Dentistar P.C. has officially initiated Chapter 11 proceedings. With the filing, the company joins several regional dental care providers that have filed for bankruptcy protection to restructure operations.
The Glenview, Illinois-based company reports a significant gap between its estimated assets and liabilities. Case filings show that it is seeking to reorganize its finances as a small business debtor.
Dentistar P.C. Enters Bankruptcy
The company made its Chapter 11 filing on May 6, 2026, amid financial disparity. According to case records, its estimated liabilities are in the range of $1 million to $10 million. Estimated assets are listed at up to $50,000.
These listings suggest that Dentistar P.C. owes more than what it owns. To address financial challenges more efficiently, the company filed under Subchapter V. This provision is designed only for those businesses that qualify for the requirements of a small business debtor.
According to PACER, the proceedings are taking place in the U.S. Bankruptcy Court for the Northern District of Illinois. Attorney Ben Schneider of The Law Offices of Schneider and Stone is the legal counsel for the company.
Case Related Details
Case filings in the Chapter 11 petition show that the company’s president, Sam Shin, signed the filing.
Filing details also state that the company submitted a list of creditors who have the 20 largest unsecured claims and are not insiders. Some of these creditors are American Express, Hanmi Bank, Headway Capital, LLC, Fundfi, and Stearns Bank.
Court filings indicate that after administrative expenses are paid, no funds will be available for distribution to the unsecured creditors.
A summarized version of the petition is shared here:
- Filing Date: May 6, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of Illinois
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-07914
- Estimated Assets: Between $0-$50,000
- Estimated Liabilities: Between $1,000,001-$10 million
- Estimated Creditors: Between 1 and 49
- Reason for Filing: Restructure business under court supervision
The official website states that the dentistry-based business offers a range of services at its Glenview, IL-based location. These include general dentistry, cosmetic dentistry, orthodontics, implants, dentures, pediatric dentistry, and emergency dental care.
Similar Dental Businesses That Filed in Recent Months
Regional dental service providers across the country have seen a wave of bankruptcy filings in recent months.
On March 6, 2026, Navajo Smiles LLC entered Chapter 11 proceedings by filing under Subchapter V. The company currently runs a Peoria-based dental clinic by the name Pleasant Dental Care. Case filings state that its Chapter 11 plan is to be filed by June 4.
Facing a gap between its assets and liabilities, a Doral, Florida-based dental business filed for Chapter 11 proceedings on February 18, 2026. Using a Subchapter V filing type, it is hoping to readjust its finances. The dental service provider operates in two Florida locations – Doral and Pembroke Pines.
In line with these filings, Dentistar P.C.’s latest step highlights the growing financial strain facing smaller regional dental businesses. Through its filing, the company intends to reorganize its operations and address its liabilities under court guidance.
