Monitronics International, Inc., along with its nine affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on May 15, 2023. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Timothy Alvin Davidson, II of Hunton Andrews Kurth LLP and Latham & Watkins LLP as its legal counsels, Alvarez & Marsal North America, LLC as its financial advisor and PJT Partners LP as its investment banker.

The debtor also hired Kroll Restructuring Administration, LLC as Claims, Noticing, and Solicitation Agent.