663230 NB Inc.
- Proceeding
- ProposalSection 58(a) of the Bankruptcy and Insolvency Act
- File
- 21256
663230 NB Inc. filed a Division I proposal under section 58(a) of the Bankruptcy and Insolvency Act on May 29, 2015, in the Court of Queen's Bench of New Brunswick in Bankruptcy and Insolvency under file no. 21256, and the proceeding remains active. A Statement of Affairs sworn September 25, 2015, valuing assets as at the May 29, 2015 filing date, reports assets of $3,477,397.00 against liabilities of $814,635.59 and a surplus of $2,662,761.41. Secured claims total $3,965,857.00 against estimated security of $3,477,397.00, leaving a $488,460.00 shortfall: Caisse Populaire Trois Rives Ltée at $1,848,703.00, Business Development Bank at $1,617,154.00 and Place de L'Assomption Ltée at $500,000.00, all secured on the building and land at 100 Rue Rice, Edmundston. Unsecured claims include CRA at $199,752.00 as a deemed trust, Place de L'Assomption Ltée at $142,733.00 and Visa Desjardins at $138,025.00.
A claims procedure has been established — see the order for deadlines.
Undated filings1 — no date appears on the document · show
Debtor
663230 NB Inc.
Proposal trustee
Deloitte
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Caisse Populaire Trois Rives LteeCash on hand (value $346,821.00); Furniture - Furniture/various (value $38,000.00); Real Property/Immovable - Building and Land, Edmundston - 100 Rue Rice (value $1,463,882.00); Business Assets - Stock in Trade - Various Equipment (value $0.00); Debts Due - Business Account Receivables (value $0.00); Business Assets - Stock in Trade - Inventory (value $0.00) — Security given 25-Sep-2015 per list — debtor: 663230 NB Inc. · as of 25 Sep 2015 | $1.85M | Statement of Affairs |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
82 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution. Assomption a distribution.Under the planDraft Order for Approval of Amended Proposition · 8 Dec 2015
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planper the court | Draft Order for Approval of Amended Proposition · 8 Dec 2015 |
| Unsecured | Deferred Creditors | — | no distribution | Under the planper the court | Draft Order for Approval of Amended Proposition · 8 Dec 2015 |
| Unsecured | — | — | a distributionconditional | Under the planper the court | Draft Order for Approval of Amended Proposition · 8 Dec 2015 |
| UnsecuredClass Two Creditor | Assomption | — | Under the planper the proposal trustee | Report on Proposal · 6 Oct 2015 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Cash Flow | PDF · Subscribers | |
Applicant's Pre-Hearing Brief
| PDF · Subscribers | |
Draft Order for Approval of Amended Proposition
| PDF · Subscribers | |
Notice to Creditors of Amended Proposal
| PDF · Subscribers | |
Statement of Affairs
| PDF · Subscribers | |
Proposal Trustee’s Second Report
| PDF · Subscribers | |
| Order Approving Extension of Time to Make a Proposal | PDF · Subscribers | |
Supplemental Report to the Proposal Trustee's First Report
| PDF · Subscribers | |
Proposal Trustee's First Report
| PDF · Subscribers | |
| Creditor Package | PDF · Subscribers | |
| Certificate of Notice of Intention | PDF · Subscribers | |
Report on Proposal
| PDF · Subscribers | |
| Proof of Claim and Voting Letter | 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., “663230 NB Inc.” (Proposal), Court of King's Bench of New Brunswick. Retrieved 4 November 2026, https://proceedings.ca/case/663230-nb-inc