#Claims
Goldhar & Associates Ltd. was appointed trustee of the estate on 18 February 2026.
Source: Notice of Bankruptcy and First Meeting of Creditor including the Creditors package
Banqpay International Corporation
FollowActive
- Proceeding
- Bankruptcysubsection 102(1) of the Act
- File
- 31-3334884
Filings held1
Last activity18 Feb 2026
On the record215 days
Secured debt$5.54K
OverviewSummary updated
Banqpay International Corporation became bankrupt on 18 February 2026 under subsection 102(1) of the Act, with Goldhar & Associates Ltd. as trustee (estate no. 31-3334884, Ontario). Its statement of affairs, as at 19 January 2026, reported total assets of $5,541.75 against total liabilities of $341,843.24, a stated deficiency of $336,301.49. RBC Royal Bank held a claim of $205,778.56, of which $5,541.75 was secured and $200,236.81 unsecured. Other unsecured claims included $58,700.34 to TD Canada Trust and $43,387.00 owed to shareholder Yelena Grouzman. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Banqpay International Corporation
Trustee in bankruptcy
Goldhar & Associates
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | RBC Royal Bank / Banque Royale · in 56 casesas of 18 February 2026 (date of bankruptcy) — Business loan; director guarantee of $87,500.00 noted — Total claim of $205,778.56 comprised of $200,236.81 unsecured and $5,541.75 secured, per Statement of Affairs; estimated deficiency of -$200,236.81 shown against asset securing liability valued at $101,102.50; director guarantee is a personal guarantee (related party guarantor noted separately) — debtor: Banqpay International Corporation | $5.54K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | RBC Royal Bank / Banque Royale · in 56 casesas of 24-Jul-2020 (date given/incurred) — Business loan (bank loans except real property mortgage); total claim $205,778.56 also includes $5,541.75 secured portion (see secured entry); director guarantee of $87,500.00 noted — debtor: Banqpay International Corporation | $200K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | TD Canada Trust c/o FCT Default Solutions · in 53 casesas of 18 February 2026 (date of bankruptcy) — Business loan — debtor: Banqpay International Corporation | $58.7K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | Yelena Grouzmanas of 18 February 2026 (date of bankruptcy) — Shareholder loan; related party (shareholder) — debtor: Banqpay International Corporation | $43.4K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | RBC Royal Bank Visa (credit card) · in 24 casesas of 18 February 2026 (date of bankruptcy) — Credit card — debtor: Banqpay International Corporation | $30.1K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | CRA - Tax - Ontario (GST/HST) · in 252 casesas of 18 February 2026 (date of bankruptcy) — GST/HST, deemed trust class quasi-governmental claim — debtor: Banqpay International Corporation | $2.05K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | FDR TD Canada Trust Overdraft c/o Bankruptcy Highway.comas of 18 February 2026 (date of bankruptcy) — Finance company loan — debtor: Banqpay International Corporation | $1.77K | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | TD Canada Trust Visa c/o FCT Default Solutions · in 36 casesas of 18 February 2026 (date of bankruptcy) — Credit card — debtor: Banqpay International Corporation | $14 | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | CRA - Tax - Ontario (Payroll) · in 252 casesas of 18 February 2026 (date of bankruptcy) — Payroll source deductions, deemed trust class quasi-governmental claim — debtor: Banqpay International Corporation | $1 | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | Export Development Canada · in 99 casesas of 18 February 2026 (date of bankruptcy) — CEBA loan — debtor: Banqpay International Corporation | $1 | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | CRA - Tax - Ontario (Corporate taxes) · in 252 casesas of 18 February 2026 (date of bankruptcy) — Corporate taxes — debtor: Banqpay International Corporation | $1 | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
| 8 | Unsecured | Workplace Safety and Insurance Board · in 164 casesas of 18 February 2026 (date of bankruptcy) — Employee insurance — debtor: Banqpay International Corporation | $1 | Notice of Bankruptcy and First Meeting of Creditor including the Creditors package |
Estate financialsReported figures — never derived
Total assets at filing$5.54K
Total liabilities at filing$342K
As at 19 Jan 2026 · per Statement of Affairs as stated and estimated by bankrupt/debtor · entity - Banqpay International Corporation — Total secured creditors $5,541.75; preferred creditors/priorities $0.00; unsecured creditors $336,301.49; contingent/trust claims $0.00; resulting deficiency of $336,301.49 stated on the Statement of Affairs
Documents1 filing
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and First Meeting of Creditor including the Creditors package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Banqpay International Corporation” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/banqpay-international-corporation