Proceedings.

2433552 Ontario Inc., carrying on business as GreenTerra Homes

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Active
Proceeding
BankruptcySubsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
File
33-2462490
Filings held7
Last activity30 Jan 2019
On the record2,810 days
Secured debt$688K
OverviewSummary updated

2433552 Ontario Inc., which carried on business as GreenTerra Homes, made an assignment in bankruptcy on January 11, 2019 in Ontario under estate no. 33-2462490, and the estate remains active. The Statement of Affairs sworn by the company's officer, Haleh Ghelichkhani, estimates total assets of $476,702.00 against total liabilities of $4,929,874.87, a deficiency of $4,453,172.87. Secured claims comprise CRA's $688,116.00 claim, supported by machinery, equipment and inventory valued at $440,001.00 and leaving a $248,115.00 deficiency; a $120,000.00 Business Development Bank of Canada claim with security estimated at nil; and Jim Peplinski Leasing Inc.'s $36,700.00 claim, fully secured on a 2015 Chevrolet Tahoe. The largest unsecured claims listed are $790,735.83 owing to Ghelichkhani, $574,099.98 to Parvane Hashemi and $302,000.00 to Clayton Fearon, alongside scores of trade suppliers, professional firms and individual home purchasers in Canada and the United States.

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#Filing

Placed the company into bankruptcy in Ontario, with a Statement of Affairs estimating $476,702.00 in assets against $4,929,874.87 of liabilities, a $4,453,172.87 deficiency.

