Proceedings.

Salon La Casa Ltd.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3084688
Filings held5
Last activity27 May 2024
On the record847 days
Secured debt$84K
OverviewSummary updated

Salon La Casa Ltd., a hair salon in Pickering, Ontario, became bankrupt on May 27, 2024 at 13:46 under section 49 of the Bankruptcy and Insolvency Act, with BDO Canada Limited as trustee under estate number 31-3084688. The Form 78 Statement of Affairs, sworn May 16, 2024 by William Tissert, states no assets at all — every asset line at $0.00 — against liabilities of $292,242.84, leaving a deficiency in the same amount. Secured claims total $154,833.39, held by Driven Financial Technologies Corporation ($84,000.00) and BMO Financial Group under HASCAP ($70,833.39), with the security valued at $0.00 so that both rank entirely as balance of claim. Unsecured claims of $137,409.45 include Business Development Bank of Canada at $57,333.19 and $56,394.18 under CEBA, KAO Canada Ltd at $12,000.00, three CRA accounts and the Workplace Safety and Insurance Board at $1,200.00. The proceeding is active.

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Case updates4 dated entries · 1 undated
#Report

Trustee's filing fixed the bankruptcy at May 27, 2024, 13:46, carrying the sworn Statement of Affairs showing $0.00 in assets against $292,242.84 of liabilities.

Source: Certificate of Appointment

#Claims

Date of bankruptcy recorded as May 27, 2024, fixing the reference date against which creditor claims in the estate are determined.

Source: Proof of Claim

#Filing

Salon La Casa Ltd. assigned its estate in bankruptcy, with BDO Canada Limited as trustee, and swore a Form 78 statement of affairs showing no assets against $292,242.84 of liabilities.

Source: Statement of Affairs

Undated filings1 — no date appears on the document · show
Claims

Proxy Meeting of creditors

PDF

Parties

Debtor

Salon La Casa Ltd.

Trustee in bankruptcy

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredDriven Financial Technologies Corporation · in 24 casesList “B”: estimated value of security $0.00; estimated surplus $0.00; balance of claim $84,000.00. The security itself is not described. — debtor: Salon La Casa Ltd. · as of 16 May 2024$84KStatement of Affairs
4SecuredBMO Financial Group (HASCAP) · in 18 casesList “B”: estimated value of security $0.00; estimated surplus $0.00; balance of claim $70,833.39. The security itself is not described. — debtor: Salon La Casa Ltd. · as of 16 May 2024$70.8KStatement of Affairs
8UnsecuredDriven Financial Technologies Corporation · in 24 casesList “A” shows unsecured claim $0.00 with balance of claim $84,000.00 — the shortfall of its List “B” secured claim, whose security is valued at $0.00. — debtor: Salon La Casa Ltd. · as of 16 May 2024$84KStatement of Affairs
8UnsecuredBMO Financial Group (HASCAP) · in 18 casesList “A” shows unsecured claim $0.00 with balance of claim $70,833.39 — the shortfall of its List “B” secured claim, whose security is valued at $0.00. — debtor: Salon La Casa Ltd. · as of 16 May 2024$70.8KStatement of Affairs
8UnsecuredBusiness Development Bank of Canada - Mississauga · in 6 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$57.3KStatement of Affairs
8UnsecuredBusiness Development Bank of Canada - Mississauga (CEBA) · in 6 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$56.4KStatement of Affairs
8UnsecuredKAO Canada Ltddebtor: Salon La Casa Ltd. · as of 16 May 2024$12KStatement of Affairs
8UnsecuredCRA - Tax - Ontario (83288 2674 RC0001) · in 252 casesCrown claim. — debtor: Salon La Casa Ltd. · as of 16 May 2024$3.22KStatement of Affairs
8UnsecuredCRA - Tax - Ontario (83288 2674 RT0001) · in 252 casesCrown claim. — debtor: Salon La Casa Ltd. · as of 16 May 2024$3.17KStatement of Affairs
8UnsecuredCanadian Linen & Uniform Service · in 36 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$1.8KStatement of Affairs
8UnsecuredManulife Financial · in 35 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$1.4KStatement of Affairs
8UnsecuredWorkplace Safety and Insurance Board · in 164 casesRegulatory claim. — debtor: Salon La Casa Ltd. · as of 16 May 2024$1.2KStatement of Affairs
8Unsecuredelexicon Energy (formerly Whitby Hydro Electric Corporation) · in 12 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$450Statement of Affairs
8UnsecuredEnbridge Gas Distribution - Ontario · in 54 casesdebtor: Salon La Casa Ltd. · as of 16 May 2024$400Statement of Affairs
8UnsecuredCRA - Tax - Ontario (83288 2674 RP0001) · in 252 casesCrown claim. — debtor: Salon La Casa Ltd. · as of 16 May 2024$44Statement of Affairs
8UnsecuredADP Canada Co. · in 16 casesThe stated amount of $1.00 is a placeholder, not a measured balance. — debtor: Salon La Casa Ltd. · as of 16 May 2024$1Statement of Affairs
Estate financialsReported figures — never derived
Total assets at filing$0
Total liabilities at filing$292K

As at 16 May 2024 · per Form 78 Statement of Affairs, as stated and estimated by the officer, sworn May 16, 2024. · Salon La Casa Ltd. (entity level) — A STATED NONE on assets: every asset line of the Form 78 is $0.00 and total assets are $0.00; deficiency $292,242.84. Liabilities: unsecured creditors $137,409.45; balance of secured claims $154,833.39 (security valued at $0.00); no preferred or contingent liabilities. Hair salon, Pickering, Ontario.

Documents5 filings
DateDocumentFile
Notice of Bankruptcy and FMOC
  • Appointee role trustee
  • Commencement date 27 May 2024
  • Court file no 31-3084688
  • Statutory basis Subsection 102(1) of the Act
PDF
Certificate of Appointment
  • Appointee BDO CANADA LIMITED / BDO CANADA LIMITÉE
  • Appointee role trustee
  • Commencement date 27 May 2024
  • Court file no 31-3084688
  • + 1 more extracted fact
PDF
Statement of Affairs
  • Commencement date 16 May 2024
  • Financial position Assets $0 · Liabilities $292K · as at 16 May 2024 · per Form 78 Statement of Affairs, as stated and estimated by the officer, sworn May 16, 2024. · Salon La Casa Ltd. (entity level) — A STATED NONE on assets: every asset line of the Form 78 is $0.00 and total assets are $0.00; deficiency $292,242.84. Liabilities: unsecured creditors $137,409.45; balance of secured claims $154,833.39 (security valued at $0.00); no preferred or contingent liabilities. Hair salon, Pickering, Ontario.
  • Secured creditors $84K · Page: 3 · As of: 2024-05-16 · Basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 16, 2024 by William Tissert; BDO Canada Limited trustee. List “A” columns unsecured claim / balance of claim / total claim, stated totals $137,409.45 / $154,833.39 / $292,242.84; List “B” secured claims $154,833.39 with estimated security value $0.00 (entire claims rank as balance). · Debtor: Salon La Casa Ltd. · Creditor: Driven Financial Technologies Corporation · Security: List “B”: estimated value of security $0.00; estimated surplus $0.00; balance of claim $84,000.00. The security itself is not described.
  • Statutory basis Subsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
  • + 1 more extracted fact
PDF
Proof of Claim
  • Commencement date 27 May 2024
  • Court file no 31-3084688
PDF
Proxy
  • Court file no 31-3084688
  • Province Ontario
PDF

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

CiteProceedings., “Salon La Casa Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/salon-la-casa-ltd

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/salon-la-casa-ltd

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.