TK Entretiens Ménager Inc.

TK Entretiens Ménager Inc. has been in bankruptcy under the Loi sur la faillite et l'insolvabilité since 8 November 2019, with MNP Ltée acting as syndic and the file carried in the Superior Court of Québec as no. 505-11-016176-195. The statutory statement of affairs declares assets of $20,000 at book value, none of it realized to date, against liabilities of $278,995. Secured claims comprise a $15,000 movable hypothec held by Presse Café Franchise Restaurant Inc. over restaurant equipment, a $1 hypothec held by 9313-0615 Québec Inc. sharing in that equipment, and a $500 Econolease Financial Services Inc. lease over outdoor chairs. Preferred claims are $3,304 for employees, to be liquidated by Service Canada, and $1 for the landlord. Unsecured claims total $260,189, of which $2,018 has been received. The syndic states realization is expected to fall short of the secured debts, with no dividend anticipated for unsecured creditors.