It Is Well Healthcare, LLC has filed for Chapter 11 bankruptcy in the Northern District of Georgia to restructure its finances while continuing operations. The company filed the case on October 9 under docket 3:25-bk-11533.
It Is Well Healthcare Enters Chapter 11 to Restructure Finances
Based in Dallas and Tallapoosa, Georgia, It Is Well Healthcare provides primary care and aesthetic services, including medical spa treatments.
According to Pacermonitor, attorney J. Nevin Smith of Smith Conerly LLP filed the Chapter 11 petition for It Is Well Healthcare, officially starting the company’s reorganization.
Along with the petition, the firm filed Small Business Financial Statements, including a Balance Sheet, Statement of Operations, and Federal Income Tax Return. The court has set a few key deadlines for the case.
Key deadlines include the appointment of a Health Care Ombudsman by November 10, 2025, and submission of the Chapter 11 Plan and Disclosure Statement by February 6, 2026.
The 341 meeting, scheduled for November 14, 2025, will be held via phone, giving creditors a chance to review finances and discuss claims.
Several motions filed by It Is Well Healthcare indicate the company’s immediate operational priorities. A motion to approve the use of cash collateral seeks permission to use funds that are otherwise secured by creditors, ensuring liquidity to support ongoing operations.
The court set deadlines for the company to submit key financial documents. A cash flow statement is due by October 16, 2025, followed by schedules of assets and liabilities, corporate resolutions, and lists of equity holders by October 23. These filings will give creditors a clear view of the company’s finances.
The company’s Chapter 11 plan and disclosure statement are scheduled for submission by February 6, 2026. The company has submitted financial documents, but specific asset and liability amounts have not been disclosed. These figures will be critical to understanding its restructuring plan.
