N & S Fit Palace Corporation

N & S Fit Palace Corporation, a British Columbia company, filed an assignment in bankruptcy on August 5, 2022 under section 49 of the Bankruptcy and Insolvency Act, with The Bowra Group Inc. as trustee under estate number 11-2853728. Its Statement of Affairs, as at July 25, 2022, put total assets at $46,500.00 against total liabilities of $2,610,012.00, a reported deficiency of $2,563,512.00, with secured creditors on list "B" stated as 0.00. The creditor mailing list is dominated by a $2,500,000.00 unsecured claim of Shu Min Wu c/o BMO Trust Company, followed by $60,000.00 under the Canada Emergency Business Account with BMO, $45,000.00 for prepaid personal training sessions and $5,000.00 owing to BMW Canada Inc. The estate remains open.