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What happens to a cryonically frozen body if the company goes bankrupt?

The idea that after death you’ll “have yourself frozen” and wake up hundreds of years later in a new era sounds like sci-fi. But cryonics really exists: in liquid nitrogen at around −196 °C, dozens of bodies and severed brains of people who hope future medicine will one day be able to help them are stored. So far, however, not a single human has been revived—only embryos and some organs in experiments.

The real question is: what if the company responsible for your body simply goes bankrupt? Who decides what happens to your frozen body, who bears responsibility if the brain is damaged, and where would you even live if you were ever truly “thawed out”?

How cryonics works today—and why it’s still experimental

Cryonics means preserving human remains—either the whole body or just the brain—at extremely low temperature after legal death, in the hope that future technology will be able to repair the body and revive it. It typically involves cooling the body, perfusing blood vessels with cryoprotective solutions, and storing it in tanks of liquid nitrogen at roughly −196 °C.

Most scientists view cryonics more as a speculative experiment than as serious medicine. For now, the scientific consensus is straightforward: there is no proven method to safely bring a person back from such a state. Cryonics is also associated with significant tissue damage—during cooling itself, from cracking in vitrified (glass-like) brain tissue, and during any potential rewarming.

Even so, thousands of people worldwide sign up for it. Estimates suggest that only hundreds of bodies are currently stored in cryonics facilities—mainly in the US and Russia—and several thousand people have signed contracts for the future. The price of a cryonics procedure including long-term care typically runs into tens of thousands to low hundreds of thousands of euros. Most often it’s funded via life insurance, which pays the cryonics organization the amount needed for the procedure and long-term storage after death.

Can a cryonics company go bankrupt? History has already answered

The short answer: yes, it can. And it has happened.

In the 1960s and early 1970s, several of the first cryonics companies were founded in the US. Most of them had no long-term financial plan and relied on families paying storage fees for years or decades. The result was catastrophic: almost all companies from that period collapsed, and the bodies they had stored were simply thawed and disposed of (usually buried or cremated).

It’s a brutally hard fact, but it’s worth knowing that what people fear—“what if the company goes bankrupt?”—has already happened in real life. That’s one reason today’s larger organizations are more cautious and try to separate funds meant for “patients’” care from day-to-day operations.

How cryonics organizations try to protect themselves against bankruptcy today

Modern organizations such as the Alcor Life Extension Foundation most often operate as non-profits and try to build financial mechanisms intended to outlast the organization itself. Alcor, for example, transfers part of the cryopreservation payment into a separate “Patient Care Trust”—an independent fund with legally segregated assets used exclusively for patients’ long-term care (liquid nitrogen, tanks, and facilities).

Similar funds aim to invest conservatively so that returns cover the long-term costs of keeping bodies frozen. The goal is clear: even if the organization undergoes restructuring, a change in leadership, or a legal transformation, the money for liquid nitrogen and storage tanks should still be controlled by a dedicated trust rather than the organization’s “regular account.”

It must be stressed, however, that even this model is no guarantee. A trust can invest poorly, lose part of its funds, or run into conflicts with a given state’s laws and regulations. Lawyers point out that in many countries the legal system is simply not designed for this scenario.

What would happen to the bodies if the company really went bankrupt?

Let’s imagine that despite all the planning, the company—or even a non-profit—ceases to exist. In practice, the possible scenarios are:

  1. Transfer to another cryonics organization
    In the best case, another organization would take over the tanks and the “patients” and continue maintaining them. In the past, existing companies have stated they would accept competitors’ patients if funding for ongoing care were available. Legally, this would likely happen as a transfer of contracts and assets during bankruptcy proceedings.
  2. Transfer managed by a trust or foundation
    If long-term care funds sit in a separate trust, a bankruptcy trustee should not be able to use them to pay the company’s debts. The trust could hire a new facility operator or lease the cryonics infrastructure to another organization. In theory, patients could “survive” the bankruptcy of the organization that originally froze them.
  3. Thawing and burial of the patients
    The worst—and unfortunately historically proven—scenario is that no one is found to take over or fund the operation. In that case, the bankruptcy trustee would have to decide what to do with the bodies. Over time they would simply stop being cooled, thaw, and under the laws of that state would have to be buried or cremated. That is exactly what happened in several early cryonics projects in the US.

