Proceedings.

7555539 Canada inc.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
33-2659975
Filings held1
Last activity28 Jul 2020
On the record2,297 days
OverviewSummary updated

7555539 Canada inc., which operated as Plumbing Village, filed an assignment in bankruptcy on 23 July 2020, with Raymond Chabot Inc. as trustee. The matter proceeds in Ontario under court file 33-2659975 and remains active. In its statement of affairs the company reported total assets of $17,000.00 against total liabilities of $198,643.27, a deficiency of $181,643.27. The largest unsecured claim is The Rideau Group Inc. at $81,790.05, followed by the Canada Revenue Agency at $29,277.04; the Canada Revenue Agency also holds a secured claim of $50,391.75 for source deductions.

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Case updates1 dated entry
Parties

Debtor

7555539 Canada inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Agence du revenu du Canada (ON-NB) · in 796 casesDAS (source deductions) — Listed as secured creditor in Statement of Affairs List B; deemed trust / source deductions claim — debtor: 7555539 Canada Inc. o/a Plumbing Village · as of 23 Jul 2020$50.4K7555539 Canada inc._Avis de faillite
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

15 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents1 filing
DateDocumentFile
7555539 Canada inc._Avis de faillite
  • Appointee Raymond Chabot Inc.
  • Appointee role trustee
  • Commencement date 23 July 2020
  • Court file no 33-2659975
  • + 4 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “7555539 Canada inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/7555539-canada-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/7555539-canada-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.