I figure we can have a separate thread on a list of bankruptcy losses. This is not speculation of what could happen, but did happen/is happening.
Canyon Camp is saved
https://www.telegraphherald.com/news/tri-state/article_34c2cdb2-92df-5011-8f9e-7f458b7dac12.html
And
No details and the FB posting says the final proposal will be voted August 2, but if I had to bet they are going to opt to wipe out all their cash reserves in order to save the camp.