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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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.
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.
stated amounts, drawn to scale · 3 named without a figure
Priority class
Creditor
Amount
Source
Unsecured
RBC 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
$311K
Notice to Creditors
Unsecured
Linde Canada GasNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026
11554891 Canada Inc.Nature of liability: 'Other' - Franchisor — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026
$1.96K
Notice to Creditors
Unsecured
The Beer store · in 4 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026
$1.41K
Notice to Creditors
Unsecured
Citron Hygiene · in 4 casesNature of liability: 'Other' - accounts payable (AP) — debtor: 1000798451 Ontario Inc. (AKA Turtle Jacks) · as of 24 Jul 2026
$1.32K
Notice to Creditors
Unsecured
CRA - 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
$0
Notice to Creditors
Unsecured
Dream 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
$0
Notice to Creditors
Unsecured
MTY 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
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
Financial positionAssets $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.
Financial positionAssets $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).
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1000798451-ontario-inc
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