1155646 BC Ltd. dba RentalZip

1155646 B.C. Ltd., operating as RentalZip, filed an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on August 20, 2024, with Grant Thornton Limited appointed trustee of the British Columbia estate, court file 11-3118032. The sworn Statement of Affairs, as at August 19, 2024, estimated the assets to produce $4,247,932, against a book value per management of $4,280,361, and listed unsecured claims of approximately $137,920; the trustee has since received five unsecured proofs of claim totalling approximately $205,061.25. Secured claims are held largely by equipment and vehicle financiers with PPSA registrations, the largest being Inland Finance Ltd. and Inland Industries Ltd. Pension Plan at $914,511.77, John Deere Financial Inc. at $631,170.88 and Mitsubishi HC Capital Canada Leasing at $613,057.02. Service Canada's WEPP super-priority is estimated at approximately $10,000, and CRA has an identified payroll source deduction claim of $7,993.63. The estate remains active.