2737524 Ontario Inc. o/a Estrada Automotive
- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 31-2842327
2737524 Ontario Inc. o/a Estrada Automotive filed an assignment in bankruptcy on June 27, 2022, under section 49 of the Act, with Goldhar & Associates Ltd. as trustee under court file 31-2842327, in Ontario. The proceeding is active. The statement of affairs, as at June 27, 2022, reported total liabilities of $320,092.15; assets were carried at an original cost of $442,283.00 but estimated to realize effectively $1.00 in recoverable HST, with $15,000.00 already liquidated by a receiver. The Bank of Montreal held a PPSA-registered secured claim of $320,085.15, which the trustee noted was likely to rank as fully unsecured for want of assets; 25% of that indebtedness was personally guaranteed by Mr. Wong, the officer and director.
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package — Notice to creditors
Debtor
2737524 Ontario Inc. o/a Estrada Automotive
Trustee in bankruptcy
Goldhar & Associates
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (BMO Bank of Montreal, formerly MBanx) · in 297 casesas of Statement of Affairs as reported — PPSA-registered charge (search conducted April 11, 2022, file currency to April 10, 2022); financed approximately $350,000 to the debtor in December 2020 (original advance, not balance) — Trustee notes that as there are no assets on the bankruptcy date, this secured claim is likely to rank as fully unsecured; secured creditor had not yet filed a proof of claim; validity of security not commented on by Trustee; Claims Register (Appendix B) separately lists a $1.00 nominal SOA amount for this creditor under 'Secured creditors' (likely a placeholder pendin | $320K | Minutes of First Meeting of Creditors and Trustee’s Preliminary Report |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
8 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Minutes of First Meeting of Creditors and Trustee’s Preliminary Report
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “2737524 Ontario Inc. o/a Estrada Automotive” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/2737524-ontario-inc-o-a-estrada-automotive