Source: Form 78 – Statement of Affairs

Undated filings1 — no date appears on the document · show
—
Claims

Proof of Claim form (for former customers only) — Claims process approved

PDF

Parties

Debtor

File Documents

Trustee in bankruptcy

Albert Gelman

Capital structureAs asserted in the filings
stated amounts, drawn to scale · the 75 smallest grouped as one mark
#Priority classCreditorAmountSource
4SecuredCRA - Tax - Ontario (83785 6590 RP0001) · in 252 casesBusiness Assets - Machinery & Equipment (est. value 400,000.00); Stock in Trade - Inventory Raw Materials (est. value 40,000.00); Stock in Trade - Inventory Partially Assembled (est. value 1.00); Debts Due - Business - 2557541 Ontario Inc. (est. value 0.00) — Total estimated security value $440,001.00; unsecured deficiency of $248,115.00 also listed in List A as CRA unsecured claim — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$688KForm 78 – Statement of Affairs
4SecuredBusiness Development Bank of Canada - Toronto · in 24 casesBusiness Assets - Machinery & Equipment (est. value 0.00); Stock in Trade - Inventory Partially Assembled (est. value 0.00); Stock in Trade - Inventory Raw Materials (est. value 0.00); Debts Due - Business - 2557541 Ontario Inc. (est. value 0.00) — Estimated security value $0.00; full $120,000.00 balance of claim also reflected as a deficiency amount in List A (Unsecured Creditors) — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$120KForm 78 – Statement of Affairs
4SecuredJim Peplinski Leasing Inc. · in 7 casesMotor Vehicle - 2015 Chevrolet Tahoe, VIN 1GNSKBKC8FR678769 — Fully secured; estimated security value equals claim ($36,700.00), balance of claim $0.00 — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$36.7KForm 78 – Statement of Affairs
8UnsecuredHaleh GhelichkhaniRelated party - Haleh Ghelichkhani is the bankrupt's officer/representative who swore this Statement of Affairs — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$791KForm 78 – Statement of Affairs
8UnsecuredParvane Hashemidebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$574KForm 78 – Statement of Affairs
8UnsecuredClayton Fearon (Oakville L6H 3H1)Separate listing from other Clayton Fearon entry with different address — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$302KForm 78 – Statement of Affairs
8UnsecuredCRA - Tax - Ontario (83785 6590 RP0001) · in 252 casesDeemed-trust/CRA class; unsecured claim column $0.00, balance of claim $248,115.00 is the deficiency from CRA's secured claim listed on List B — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$248KForm 78 – Statement of Affairs
8UnsecuredTrenval Business Development Corporation · in 2 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$220KForm 78 – Statement of Affairs
8UnsecuredChan, Bambydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$136KForm 78 – Statement of Affairs
8UnsecuredLedford, William (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$126KForm 78 – Statement of Affairs
8UnsecuredBusiness Development Bank of Canada - Toronto · in 24 casesThis is the same deficiency reported for BDC's secured claim on List B; unsecured claim column is $0.00, balance of claim (from security shortfall) is $120,000.00 — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$120KForm 78 – Statement of Affairs
8UnsecuredCAL Financialdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$100KForm 78 – Statement of Affairs
8UnsecuredVan Sluytman, Corina & Jasondebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$90KForm 78 – Statement of Affairs
8UnsecuredHansford, Betty Loudebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$69.9KForm 78 – Statement of Affairs
8UnsecuredMajka, Gregdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$64.9KForm 78 – Statement of Affairs
8UnsecuredElliott, Pauldebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$64.1KForm 78 – Statement of Affairs
8UnsecuredMartines Ascanio Jaber & Joselyn Barreradebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$59.2KForm 78 – Statement of Affairs
8UnsecuredBorden Ladner Gervais LLP · in 28 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$51.4KForm 78 – Statement of Affairs
8UnsecuredDe la Garza, Jorgedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$50.5KForm 78 – Statement of Affairs
8UnsecuredCabunoc, Joan and Gerrydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$50KForm 78 – Statement of Affairs
8UnsecuredTownsend, Grantdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$49KForm 78 – Statement of Affairs
8UnsecuredHepburn, Christopherdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$47.8KForm 78 – Statement of Affairs
8UnsecuredMark Cairns & Angell Kaspariandebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$47.6KForm 78 – Statement of Affairs
8UnsecuredSnow, Trevordebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$44.3KForm 78 – Statement of Affairs
8UnsecuredPal, Jonathandebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$41KForm 78 – Statement of Affairs
8UnsecuredMcQuillan, Karldebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$40.5KForm 78 – Statement of Affairs
8UnsecuredRoach, Ryandebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$35.9KForm 78 – Statement of Affairs
8UnsecuredRSM Canada LLP · in 5 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$35.1KForm 78 – Statement of Affairs
8UnsecuredLomatchinskia, Irina and Peterdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$34.9KForm 78 – Statement of Affairs
8UnsecuredSchor Maureendebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$34.4KForm 78 – Statement of Affairs
8UnsecuredTripp, Pauldebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$34.1KForm 78 – Statement of Affairs
8UnsecuredSpearman, Erikadebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$31.8KForm 78 – Statement of Affairs
8UnsecuredAction Towing - 1278848 Ontario Ltddebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$31KForm 78 – Statement of Affairs
8UnsecuredBill McIntoshdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$30KForm 78 – Statement of Affairs
8UnsecuredKim Gerrowdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$29.6KForm 78 – Statement of Affairs
8UnsecuredVermuzadebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$29.5KForm 78 – Statement of Affairs
8UnsecuredSonia Pintodebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$29.3KForm 78 – Statement of Affairs
8UnsecuredCarl McKenziedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$27.5KForm 78 – Statement of Affairs
8UnsecuredN5R Group - Roman Bodnarchukdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$27.4KForm 78 – Statement of Affairs
8UnsecuredClayton Fearon (Oakville L6H 5R7)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$26.4KForm 78 – Statement of Affairs
8UnsecuredPrince, Robert (USD - USA Florida)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$26.3KForm 78 – Statement of Affairs
8UnsecuredPatoskie, Joseph & Fran (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$25.6KForm 78 – Statement of Affairs
8UnsecuredGATSTEEL - Venture Steeledebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$25.6KForm 78 – Statement of Affairs
8UnsecuredRingrose, Brendandebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$24.4KForm 78 – Statement of Affairs
8UnsecuredRice, Russell (USA California)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$24.1KForm 78 – Statement of Affairs
8UnsecuredHalter, Leoni (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$23.8KForm 78 – Statement of Affairs
8UnsecuredJochri Investment Ltddebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$22.8KForm 78 – Statement of Affairs
8UnsecuredZeleniak, Mikedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$22.8KForm 78 – Statement of Affairs
8UnsecuredWorkplace Safety and Insurance Board · in 164 casesRegulatory claim (WSIB) — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$22.7KForm 78 – Statement of Affairs
8UnsecuredMcNulty, Lorinda (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$21.7KForm 78 – Statement of Affairs
8UnsecuredDunham, Artdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$21.3KForm 78 – Statement of Affairs
8UnsecuredMoffat, Saradebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$18.9KForm 78 – Statement of Affairs
8UnsecuredCampbell, Rondebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$18.7KForm 78 – Statement of Affairs
8UnsecuredBelleville Slingerdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$17.2KForm 78 – Statement of Affairs
8UnsecuredAshley, Sarahdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$16.8KForm 78 – Statement of Affairs
