VLS Group Inc.
- Proceeding
- Bankruptcysubsection 102(1) of the Act
- File
- 32-3205425
VLS Group Inc. is in insolvency proceedings of an unspecified type. A Statement of Affairs as at March 31, 2025 reports total assets of $0.00 against total liabilities of $533,653.57, yielding a stated deficiency of $533,653.57. Secured creditors and preferred creditors, securities, and priorities are both listed at $0.00. Unsecured claims total $533,653.57 and include Canada Revenue Agency deemed-trust amounts for HST ($96,566.28) and payroll source deductions ($5,410.53), RBC Royal Bank loan and Visa balances, and numerous trade suppliers, a utility, and legal creditors. The figures are as stated and estimated by the debtor, with no secured creditors listed on the record.
Debtor
VLS Group Inc.
Trustee in bankruptcy
Schwartz Levitsky Feldman Inc.
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Ontario (Payroll) · in 259 casesCorporate taxes (Payroll source deductions); deemed trust class per CRA priority — debtor: VLS Group Inc. · as of 31 Mar 2025 | $5.41K | Notice to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
29 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Notice to Creditors
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “VLS Group Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/vls-group-inc