Court officer's report filed, fixing the date and time of bankruptcy as April 23, 2021 at 12:59.
Source: Certificate of Appointment
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.
Court officer's report filed, fixing the date and time of bankruptcy as April 23, 2021 at 12:59.
Source: Certificate of Appointment
A claims process was approved, dated as of the April 23, 2021 commencement of the bankruptcy.
Debtor
Bernard Y. Chan Professional Corporation
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | CRA - Tax - Ontario (865 038 558 RT0001) · in 252 casesdeemed trust class (CRA) — debtor: Bernard Y. Chan Professional Corporation · as of 23 Apr 2021 | $43K | Notice of Bankruptcy and First Meeting of Creditors |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Certificate of Appointment
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| 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 20 September 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.