British Columbia · Bankruptcy
Trustee's Report to Creditors dated May 26, 2026
Court officer report · 26 May 2026
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What we verified from this filing13 verified
- applicantRoyal Bank of Canada
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date5 May 2026
- court file no11-255058
- provinceBRITISH COLUMBIA
- financial positionnote: Gross realizable value of tangible assets approximately $10,000; Trustee concluded realization costs would equal or exceed gross recoveries resulting in no economic benefit, and abandoned all assets · page: 2 · as at: 2026-05-05 · basis: Trustee's preliminary assessment, gross realizable value estimate, unaudited · scope: Ben's Appliances Sales & Services Ltd. (entity level; tangible assets at Premises only) · currency: CAD · total assets: 10000
- secured creditorsnote: Related party (owner of leased Premises), not the bankrupt entity; foreclosure ongoing; amount not stated · page: 2 · debtor: B.A.M. Holdings Inc. · creditor: Business Development Bank (BDC) · currency: CAD · security: Mortgage on Premises
- secured creditorsnote: Amount not stated in PPSA search · page: 3 · as of: 2026-05-05 · debtor: Ben's Appliances Sales & Services Ltd. · creditor: Province of British Columbia · currency: CAD · security: Provincial Sales Tax
- secured creditorsnote: Petitioning creditor; amount not stated in PPSA search · page: 3 · as of: 2026-05-05 · debtor: Ben's Appliances Sales & Services Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: GSA
- secured creditorsnote: Amount not stated in PPSA search · page: 3 · as of: 2026-05-05 · debtor: Ben's Appliances Sales & Services Ltd. · creditor: Wells Fargo Capital Finance Corporation Canada · currency: CAD · security: GSA
- secured creditorsnote: Blanket all-property registrant; amount not stated in PPSA search · page: 3 · as of: 2026-05-05 · debtor: Ben's Appliances Sales & Services Ltd. · creditor: Cantrex Nationwide Group Inc./Groupe Cantrex Nationwide Inc. · currency: CAD · security: GSA
- unsecured creditorsnote: Amounts subject to change as claims process continues; no Proofs of Claim filed as at report date · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported: '0 creditors with claims totaling $nil' · amount: 0 · debtor: Ben's Appliances Sales & Services Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD