Bankruptcy closes youth agency.TORONTO -- Youth Clinical Services declared bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most and closed its operations after more than 20 years of operation. The agency owes $300,000 to creditors. The agency that has been providing employment, personal and family counselling and other outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public. programs was forced to shut its doors. YCS YCS Yukon Conservation Society (Canada) YCS Yale Classical Studies YCS Youth Clinical Services (Toronto, Canada) YCS Yankee Computer Society had several offices in the North York North York Former city (pop., 2001: 608,288), southeastern Ontario, Canada. In 1998 it joined the cities of Etobicoke, Scarborough, Toronto, and York and the borough of East York to become the City of Toronto. North York became a borough in 1967 and a city in 1979. area and was seeking municipal approval for a youth shelter. The closing came without warning to the staff of 100 who found the doors closed to them. Employees were told the files would be passed on to other agencies. Cooper and Company is the bankruptcy trustee. Repeated attempts to contact the bankruptcy trustee were unsuccessful and messages were not returned as of press time. |
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