#Claims
Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report — Meeting materials
12413906 Canada Inc. o/a AJ Concept Auto Modifications
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 31-2825069
Filings held2
Last activity17 May 2022
On the record1,608 days
Secured debt$289K
OverviewSummary updated
12413906 Canada Inc., operating as AJ Concept Auto Modifications, is bankrupt, its bankruptcy having commenced April 27, 2022, with Goldhar & Associates Ltd. as trustee under estate no. 31-2825069, in Ontario. The proceeding is active. The statement of affairs reported total liabilities of CAD 673,780.22, comprising CAD 337,037.22 secured and CAD 336,743.00 unsecured, against equipment and furniture appraised at a distress-sale value of approximately CAD 4,600.00. The Bank of Montreal held a secured claim under a PPSA-registered charge, listed at CAD 337,037.22 and admitted as filed at CAD 288,758.97, with a further CAD 20,000.00 admitted as an unsecured claim.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
#Claims
12413906 Canada Inc. became bankrupt on April 27, 2022, commencing the estate under Goldhar & Associates Ltd. as trustee.
Source: Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
Parties
Debtor
12413906 Canada Inc. o/a AJ Concept Auto Modifications
Trustee in bankruptcy
Goldhar & Associates
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (BMO Financial Group) · in 279 casesas of claim as filed, as at May 16, 2022 — PPSA registered charge (confirmed via PPSA search conducted April 11, 2022, file currency up to April 10, 2022); financed approximately $350,000 plus a $10,000 business Mastercard in 2020 — Statement of Affairs listed secured claim at $337,037.22; claim as filed and admitted for BMO's secured portion is $288,758.97. Trustee has not verified the claim. Portion of BMO's debt exceeding distress sale value of assets ($332,434.22) reflected as unsecured claim (see unsecured creditors). — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $289K | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | Bank of Montreal (BMO Financial Group) · in 279 casesas of claim as filed, as at May 16, 2022 — SOA amount for this unsecured claim was $332,434.22, representing the balance of BMO's secured claim exceeding the estimated distress sale value of available assets, reflected as unsecured plus a $20,000 business Mastercard; only $20,000 has been filed and admitted as a proof of claim. — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $20K | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | CRA - GST/HST - Sudbury · in 2 casesas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Deemed trust class (CRA GST/HST). — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $4.3K | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | Workplace Safety and Insurance Board · in 164 casesas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Nominal placeholder amount; regulatory claim. — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $1 | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | Ministry of Finance - Collections Branch, Non Tax Revenue Collections Unit · in 17 casesas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Nominal placeholder amount; regulatory/government claim. — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $1 | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | Jayce LLPas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Nominal placeholder amount. — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $1 | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | CRA - Tax - Ontario (706615879RC0001) · in 252 casesas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Nominal placeholder amount; deemed trust class (CRA). — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $1 | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | CRA - Tax - Ontario (706615879RP0001) · in 252 casesas of Statement of Affairs — No proof of claim filed; claim status 'Not proved'. Nominal placeholder amount; deemed trust class (CRA). — debtor: 12413906 Canada Inc. O/A AJ Concept Auto Modifications | $1 | Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report |
Estate financialsReported figures — never derived
Total assets at filing$4.6K
Total liabilities at filing$674K
As at 27 Apr 2022 · per SOA management estimate; trustee has not audited or verified information; equipment/furniture original cost $89,044 (equipment $83,394 + furniture/fixtures $5,650), distress sale value appraised at approximately $4,600 plus tax · entity - 12413906 Canada Inc. O/A AJ Concept Auto Modifications (bankrupt debtor) — Statement of Affairs total liabilities of $673,780.22 (secured $337,037.22 + unsecured $336,743.00); trustee advised nominal assets available and did not take possession; the trustee is not expressing an opinion as to accuracy of the information.
Documents2 filings
| Date | Document | File |
|---|---|---|
Minutes of the First Meeting of Creditors and Trustee’s Preliminary Report
| ||
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “12413906 Canada Inc. o/a AJ Concept Auto Modifications” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/12413906-canada-inc-o-a-aj-concept-auto-modifications