3246628 Nova Scotia Limited, which carried on business as Best Buy Auto Sales, has been in bankruptcy under the BIA since 24 January 2020, on the application of NextGear Capital Corporation in the Supreme Court of Nova Scotia under court file 43925. Deloitte Restructuring Inc. is the Licensed Insolvency Trustee. The Statement of Affairs (Form 78) as at 24 January 2020 shows no assets and total liabilities of $7,001.00, all unsecured, leaving a deficiency of $7,001.00; no preferred or contingent creditors are listed. Seven secured creditors each report a claim balance of $1,000.00 against business assets and inventory, with security estimated at nil: The Toronto-Dominion Bank in two entries, Automotive Finance Canada Inc., CWB National Leasing Inc., GE Canada Equipment Financing G.P., NextGear Capital Corporation and Royal Bank of Canada. The Canada Revenue Agency is listed for $1.00. The proceeding remains active.
The officer filed a report. The dealership's operations ceased following asset repossession and a Sheriff's raid in 2017, and no business activity has occurred since; the Trustee has been unable to locate the debtor's principal or the company's books and records. Court file 43925.
Source: Preliminary Report
Debtor
3246628 Nova Scotia Limited (dba "Best Buy Auto Sales")
Trustee in bankruptcy
Deloitte
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Toronto Dominion Bank · in 18 casesBusiness Assets - Stock In Trade - Inventory; security given 25-Sep-2017 — Estimated value of security: $0.00; balance of claim $1,000.00; address Clayton Park, Halifax NS — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | The Toronto-Dominion Bank · in 111 casesBusiness Assets - Stock In Trade - Inventory; security given 26-Sep-2017 — Estimated value of security: $0.00; balance of claim $1,000.00; address Markham ON (distinct entry from other TD entry) — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | Royal Bank of Canada · in 556 casesBusiness Assets - Stock In Trade - Inventory; security given 30-Jan-2020 — Estimated value of security: $0.00; balance of claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | Nextgear Capital Corporation · in 4 casesBusiness Assets - Stock In Trade - Inventory; security given 26-Sep-2017 — Estimated value of security: $0.00; balance of claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | GE Canada Equipment Financing G.P. · in 4 casesBusiness Assets - Stock In Trade - Inventory; security given 20-Jan-2015 — Estimated value of security: $0.00; balance of claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | Automotive Finance Canada Inc. · in 7 casesBusiness Assets - Stock In Trade - Inventory; security given 20-Apr-2012 — Estimated value of security: $0.00; balance of claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 4 | Secured | CWB National Leasing Inc. · in 110 casesBusiness Assets - Stock In Trade - Inventory; security given 28-Feb-2014 — Estimated value of security: $0.00; balance of claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | The Toronto Dominion Bank (Clayton Park, Halifax NS) · in 18 casesUnsecured portion (balance of claim) after secured claim — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | Automotive Finance Canada Inc. · in 7 casesUnsecured portion (balance of claim) after secured claim; total claim $1,000.00 — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | The Toronto-Dominion Bank (Markham ON) · in 111 casesUnsecured portion (balance of claim) after secured claim; distinct entry from other TD entry — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | CWB National Leasing Inc. · in 110 casesUnsecured portion (balance of claim) after secured claim — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | GE Canada Equipment Financing G.P. · in 4 casesUnsecured portion (balance of claim) after secured claim — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | Nextgear Capital Corporation · in 4 casesUnsecured portion (balance of claim) after secured claim — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | Royal Bank of Canada · in 556 casesUnsecured portion (balance of claim) after secured claim — debtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1K | Notice to creditors |
| 8 | Unsecured | CRA - Tax - Atlantic · in 45 casesdebtor: 3246628 Nova Scotia Limited · as of 24 Jan 2020 | $1 | Notice to creditors |
Unsecured creditors: no distribution.EstimatedPreliminary Report · 13 Feb 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Preliminary Report · 13 Feb 2020 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at 24 Jan 2020 · per Statement of Affairs (Form 78) as stated and estimated by the officer · 3246628 Nova Scotia Limited (entity only) — Total liabilities comprise unsecured creditors $7,001.00 (incl. balance of secured claims $7,000.00), preferred creditors $0.00, contingent/trust claims $0.00; deficiency $7,001.00; no preferred or contingent creditors listed
| Date | Document | File |
|---|---|---|
Preliminary Report
| ||
| Certificate of bankruptcy | ||
Notice to creditors
| ||
Bankruptcy Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “3246628 Nova Scotia Limited (dba "Best Buy Auto Sales")” (Bankruptcy), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/3246628-nova-scotia-limited-dba-best-buy-auto-sales
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/3246628-nova-scotia-limited-dba-best-buy-auto-sales
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.