Invacare Corporation, along with its two affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on January 31, 2023. The debtor listed its assets of $195.90 million and liabilities of $545.93 million. The debtor is represented by Matthew D Cavenaugh of Jackson Walker LLP, as local bankruptcy counsel.

The debtor also hired Kirkland & Ellis LLP and Kirkland & Ellis International LLP, as bankruptcy co-counsel, McDonald Hopkins LLC, as bankruptcy co-counsel, Huron Consulting Group, as restructuring advisor, Miller Buckfire & Co., as financial advisor and investment banker and Epiq Corporate Restructuring, LLC, as claims, noticing, and solicitation agent and administrative advisor.