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Failed dental chain lists no assets, $3.6 million debt

November 29, 2011

A New York dental chain that closed offices in 13 states without warning late last year lists no assets and liabilities of $3.6 million in a bankruptcy filing.

Allcare Dental Management filed for Chapter 7 liquidation this month in U.S. Bankruptcy Court in Buffalo. The filing shows the suburban Buffalo-based company owns no real estate and has no cash on hand.

Allcare operated eight offices in Indiana, including one each in Indianapolis, Avon and Anderson.

The company also had offices in Illinois, Iowa, Ohio, New Hampshire, Massachusetts, Michigan, North Dakota, Nebraska, Pennsylvania, Tennessee, West Virginia and Wisconsin.

Allcare shut down all its offices at the end of December 2010, saying it had run out of money. The company said it couldn't warn patients because its phone system and computer network had been shut down by its network provider. Many patients have sued.

A creditors' meeting is scheduled for Dec. 12 in Buffalo.

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