Which scenario would apply to your specific contract would depend on the details—what state the organization is registered in, how the contract is written, whether a trust exists, and whether another entity is willing to take the patients over.

Who is liable if the brain is damaged during thawing?

This is where things get legally tricky. Under today’s laws, people in cryonics tanks are already dead—cryonics is performed only after legal death has been declared. The organization therefore isn’t liable for “bodily harm,” but rather for the handling of human remains and for fulfilling the contract.

Lawyers point to several potential issues:

  • Contractual liability – if the organization promises in the contract to maintain the patient at a certain temperature and ensure a supply of liquid nitrogen, and knowingly fails to do so, it may be a breach of contract. Next of kin may seek damages or compensation for disrespectful handling of remains.
  • Negligence – if thawing occurs due to gross negligence (for example, months-long failure to perform basic staff duties), courts may assess whether the organization failed to meet professional standards of care.
  • Rights of the next of kin – in some countries, family members may argue that damage to the cryonics “patient” caused them psychological distress because the body no longer matches what was agreed upon before death.

The key point is that the legal frameworks remain very unclear. Legal analyses in England and Wales, for example, note that local laws are not prepared for cryonics and provide only weak protection for the interests of the dead and their relatives in disputes with a cryonics organization.

In other words: if a patient’s brain is damaged in an unintended thaw, it’s highly uncertain whether the family could achieve anything in court beyond financial compensation—and even that only in some jurisdictions.

Partial thawing: what would it do to the brain?

Cryonics organizations aim to keep bodies long-term below the so-called glass transition (below roughly −130 °C), where tissue behaves more like glass than ice. But if there are problems with liquid nitrogen supply, the body will gradually warm up.

With partial thawing, several things would happen at once:

  • Cracking and mechanical damage – during slow warming of a vitrified brain, cracks and internal stresses can form in the tissue. Cooling and warming alone can cause microfractures in brain structure.
  • Ice crystal formation – if some areas warm above critical temperatures and the cryoprotectant solution is not distributed perfectly, water can begin turning back into ice. The crystals then physically destroy cell membranes and delicate connections between neurons.
  • Chemical and biological damage – above 0 °C, normal decomposition processes resume: enzymes and bacteria break down tissue, similar to conventional post-mortem decay, just perhaps somewhat slowed.

For any future “revival,” the brain is key—preserving personality and memories means preserving the extremely delicate structure of neural connections. Even cryonicists themselves acknowledge that the greater the brain damage, the lower the chance that future technology could reconstruct it. Partial thawing would therefore likely mean the practical end of any realistic hope of revival, even if the body were later re-frozen.

From a legal perspective, paradoxically, it would still be “only” damage to a corpse rather than harm to a living person. But from the perspective of someone who invested tens of thousands of euros and their last hope, it would be final.

If cryonics ever worked: where would a person actually live?

We don’t yet have a single real case of a human waking up after cryonics, so everything that follows is speculation—but it’s grounded in how current contracts are structured and in existing legal thinking.

