RegalMed, PLLC has filed a voluntary Chapter 11 bankruptcy petition. The petition does not state a specific reason for the filing. The company operates as a medical clinic offering functional medicine and wellness services.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. RegalMed, PLLC has filed for Chapter 11 subchapter V, which provides a streamlined Chapter 11 process for qualifying small business debtors. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
RegalMed, PLLC Files for Chapter 11
Court records, as available on the PACER database, show that the company submitted its petition on October 5. The records identify RegalMed, PLLC as a small business debtor and note that it is moving ahead using Subchapter V.
Sherry Farag, the company’s authorized representative, signed the petition.
Proceedings are taking place in the U.S. Bankruptcy Court for the Middle District of Florida.
About the Company
The company does business as RegalMed Clinic and provides personalized medical care. Its services include medical weight loss, cancer screening, advanced diagnostic testing, body contouring, aesthetic treatments, and more.
Services listed on its website include GLP-1 therapy, Botox and dermal fillers, hormone replacement therapy, microneedling and RF microneedling, and more.
The website details add that the clinic was founded by Dr. Sherry Farag, M.D. As a physician, Farag provides primary care alongside functional medicine, wellness, aesthetic, and longevity services. For 11 years, she has focused on personalized treatment, long-term health, and preventive care. Farag’s areas of practice include weight management, regenerative therapies, advanced diagnostic testing, aesthetic treatments, and body contouring.
The company’s founder is also the formulator behind Thrive Vitals+. This physician-designed supplement line works on areas such as joint, gut, nerve, immune, sleep support, and cholesterol.
Case Related Details
Case records show that attorney Michael Dal Lago is offering legal representation to RegalMed, PLLC in the court.
The records include a summary of assets and liabilities, which suggest a financial imbalance facing the company. The company’s assets are estimated at approximately $177,853, while its liabilities total about $1.2 million.
Other document filings include a list of creditors with the largest unsecured claims. Some names added to the list are ODK Capital, LLC d/b/a OnDeck, Allergan Cosmetics, The N2 Company, Bank of America, and LaPaz Group LLC.
Court filings indicate that funds will be available for distribution to the unsecured creditors.
The list of equity security holders shows that Sherry Farag owns 100 shares in the company.
A summary of the Chapter 11 petition is shared here:
- Filing Date: October 5, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Middle District of Florida
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 2:26-bk-02545-FMR
- Estimated Assets: Between $100,001 and $500,000
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
The upcoming court rulings are expected to be instrumental in shaping the future financial footing of RegalMed, PLLC.
