Canadian Professional Sales Association
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3170320
Canadian Professional Sales Association became bankrupt in Ontario at 11:22 on December 31, 2024, under estate number 31-3170320, and the proceeding remains active. The Statement of Affairs sworn by Nancy Tudorache, stated as at December 30, 2024, reports total assets of $29,106.96 against total liabilities of $52,459.23, leaving a deficiency of $23,352.27, with no secured creditors and no preferred or priority claims. The listed unsecured claims are a former employee claim by Bradley Foley of $38,745.50, Desire 2 Learn (D2L) Corporation at $10,690.98, LinkedIn Ireland Unlimited Company at $1,820.00, ArcherPoint Canada at $734.50, Jeffrey Wilson at $467.25 regarding a designation application package, and the Canada Revenue Agency at $1.00.
Certificate of Appointment was filed. Court file 31-3170320.
Source: Certificate of Appointment
Canadian Professional Sales Association — Bankruptcy filed, Ontario.
Source: Certificate of Appointment
Debtor
Canadian Professional Sales Association
Trustee in bankruptcy
Fuller Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 7 | Preferred (BIA s. 136) | Bradley FoleyFormer employee claim; nature of liability 'Other'; preferred/priority column shown as $0.00, so not treated as a preferred claim — debtor: Canadian Professional Sales Association · as of 30 Dec 2024 | $38.7K | Notice of Bankruptcy |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 1 class The stack holds Preferred (BIA s. 136) and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice of Bankruptcy
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “Canadian Professional Sales Association” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/canadian-professional-sales-association