8UnsecuredJayne, Whitney & Lauri (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$15.9KForm 78 – Statement of Affairs
8UnsecuredMurray, Allendebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$15.8KForm 78 – Statement of Affairs
8UnsecuredBramley, Geoffdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$15.1KForm 78 – Statement of Affairs
8UnsecuredWainmann, Jasondebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$13.6KForm 78 – Statement of Affairs
8UnsecuredSalamanchuk, Seandebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$12.9KForm 78 – Statement of Affairs
8UnsecuredNguyen, Long (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$12.8KForm 78 – Statement of Affairs
8UnsecuredDensford, Christine (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$11.6KForm 78 – Statement of Affairs
8UnsecuredBailey Metaldebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$11.5KForm 78 – Statement of Affairs
8UnsecuredCousar, Jeremiah (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$10.5KForm 78 – Statement of Affairs
8UnsecuredLagasse, Lorrainedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$10.1KForm 78 – Statement of Affairs
8UnsecuredCorey, Kimberly (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$9.84KForm 78 – Statement of Affairs
8UnsecuredLeon, Emilydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$9.54KForm 78 – Statement of Affairs
8UnsecuredFowler, Daviddebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$7.78KForm 78 – Statement of Affairs
8UnsecuredMacKenzie Brook Barristerdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$7.19KForm 78 – Statement of Affairs
8UnsecuredThompson, Curtisdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$6.86KForm 78 – Statement of Affairs
8UnsecuredCRS Contractors Rental Supply · in 4 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$6.47KForm 78 – Statement of Affairs
8UnsecuredMarkovik, Slavedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$6.47KForm 78 – Statement of Affairs
8UnsecuredMitten · in 4 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$6.26KForm 78 – Statement of Affairs
8UnsecuredKarsseboom, Richarddebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$5.81KForm 78 – Statement of Affairs
8UnsecuredJaved Khan P.Eng. (SARA Engineering)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$5.6KForm 78 – Statement of Affairs
8UnsecuredSB Partnersdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$5.45KForm 78 – Statement of Affairs
8UnsecuredThe Paint Storedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$5.34KForm 78 – Statement of Affairs
8UnsecuredS. Rayner & Associates Ltd.debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$5KForm 78 – Statement of Affairs
8UnsecuredMacDonald, Tracydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$4.65KForm 78 – Statement of Affairs
8UnsecuredM and M Forwardingdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$4.06KForm 78 – Statement of Affairs
8UnsecuredThunder Struckdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.79KForm 78 – Statement of Affairs
8UnsecuredOsborne, Theodoredebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.73KForm 78 – Statement of Affairs
8UnsecuredQAI Labs · in 2 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.69KForm 78 – Statement of Affairs
8UnsecuredTyendinaga Propane · in 3 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.68KForm 78 – Statement of Affairs
8UnsecuredAlliance Wireless Communicationsdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.62KForm 78 – Statement of Affairs
8UnsecuredClark, Steph and Jaydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.33KForm 78 – Statement of Affairs
8UnsecuredNewman Insuancedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.2KForm 78 – Statement of Affairs
8UnsecuredToromont Material Handling · in 5 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$3.18KForm 78 – Statement of Affairs
8UnsecuredAct First Safetydebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.71KForm 78 – Statement of Affairs
8UnsecuredRandall, Mikedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.53KForm 78 – Statement of Affairs
8UnsecuredStrucSoft Solutions LTDdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.5KForm 78 – Statement of Affairs
8UnsecuredChapman, Dougdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.32KForm 78 – Statement of Affairs
8UnsecuredYSMDdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.25KForm 78 – Statement of Affairs
8UnsecuredJim Peplinski LeasingSeparate unsecured claim from same/related creditor also listed as a secured creditor (Jim Peplinski Leasing Inc.) on List B for the leased 2015 Chevrolet Tahoe — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.2KForm 78 – Statement of Affairs
8UnsecuredEarl Rosebush Fuels D/O United Independent Energy Group Incdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$2.08KForm 78 – Statement of Affairs
8UnsecuredLinde Canada Ltd · in 3 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.99KForm 78 – Statement of Affairs
8UnsecuredTrenton Cold Storagedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.99KForm 78 – Statement of Affairs
8UnsecuredMumby Industrial Movers Inc.debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.97KForm 78 – Statement of Affairs
8UnsecuredJobsite Industrial Rental Service · in 4 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.93KForm 78 – Statement of Affairs
8UnsecuredBay Marinedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.84KForm 78 – Statement of Affairs
8UnsecuredLDA Structural Engineersdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.81KForm 78 – Statement of Affairs
8UnsecuredDouglas Yatsuladebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.56KForm 78 – Statement of Affairs
8UnsecuredBell Canada · in 298 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.39KForm 78 – Statement of Affairs
8UnsecuredBattlefield Equipment · in 4 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.33KForm 78 – Statement of Affairs
8UnsecuredElliott, Colindebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1.3KForm 78 – Statement of Affairs
8UnsecuredMckee Colmdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$893Form 78 – Statement of Affairs
8UnsecuredCounty of Hastingsdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$832Form 78 – Statement of Affairs
8UnsecuredGlobal Constructiondebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$750Form 78 – Statement of Affairs
8UnsecuredSimpson Strong Tiedebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$731Form 78 – Statement of Affairs
8UnsecuredGalco Industrial Electronicsdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$628Form 78 – Statement of Affairs
8Unsecured407 ETR Express Toll Route · in 37 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$620Form 78 – Statement of Affairs
8UnsecuredElectrical Safety Authority · in 19 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$587Form 78 – Statement of Affairs
8UnsecuredPraxair · in 18 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$543Form 78 – Statement of Affairs
8UnsecuredDafoe Roofing Ltd.debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$393Form 78 – Statement of Affairs
8UnsecuredOosterhof electrical Servicesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$287Form 78 – Statement of Affairs
8UnsecuredMountain View Constructiondebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$280Form 78 – Statement of Affairs
8UnsecuredQUINTE WATER & SEWERdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$261Form 78 – Statement of Affairs
8UnsecuredThe Countertop Shopdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$227Form 78 – Statement of Affairs
8UnsecuredCounty Courierdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$154Form 78 – Statement of Affairs
8UnsecuredBrighton Springsdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$59Form 78 – Statement of Affairs
8UnsecuredLyons, Farris (USA)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
8UnsecuredMinistry of Finance - ON PST, EHT & Other Taxes · in 64 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
8Unsecured2557541 Ontario Inc. (Unpaid Rent - to be determined)debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
8UnsecuredWave CC Processingdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
8UnsecuredCRA - Tax - Ontario (Rc/RT/RP) · in 252 casesDeemed-trust/CRA class — debtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
8UnsecuredHydro One Brampton Networks Inc. · in 2 casesdebtor: 2433552 Ontario Inc. · as of 11 Jan 2019$1Form 78 – Statement of Affairs
Estate financialsReported figures — never derived
Total assets at filing$477K
Total liabilities at filing$4.93M

