its campers, two staff members, and an executive lose their lives last summer after a devastating flood wiped out the camp, which is located along a river. 

The girls' camp has faced scrutiny after the tragedy, as it was ill-planned to accommodate such an emergency. 

Mary Liz also saw her nursing license stripped after the July 4, 2025, tragedy, as the Texas Board of Nursing found she had abandoned campers when the site began to flood. 

The board found that she evacuated 'herself and her children to higher ground without providing any assistance or direction to all of the other campers and staff.' 

The order also faults Mary Liz for failing to develop and maintain adequate emergency plans and training protocols before the deadly floods, and failing to keep adequate shelter and evacuation protocols. 

Edward had previously admitted that more campers likely would have survived if he and his father, camp co-owner Richard Eastland, as well as the camp safety director, made quicker decisions to evacuate, the Texas Tribune reports.

Instead, Edward said he slept through a CodeRED text alert sent out on July 3 warning about the dangerous flash floods that were expected to last several hours.

He finally woke up when his father called him on his walkie-talkie shortly before 2am to tell him rain was falling hard and they needed to move the canoes and water equipment off the waterfront.

Yet they still opted not to evacuate the cabins at that point.

'It was not reasonable to do that at the time,' Edward said. 'The water wasn't out of the Guadalupe River. It was pouring down rain and lightning, and the cabins were safe at the time.'

But soon, the surging water raised the river from 14 feet to 29.5 feet in just an hour.

The Texas Department of State Health Services told the Eastland family in April that its emergency plan - submitted under an application for a license renewal - was insufficient under new rules for a youth camp. 

In the aftermath, Camp Mystic announced that it had canceled its bid for an operating license to reopen portions of the camp for Summer 2026.

'No administrative process or summer season should move forward while families continue to grieve, while investigations continue and while so many Texans still carry the pain of last July's tragedy,' the camp said in a statement to the Texas Tribune.