Life at Sea Cruises has filed for chapter 7 bankruptcy in the middle district of Florida on July 23.

The three-year residential world cruise start was poised to start last fall, but ultimately failed to take delivery of a ship and subsequently collapsed.

It is unclear what level of debt the company leaves behind, but according to sources that asked not to be quoted, there are numerous suppliers and guests owed significant amounts of money.

According to the filing, Life at Sea estimates there are between 1 and 49 creditors and lists assets under $50,000. It also lists estimated liabilities of under $50,000.