As at 11 Jan 2019 · per Statement of Affairs (Form 78) as stated and estimated by the officer · entity - 2433552 Ontario Inc. — Surplus/deficiency shown as a deficiency of $4,453,172.87; total liabilities include $4,453,173.87 total unsecured creditors (List A, including deficiency portions of secured claims) and $476,701.00 secured creditors balance

Documents7 filings
DateDocumentFile
Notice of Rescheduled Meeting of CreditorsPDF
Trustee’s Report on Preliminary Administration dated January 22, 2019
  • Appointee Albert Gelman Inc.
  • Appointee role Trustee
  • Commencement date 11 January 2019
  • Court file no 33-2462490
  • + 1 more extracted fact
PDF
Certificate of AppointmentPDF
Form 68 – Notice of Bankruptcy, First Meeting of Creditors
  • Commencement date 11 January 2019
  • Court file no 33-2462490
  • Province Ontario
PDF
Form 21 – Assignment for the General Benefit of CreditorsPDF
Form 78 – Statement of Affairs
  • Commencement date 11 January 2019
  • Financial position Assets $477K · Liabilities $4.93M · as at 11 Jan 2019 · per Statement of Affairs (Form 78) as stated and estimated by the officer · entity - 2433552 Ontario Inc. — Surplus/deficiency shown as a deficiency of $4,453,172.87; total liabilities include $4,453,173.87 total unsecured creditors (List A, including deficiency portions of secured claims) and $476,701.00 secured creditors balance
  • Secured creditors $688K · Note: Total estimated security value $440,001.00; unsecured deficiency of $248,115.00 also listed in List A as CRA unsecured claim · Page: 8 · As of: 2019-01-11 · Debtor: 2433552 Ontario Inc. · Creditor: CRA - Tax - Ontario (83785 6590 RP0001) · Security: Business Assets - Machinery & Equipment (est. value 400,000.00); Stock in Trade - Inventory Raw Materials (est. value 40,000.00); Stock in Trade - Inventory Partially Assembled (est. value 1.00); Debts Due - Business - 2557541 Ontario Inc. (est. value 0.00)
  • Statutory basis Subsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
  • + 1 more extracted fact
PDF
Proof of Claim form (for former customers only)PDF

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

CiteProceedings., “2433552 Ontario Inc., carrying on business as GreenTerra Homes” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2433552-ontario-inc-carrying-on-business-as-greenterra-homes

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Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/2433552-ontario-inc-carrying-on-business-as-greenterra-homes

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.