Alex Jones' InfoWars has filed for bankruptcy amid a deluge of lawsuits against him by the families of Sandy Hook victims

• Alex Jones' InfoWars and two other companies owned by the host have filed for bankruptcy.
• Filings for the three entities indicate that each entity has estimated liabilities of up to $10 million.

Three business entities owned by far-right broadcaster and conspiracy theorist Alex Jones have filed for bankruptcy amid a string of lawsuits against him by the families of the Sandy Hook shooting victims.

Infowars, Prison Planet TV, and IW Health filed for protection under Chapter 11 in the Texas Southern District Court on Sunday, according to court filings seen by Insider.

The filings show that each entity has liabilities ranging from $1 million to $10 million and assets worth between $0 and $50,000.

Under Chapter 11, business owners may keep ownership of their companies and continue running them while proposing a reorganization plan for their affected creditors to vote on.

Lawyers for Jones did not immediately respond to Insider's request for comment.

Jones currently faces multiple defamation lawsuits in Texas and Connecticut, filed by the relatives of those who died in the 2012 Sandy Hook Elementary School shooting. The families say Jones defamed them by baselessly claiming that they were actors staging a "giant hoax" and that the killings never occurred.

Lawyers representing Jones had earlier said that the lawsuits against him were an attempt to "silence" the host and "anyone else who refuses to accept what the mainstream media and government tell them," per court filings.

Jones later admitted that the shooting was real and blamed his false claims on a "form of psychosis."

In November, a Connecticut judge found Jones liable by default for damages after he refused to turn over evidence. The amount to be paid has yet to be determined.

Last month, Jones offered 13 plaintiffs a settlement of $120,000 each but was rejected by all of them.