218 Jerseyville Road, Brantford, Ontario (Receiver of)
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
218 Jerseyville Road, Brantford, Ontario has been the subject of a court-appointed receivership in the Ontario Superior Court of Justice under BIA s. 243 and provincial Judicature Act authority, commenced October 10, 2018, and now recorded as closed. The secured creditor behind the proceeding is Fisgard Capital Corporation, which stated in its Notice of Application that $781,979.22 was due as of July 26, 2018 under a Charge/Mortgage dated and registered July 20, 2017 as Instrument No. BC320787 against Islam Jassem, also known as Islam Hammadi Jassem. That instrument was registered under the incorrect name "Jassam" and advanced original principal of $780,000 at 8.4% compounded monthly, supported by a General Assignment of Rents, a Promissory Note dated July 19, 2017, and a guarantee from Asia Kazem of the same date.
Receiver’s Certificate regarding real estate dated January 28, 2019 — Court officer certificate
Motion Record of Receiver dated December 21, 2018 (returnable January 15, 2019) — Application / notice of application
Motion Record of Fisgard Capital Corporation, returnable October 10, 2018 — Application / notice of application
Application Record of Fisgard Capital Corporation, Returnable August 13, 2018 — Application / notice of application
Debtor
File Documents
Receiver
Albert Gelman
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Fisgard Capital CorporationCharge/Mortgage dated July 20, 2017, registered July 20, 2017 as Instrument No. BC320787 (registered under incorrect name 'Jassam'), original principal advanced $780,000 at 8.4% compounded monthly; together with General Assignment of Rents (Instrument No. SC1468521/BC321008); also secured by Promissory Note dated July 19, 2017 — Amount stated in Notice of Application as sum due under Charge/Mortgage as of July 26, 2018; prior stated balance was $795,327.64 total owing per Notice of Sale as of January 10, 2018 (with principal $785,461.80 as at December 15, 2017), and $788,732.03 per demand lett · as of 26 Jul 2018 | $782K | Application Record of Fisgard Capital Corporation, Returnable August 13, 2018 |
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Receiver’s Discharge Certificate dated March 13, 2019 | ||
| Receiver’s Certificate regarding real estate dated January 28, 2019 | ||
| Approval and Vesting Order of Hainey J. January. 15, 2019 | ||
Distribution and Discharge Order of Hainey J. January. 15, 2019
| ||
Endorsement of Hainey J. January 15, 2019
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| Motion Record of Receiver dated December 21, 2018 (returnable January 15, 2019) | ||
| Monitor Discharge Order, October 10, 2018 | ||
| Motion Record of Fisgard Capital Corporation, returnable October 10, 2018 | ||
| Order Appointing Receiver, October 10, 2018 | ||
Order of Justice Dunphy appointing Non-Possessory Monitor. August 16, 2018
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Application Record of Fisgard Capital Corporation, Returnable August 13, 2018
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “218 Jerseyville Road, Brantford, Ontario (Receiver of)” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/218-jerseyville-road-brantford-ontario-receiver-of