Ontario · Bankruptcy
Preliminary Report
Court officer report · 3 April 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- financial positionnote: Document states Mindspace has no remaining assets as of the Date of Bankruptcy (March 13, 2025). Total liabilities not stated; Statement of Affairs lists nine unsecured creditors with potential provable claims totalling $246,380.23, which is not given as a total liabilities figure. · as at: 2025-03-13 · basis: Statement of Affairs, as summarized in the Trustee's report · scope: Mindspace Services Inc. (single entity) · currency: CAD
- operational summaryMindspace's two Montreal clinics ceased operations in June 2024 with assets transferred to a third party, and the company was assigned into bankruptcy on March 13, 2025; it has no remaining assets and the Trustee expects no realizations or distributions to creditors.
- recovery outcomeentries: basis: estimated · quote: The Trustee expects that there will be no realizations and, therefore, no distributions to the creditors of Mindspace. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: creditors of Mindspace · claims amount: 246380.23 · interim final: unstated · claims qualifier: listed · stated on: 2025-04-03 · table missing:
- report date3 April 2025