Proceedings.

1000798451 Ontario Inc. Turtle Jacks

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-3402262
Filings held5
Last activity12 Aug 2026
On the record59 days
OverviewSummary updated

1000798451 Ontario Inc., also known as Turtle Jacks, became bankrupt under the BIA on July 24, 2026 at 13:09, under court file no. 32-3402262. The sworn Form 78 Statement of Affairs, estimated by the debtor as at that date, reports no assets and total liabilities of $323,726.28, all of it unsecured, with nil secured, preferred and contingent claims, leaving a stated deficiency of $323,726.28. The largest claim is $311,000.00 owed to RBC Royal Bank Visa, care of BankruptcyHighway.com, on account of a CSFBL loan, term loan, line of credit and credit card. Although the Exhibit A creditor mailing list types that claim as secured, the sworn statement records it under nature of liability "Other" with nothing in the secured column and no asset pledged against it. The estate remains open.

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Case updates5 dated entries
#Report

The officer filed report no. Trustee's Preliminary Report to Creditors on the Bankruptcy Administration. The Company, which operated a restaurant under the Turtle Jacks name, sold all of its remaining assets prior to bankruptcy and no longer operates any business; having no assets left, it filed an assignment in bankruptcy shortly after the sale closed. Court file 32-3402262.

Source: Trustee's Preliminary Report

#Report

Recorded the bankruptcy as occurring July 24, 2026 at 13:09 and filed the sworn Statement of Affairs showing no assets against $323,726.28 in liabilities.

Source: Certificate of Appointment

Parties

Debtor

1000798451 Ontario Inc. Turtle Jacks

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 3 named without a figure
Priority classCreditorAmountSource
UnsecuredRBC Royal Bank Visa c/o Bankruptcy Highway.com · in 7 casesDetails: 'CSFBL loan, Term loan, LOC, credit card'; classified by the debtor as fully unsecured (Secured column $0.00) despite bank-loan nature — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$311KNotice to Creditors
UnsecuredLinde Canada GasNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$3.86KNotice to Creditors
UnsecuredImperial Parking Canada Corporation - all branches · in 2 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$2.18KNotice to Creditors
UnsecuredCanadian Linen & Uniform Service - North York, ON · in 2 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$2KNotice to Creditors
Unsecured11554891 Canada Inc.Nature of liability: 'Other' - Franchisor — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$1.96KNotice to Creditors
UnsecuredThe Beer store · in 4 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$1.41KNotice to Creditors
UnsecuredCitron Hygiene · in 4 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$1.32KNotice to Creditors
UnsecuredCRA - GST/HST - Jonquiere (Quebec Insolvency Intake Centre) · in 12 casesAmount marked as 'Placeholder (values on this line are for notification only)' - actual balance not quantified; account nos RC001/RT0001/RP0001; potential deemed-trust class claim — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$0Notice to Creditors
UnsecuredDream LandlordNature of liability: 'Owed rent' - landlord claim; amount marked as 'Placeholder (values on this line are for notification only)' - actual balance not quantified — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$0Notice to Creditors
UnsecuredMTY franchisorAmount marked as 'Placeholder (values on this line are for notification only)' - actual balance not quantified — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026$0Notice to Creditors
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 12 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee's Preliminary Report · 12 Aug 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$0
Total liabilities at filing$324K

As at 24 Jul 2026 · per estimated by bankrupt/debtor (Form 78 Statement of Affairs, sworn) · entity - 1000798451 Ontario Inc. (AKA Turtle Jacks) — Form 78 Statement of Affairs states 'Secured creditors' = $0.00 and the sworn List of Liabilities shows the Secured column total as $0.00 for all listed claims (Total unsecured $323,726.28; secured $0.00; preferred $0.00; contingent $0.00; total liabilities $323,726.28), producing a stated deficiency of $323,726.28 against total assets of $0.00. Note: the creditor mailing list (Exhibit A) labels RBC Royal Bank Visa c/o BankruptcyHighway.com as a 'Secured' creditor type, but the sworn Statement of Affairs reports its $311,000.00 claim (CSFBL loan, Term loan, LOC, credit card) under nature of li

Documents5 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 24 July 2026
  • Court file no 32-3402262
  • + 6 more extracted facts
PDF
Tear SheetPDF
Affidavit of Mailing
  • Commencement date 24 July 2026
  • Court file no 32-3402262
  • Financial position Assets $0 · Liabilities $324K · as at 24 Jul 2026 · per estimated by bankrupt/debtor (Form 78 Statement of Affairs, sworn) · entity - 1000798451 Ontario Inc. (AKA Turtle Jacks) — Form 78 Statement of Affairs states 'Secured creditors' = $0.00 and the sworn List of Liabilities shows the Secured column total as $0.00 for all listed claims (Total unsecured $323,726.28; secured $0.00; preferred $0.00; contingent $0.00; total liabilities $323,726.28), producing a stated deficiency of $323,726.28 against total assets of $0.00. Note: the creditor mailing list (Exhibit A) labels RBC Royal Bank Visa c/o BankruptcyHighway.com as a 'Secured' creditor type, but the sworn Statement of Affairs reports its $311,000.00 claim (CSFBL loan, Term loan, LOC, credit card) under nature of liability 'Other' with $0.00 in the Secured column and no asset listed as securing the liability; per the sworn evidence this claim is treated as unsecured.
  • Province ONTARIO
  • + 1 more extracted fact
PDF
Notice to Creditors
  • Commencement date 24 July 2026
  • Court file no 32-3402262
  • Financial position Assets $0 · Liabilities $324K · as at 24 Jul 2026 · per Statement of Affairs (Form 78) - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · Entity-level: 1000798451 Ontario Inc. (AKA Turtle Jacks) — Statement of Affairs reports secured creditors as $0.00 (line 1), i.e., no secured creditors were identified by the bankrupt/debtor; deficiency of $323,726.28 (liabilities exceed assets, which are stated as nil).
  • Province Ontario
  • + 2 more extracted facts
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 24 July 2026
  • Court file no 32-3402262
  • + 2 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1000798451 Ontario Inc. Turtle Jacks” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1000798451-ontario-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1000798451-ontario-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.