Proceedings.

Iron Nation Fitness Corp.

Follow
Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
11-3385787
Filings held3
Last activity18 Jun 2026
On the record101 days
Secured debt$1
OverviewSummary updated

Iron Nation Fitness Corp. made a voluntary assignment in bankruptcy on June 12, 2026, commencing a proceeding under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia. A court officer report filed the same day records the assignment. The matter is active, and the record carries nothing beyond commencement: no trustee named, no statement of affairs figures, no creditors' meeting date, and no realization or distribution particulars. What is known of the case at this point is the date of the assignment, its voluntary character, and the court in which the proceeding sits.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates3 dated entries
Parties

Debtor

Iron Nation Fitness Corp.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredRBC LeaselineRecreational equipment - gym equipment (List of Assets item no. 901), total value of interest $1.00, estimated realizable value $1.00 — Claim bifurcated secured/unsecured per Statement of Affairs (Form 78); secured portion limited to value of security asset (901); balance of $1,050,015.58 reported as unsecured; total claim $1,050,016.58 — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$1Creditors Package
8UnsecuredRBC LeaselineUnsecured portion of a bifurcated secured/unsecured claim; secured portion of $1.00 reported separately against asset item 901; total claim $1,050,016.58; debt given/incurred 2026-06-09 — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$1.05MCreditors Package
8UnsecuredPawa Holdings Ltd.debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$500KCreditors Package
8UnsecuredBusiness Development Bank of Canada · in 241 casesdebtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$500KCreditors Package
8UnsecuredCassels Brock LLP · in 2 casesdebtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$155KCreditors Package
8UnsecuredRBC Royal Bank c/o Bankruptcy Highway.com · in 6 casesDebt given/incurred 2026-06-09 — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$27.5KCreditors Package
8UnsecuredCRA - GST/HST (Vancouver, Attn: Pacific Insolvency Intake Centre) · in 10 casesCRA claim (GST/HST); may fall within deemed-trust class though not designated as priority in this filing — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$1.77KCreditors Package
8UnsecuredRobert and Norma Lyn MckibbonIndividual creditors named directly in the list of liabilities — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$1Creditors Package
8UnsecuredCRA - Tax (Pacific) · in 4 casesCRA claim; may fall within deemed-trust class though not designated as priority in this filing — debtor: Iron Nation Fitness Corp. · as of 11 Jun 2026$1Creditors Package
Estate financialsReported figures — never derived
Total assets at filing$1
Total liabilities at filing$2.23M

As at 11 Jun 2026 · per Statement of Affairs as stated and estimated by bankrupt/debtor · Iron Nation Fitness Corp. (single entity) — Reported deficiency of $2,234,267.02; total liabilities comprise secured creditors $1.00, preferred creditors/priorities $0.00, unsecured creditors $2,234,267.02, and contingent/trust claims $0.00

Documents3 filings
DateDocumentFile
Trustees Preliminary Report to Creditors
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 12 June 2026
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • + 5 more extracted facts
PDF
Creditors Package
  • Financial position Assets $1 · Liabilities $2.23M · as at 11 Jun 2026 · per Statement of Affairs as stated and estimated by bankrupt/debtor · Iron Nation Fitness Corp. (single entity) — Reported deficiency of $2,234,267.02; total liabilities comprise secured creditors $1.00, preferred creditors/priorities $0.00, unsecured creditors $2,234,267.02, and contingent/trust claims $0.00
  • Secured creditors $1 · Note: Claim bifurcated secured/unsecured per Statement of Affairs (Form 78); secured portion limited to value of security asset (901); balance of $1,050,015.58 reported as unsecured; total claim $1,050,016.58 · Page: 4 · As of: 2026-06-11 · Debtor: Iron Nation Fitness Corp. · Creditor: RBC Leaseline · Security: Recreational equipment - gym equipment (List of Assets item no. 901), total value of interest $1.00, estimated realizable value $1.00
  • Unsecured creditors $1.05M · Note: Unsecured portion of a bifurcated secured/unsecured claim; secured portion of $1.00 reported separately against asset item 901; total claim $1,050,016.58; debt given/incurred 2026-06-09 · Page: 4 · As of: 2026-06-11 · Basis: Statement of Affairs as stated and estimated by bankrupt/debtor · Debtor: Iron Nation Fitness Corp. · Creditor: RBC Leaseline
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 12 June 2026
  • Court file no 11-3385787
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Iron Nation Fitness Corp.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/iron-nation-fitness-corp

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/iron-nation-fitness-corp

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.