Cash Advance Funders Sue Summer Camp Owners In Ch. 11

By Hilary Russ · August 26, 2026, 8:16 PM EDT

A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already...

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Case Information

Case Title

Michael Aaron Shabsels

Case Number

3:26-bk-16529

Court

New Jersey

Nature of Suit

Date Filed

June 04, 2026


Case Title

David Arthur Shabsels

Case Number

3:26-bk-16530

Court

New Jersey

Nature of Suit

Date Filed

June 04, 2026


Case Title

DAMIS Holdings LLC

Case Number

3:26-bk-16439

Court

New Jersey

Nature of Suit

Date Filed

June 04, 2026