  1. The legal status of a “revived” person
    Today, in the eyes of the law, you are dead after cryonics: probate goes ahead, assets are distributed, marriage ends. If someone revived you decades later, states would have to decide quickly how to re-enter you in official registers, whether to restore citizenship, and what rights to grant you. Legal analyses note that today’s laws don’t contemplate such a scenario at all, meaning new rules or special court decisions would be needed.
  2. Where you would live—and who would support you
    Some organizations already offer model trust arrangements that allow you to “set aside” part of your assets so they can be paid back to you if you are ever revived—essentially “sending money into the future.” Such a trust can be structured to last a very long time, invest the funds, and wait for your return.
    In an ideal scenario, you would wake up with at least some capital in euros or another currency to secure housing and basic living—though in a completely different society, with different prices, technologies, and culture.
  3. The first years after waking: more like a clinic than an apartment
    It’s very likely that if reviving a person after cryonics were possible, it wouldn’t be a single simple procedure. You would more likely spend months or years in a specialized medical facility where damage would be repaired gradually, muscles rebuilt, and you would be taught how to function in a new body and a new world. Alcor itself notes in its materials that revival would be a gradual process and may be decades away.
  4. Psychological shock and social reality
    Even if everything worked technically, the psychological question remains. Everyone you knew would likely be dead. Language will have changed, culture will be elsewhere, and the digital world may look completely different. These aspects are mentioned less in cryonics marketing, but philosophers and bioethicists warn that returning to life after centuries could be psychologically extremely demanding.

Video: What a real cryonics clinic looks like inside

If you want a clearer idea of the conditions in which bodies are stored and what the liquid nitrogen tanks look like, it’s worth watching a documentary video from a modern cryonics facility.

Just watch this short video (English, with subtitles), which shows the standby process, transport, and patient storage:

Moral and practical risks: cryonics as a very special kind of lottery

Modern ethical and legal analyses of cryonics agree on at least one thing: today, cryonics is an extremely uncertain “product,” with a substantial risk that a person will never be revived—whether for technical, economic, or legal reasons.

  • Technically, we don’t know whether it will be possible in a few centuries to repair a brain damaged by freezing, possible cracking, and thawing.
  • Economically, it’s uncertain whether organizations and trusts can last for decades to centuries without major losses.
  • Legally, it’s unclear who would owe what to whom in the event of disputes—especially if generations pass between freezing and any future revival and laws change.

From the perspective of someone investing tens of thousands of euros, it’s more like a very particular kind of lottery than a guaranteed “ticket to the future.”

Summary: what to keep in mind if cryonics fascinates you

If the idea appeals to you, it helps to keep a realistic picture in mind:

  • Cryonics is an experimental preservation of a dead body, not a proven treatment. Not a single human has been revived so far.
  • History has shown that cryonics companies can go bankrupt and bodies can simply be thawed and buried if there is no long-term funding and no legally segregated fund.
  • Modern organizations try to protect patients through trusts and non-profit structures, but even that does not guarantee survival over centuries.
  • In the event of an unintended partial thaw, the brain would likely suffer damage so severe that any future chance of revival would be practically zero.
  • The law still doesn’t know how to deal with conflicts around cryonics, liability in cases of failure, and potential claims by next of kin.

So rather than a promise of eternal life, cryonics looks like an extremely risky experiment involving your own body and savings. Bankruptcy of the company whose tank holds your body is only one of many risks—and history shows it’s one you have to take seriously.

Sources

  1. Cryonics – Freezing of a corpse with the intent of future revival (Wikipedia)https://en.wikipedia.org/wiki/Cryonics
  2. FAQs – Alcor Life Extension Foundation (Patient Care Trust and long-term storage)https://www.alcor.org/faqs/
  3. Alexandra Mullock, Elizabeth Chloe Romanis: Cryopreservation and current legal problems: seeking and selling immortality (Journal of Law and the Biosciences, 2023)https://academic.oup.com/jlb/article/10/2/lsad028/7381683
  4. What Happens to the Bodies if a Cryogenic Company Goes Bankrupt? (Today I Found Out)https://www.todayifoundout.com/index.php/2020/03/what-happens-to-the-bodies-if-a-cryogenic-company-goes-bankrupt/

Jana

I like turning curiosity into words, and writing articles is my way of capturing ideas before they slip away — and sharing them with anyone who feels like reading.