Proceedings.

JMS Évolution inc.

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Active
Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
200-11-031128-260
Filings held1
Last activity18 Sep 2026
On the record5 days
Secured debtSubscribers
OverviewSummary updated

JMS Évolution inc. filed an assignment on September 18, 2026, and Raymond Chabot Inc. is acting as syndic in the Quebec bankruptcy, court file 200-11-031128-260, with the proceeding invoked under paragraphe 102(1) de la Loi. The Statement of Affairs (Form 78), as declared and estimated by the bankrupt as at September 17, 2026, shows total assets of $386,014.50 against total liabilities of $1,048,426.80 — $690,427.74 secured and $357,999.06 unsecured, with no preferred or priority claims — leaving a deficit of $662,412.30. Secured positions include Banque de Développement du Canada at $114,510.00 and Vault Credit Corporation at $75,000.00, both against inventory, receivables, leasehold improvements and equipment, plus serialized-vehicle financiers. The largest unsecured claim is a $500,000.00 line of credit with Caisse Desjardins de Charlesbourg, followed by Hilti Corporation at $90,931.16 and Electromag / Graybar Canada at $70,000.00. The matter remains active.

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Case updates1 dated entry
#Claims

JMS Évolution inc. filed an assignment, opening the bankruptcy under file 200-11-031128-260 with Raymond Chabot Inc. as syndic; the claims process was approved.

Source: Avis de la faillite

Parties

Debtor

JMS Évolution inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBanque de Développement du Canada · in 153 casesAssets 1-2-3-4-22-23-24 (inventory, avances, receivables, améliorations locatives, équipement informatique, équipement et outillage) — Loan no. 102361-04; contracted 2022-05; per Statement of Affairs (Form 78) — debtor: JMS Évolution inc. · as of 17 Sep 2026$115KAvis de la faillite

33 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents1 filing
DateDocumentFile
Avis de la faillite
  • Appointee Raymond Chabot Inc.
  • Appointee role syndic
  • Commencement date 18 September 2026
  • Court file no 200-11-031128-260
  • + 4 more extracted facts
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CiteProceedings., “JMS Évolution inc.” (Bankruptcy). Retrieved 22 September 2026, https://proceedings.ca/case/jms-evolution-inc

Sources last checked · summary updated 22 September 2026 · Report a correction · Printed from proceedings.ca/case/jms-evolution-inc

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.