Proceedings.

Bernard Y. Chan Professional Corporation

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
33-2731589
Filings held2
Last activity23 Apr 2021
On the record2,024 days
OverviewSummary updated

Bernard Y. Chan Professional Corporation has been in bankruptcy in Ontario since April 23, 2021, with MNP Ltd. acting as trustee under court file no. 33-2731589 and the proceeding remaining active. The Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer as at the date of bankruptcy, shows nil total assets against total liabilities of $59,995.00, producing a reported deficiency of $59,995.00. No secured creditors are listed on List "B" and no preferred creditors on List "C", each shown at 0.00. The unsecured claims on List "A" are owed to the Canada Revenue Agency in the deemed trust class: $17,000.00 on account number 865 038 558 RC0001 and $42,995.00 on 865 038 558 RT0001. The bankruptcy proceeds under subsection 102(1) of the Act.

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Case updates2 dated entries
Parties

Debtor

Bernard Y. Chan Professional Corporation

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredCRA - Tax - Ontario (865 038 558 RT0001) · in 259 casesdeemed trust class (CRA) — debtor: Bernard Y. Chan Professional Corporation · as of 23 Apr 2021$43KNotice of Bankruptcy and First Meeting of Creditors
Unsecured

1 more claim in 1 class The stack holds 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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Documents2 filings
DateDocumentFile
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 23 April 2021
  • Court file no 33-2731589
  • + 1 more extracted fact
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 23 April 2021
  • Court file no 33-2731589
  • + 5 more extracted facts
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Bernard Y. Chan Professional Corporation” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/bernard-y-chan-professional-corporation

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/bernard-y-chan-professional-corporation

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.