What Does SmileDirectClub’s Bankruptcy Mean for You?

January 8, 2024

Petition for bankruptcySmileDirectClub quickly soared in popularity, offering a convenient and affordable solution to fix bite and alignment issues. Despite the serious risks of mail-order aligners, you might have chosen SmileDirectClub to improve your smile. Have you heard that the company has filed for bankruptcy and is shutting down? If you’re left high and dry, don’t panic! Your cosmetic dentist can help you through the remainder of your treatment without any unnecessary risks. 

SmileDirectClub Declares Bankruptcy

SmileDirectClub has served over 2 million people since opening for business in 2014. They became a popular solution for clear aligners because of their affordability and convenience. The aligners are shipped directly to consumers, without ever seeing a dentist. 

By 2019, SmileDirectClub began trading in the stock market when the company was valued at $8.9 billion. However, their stock has plummeted year after year. By 2022, SmileDirectClub had lost over $86.4 million. Despite their marketing angle, pushback in the dental industry and customer legal battles made it difficult to get ahead. 

SmileDirectClub ended September 2023 with $900 million in debt, which led to the decision to shut their doors. The company announced that its telehealth aligner services are no longer available. This puts customers in a bind, especially if an issue arises. 

Invest in a Clear Aligner Expert 

Although SmileDirectClub markets their aligners as safe, DIY orthodontics can lead to irreversible damage, including tooth loss. The company filing for bankruptcy can be a blessing in disguise because you could be saving yourself from serious complications.

Moving teeth requires art and science to ensure there is a balance between the upper and lower arches. The slightest error can have significant consequences for your dental health and functions. Issues can be undetected until they turn into a big problem because you never see a dentist when using mail-order aligners.

Now that SmileDirectClub is shutting down its operations, it’s time to see a cosmetic dentist. They’ll examine your mouth to ensure the at-home treatment hasn’t caused any damage to your pearly whites. They’ll create a personalized plan to help you finish your treatment without any complications. You’ll check in with your dentist every few weeks, so they can monitor your progression. If they find anything concerning, they will intervene quickly to keep your treatment on track. 

About Dr. Les Latner

Dr. Latner earned his dental degree from the Washington University School of Dental Medicine and completed a 2-year residency in pediatric dentistry. He has regularly continued his training in various specialties, like Invisalign and cosmetic dentistry. He is a proud member of several professional organizations, including the American Academy of Cosmetic Dentistry. Request an appointment through his website or call his office at (310) 970-7987.