ThreeHealth, Inc has filed for bankruptcy through a Chapter 11 filing. The move is aimed at restructuring the company’s finances. The company expects to continue operating as usual during the court-supervised restructuring.
ThreeHealth, Inc Enters Chapter 11 Bankruptcy
ThreeHealth, Inc submitted a voluntary Chapter 11 petition on February 24, latest case details on PACER show. The proceedings of the medical weight loss and hormone therapy provider are taking place in the U.S. Bankruptcy Court for the Western District of Washington.
As this is a Chapter 11 filing, the proceedings would typically involve a restructuring of the debts of ThreeHealth, Inc, not the liquidation of assets. This is what allows the Lynnwood, Washington-based company to stop an operational shutdown under court guidance.
Court filings further highlight that ThreeHealth, Inc qualifies to be a “small business debtor” pursuant to 11 U.S.C. § 101(51D), and chooses to
proceed under Subchapter V of Chapter 11.
Company Background
ThreeHealth, Inc offers specialized treatments in cardiometabolic disorders, lifestyle medicine, hormone optimization, diabetes reversal, behavioral health, and other areas, delivered by licensed professionals and medical providers.
According to its website, the company operates two Washington locations, in Lynnwood and Bellingham, under the leadership of Medical Director Brandy Wiltermuth.
ThreeHealth, Inc currently focuses on obesity medicine, Type 2 diabetes reversal, post bariatric surgical care, metabolic disease, binge eating, sugar addiction, nutrition, fat loss, Keto, weight loss, intermittent fasting, lipid disorders, medical weight loss, and more areas.
Case Related Details
Filing details state that attorney Thomas D. Neeleman of Neeleman Law Group, P.C., is representing the Lynnwood, Washington-based company. Brandy Wiltermuth is the authorized representative of the company.
Further information, including filings made and other crucial notable points of the Chapter 11 petition are:
- Filing Date: February 24, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Western District of Washington
- Type of Filing: Active, Voluntary Petition, Subchapter V
- Chapter: 11
- Case Number: 26-10561
- Estimated Assets: $100,001-$500,000
- Estimated Liabilities: $1,000,001-$10 million
- Reason for Filing: Restructure business under court supervision
As of now, ThreeHealth, Inc owes roughly 49 creditors in total. Court filings indicate that funds will be available for distribution to the unsecured creditors.
Some of the unsecured creditors of the Lynnwood-based company, as listed in the petition, include SBA Seattle District Office, Stearns Bank NA, US Bank, Stripe Capital Program, Just Better Brands, and Bank of America.
Other documents submitted by ThreeHealth, Inc included a summary of assets and liabilities, a statement of financial affairs, a disclosure of compensation of attorney, a list of equity security holders, a verification of creditor matrix, and a corporate ownership statement.
Schedules A/B, D, E/F, G, and H were filed as well.
ThreeHealth, Inc’s Chapter 11 filing underscores a well-thought-out effort to restructure its debts while continuing operations at its Washington locations. Once successful, the reorganization could allow the medical weight loss and hormone therapy provider to stabilize finances and maintain services for its patients.
