{"id":168089,"date":"2026-02-25T05:50:10","date_gmt":"2026-02-25T05:50:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/168089\/"},"modified":"2026-02-25T05:50:10","modified_gmt":"2026-02-25T05:50:10","slug":"st-petersburg-medical-spa-files-for-chapter-11-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/168089\/","title":{"rendered":"St. Petersburg Medical Spa Files for Chapter 11 Bankruptcy"},"content":{"rendered":"<p>Modern Medical Aesthetics, LLC has formally entered bankruptcy proceedings. Court filings indicate the company plans to remain open and continue operating during the restructuring process.<\/p>\n<p>Modern Medical Aesthetics, LLC Seeks Bankruptcy Protection<\/p>\n<p>Modern Medical Aesthetics, LLC filed a voluntary Chapter 11 petition on February 23, according to the latest court records available on <a href=\"https:\/\/pacer.uscourts.gov\/\" target=\"_blank\" rel=\"nofollow noopener\">PACER<\/a>. The petition classifies the company as a healthcare business under federal bankruptcy code.<\/p>\n<p>The medical spa has been further classified as a \u201csmall business debtor\u201d in the <a href=\"https:\/\/www.flmb.uscourts.gov\/\" target=\"_blank\" rel=\"nofollow noopener\">U.S. Bankruptcy Court for the Middle District of Florida<\/a>. Court documents also designate the company as a small business debtor, allowing it to proceed under Subchapter V of Chapter 11.<\/p>\n<p>Company Background<\/p>\n<p>Modern Medical Aesthetics, LLC offers a range of medical aesthetics and wellness services at its location based in St. Petersburg, Florida.<\/p>\n<p>Led by owner Tawney Chapman and medical director Eric Khairalla, the medical spa\u2019s services include injectables like Botox treatments, body contouring, laser treatments, hair restoration, weight loss, and more.<\/p>\n<p>The company <a href=\"https:\/\/modernmedicalfl.com\/\" target=\"_blank\" rel=\"nofollow noopener\">website<\/a>\u00a0shows that another highlight offering at Modern Medical Aesthetics, LLC is its wellness category for men and women involving hormone therapy.<\/p>\n<p>Case Related Details<\/p>\n<p>According to case filings, Tawney Chapman is the authorized representative for Modern Medical Aesthetics, LLC. The records state that attorney Jake C. Blanchard of Blanchard Law, P.A., is representing the healthcare business in the case. Additional information related to the <a href=\"https:\/\/www.uscourts.gov\/court-programs\/bankruptcy\/bankruptcy-basics\/chapter-11-bankruptcy-basics\" target=\"_blank\" rel=\"nofollow noopener\">Chapter 11<\/a> petition is:<\/p>\n<p>Filing Date:\u00a0February 23, 2026<br \/>\nCourt and Jurisdiction:\u00a0U.S. Bankruptcy Court for the Middle District of Florida<br \/>\nType of Filing:\u00a0Active, Voluntary Petition, Subchapter V<br \/>\nChapter:\u00a011<br \/>\nCase Number:\u00a08:26-bk-01368-CPM<br \/>\nEstimated Assets:\u00a0$100,001 \u2013 $500,000<br \/>\nEstimated Liabilities:\u00a0$100,001 \u2013 $500,000<br \/>\nReason for Filing:\u00a0Restructure business under court supervision<\/p>\n<p>As of now, Modern Medical Aesthetics, LLC owes roughly 49 creditors in total. A list of creditors who have the 20 largest unsecured claims and are not insiders was submitted in the court. Some of these include BizFund, Jack Olmstead, and Medshift. Court filings indicate that funds will be available for distribution to the unsecured creditors.<\/p>\n<p>Other documents submitted by attorney Jake C. Blanchard, on behalf of Modern Medical Aesthetics, LLC, were a summary of assets and liabilities, a list of equity security holders, and a verification of creditor matrix. Schedules A\/B, D, E\/F, and H were submitted as well.<\/p>\n<p>As proceedings continue for Modern Medical Aesthetics, LLC, the company is set to develop a reorganization plan that addresses creditor claims and supports its future course of business.<\/p>\n","protected":false},"excerpt":{"rendered":"Modern Medical Aesthetics, LLC has formally entered bankruptcy proceedings. Court filings indicate the company plans to remain open&hellip;\n","protected":false},"author":2,"featured_media":168090,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-168089","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/168089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=168089"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/168089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/168090"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=168089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=168089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=168089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}