CCC Wind Down, Inc., formerly Christian Care Centers, Inc., is in post-confirmation wind-down under a confirmed liquidation plan, with the Plan Administrator reporting cumulative post-effective-date transfers of about $40.4 million and targeting a final decree application by December 31, 2026 in the Chapter 11 Post-Confirmation ReportDkt. 633. The debtor entered chapter 11 on May 23, 2022 after COVID-era census pressure and higher operating costs strained a nonprofit senior-living platform operating 760 units across three Dallas/Fort Worth-area campuses; by the petition date, the company reported about $60.8 million in assets, $64.5 million in liabilities, roughly $50.17 million of outstanding bond principal, $3.11 million of unpaid interest, and $6.868 million of refundable resident entrance-fee obligations in the Shapiro First Day DeclarationDkt. 3.
The case was filed around a sale-and-liquidation strategy rather than a going-concern balance-sheet rehabilitation. Before filing, the debtor had negotiated an asset purchase agreement with North Texas Benevolent Holdings, LLC as stalking horse bidder at a $44.25 million purchase price, while first-day relief sought to keep resident services, employee obligations, insurance, entrance-fee arrangements, and financing stabilized during the sale process, as described in the Shapiro First Day DeclarationDkt. 3. The capital structure fight also included lien and recovery litigation by the official committee against UMB Bank, N.A., reflected in the adversary complaint challenging the validity, priority, or extent of liens and seeking related declaratory and recovery relief in the .
The debtor then moved into plan consummation: CCC Wind Down filed its first amended liquidation plan in January 2023, and the court confirmed it on January 30, 2023 through the Confirmation OrderDkt. 419. The plan became effective on February 14, 2023, and the latest post-confirmation report shows the estate largely through secured and administrative distributions, with cumulative payments of about $37.3 million to secured creditors and $1.6 million to administrative claimants, no general unsecured distributions reported, and only $38,682 disbursed during the quarter ended March 31, 2026 in the Post-Confirmation ReportDkt. 633. The remaining path is administrative: maintain the service list and close out wind-down tasks, with the final decree application identified as the next outer milestone.
