#Report
Court officer's report filed at commencement, recording the effective date and time of the proceeding as October 11, 2024 at 16:44.
Source: Certificate of Appointment
AG Everest Mortgages Inc.
FollowActive
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 33-3140285
Filings held2
Last activity11 Oct 2024
On the record710 days
OverviewSummary updated
AG Everest Mortgages Inc. is in bankruptcy in Ontario under section 49 of the Bankruptcy and Insolvency Act, commenced 11 October 2024 under estate no. 33-3140285, with MNP LTD / MNP LTÉE acting as trustee of the estate of the debtor. The Statement of Affairs (Form 78), as stated and estimated by the debtor as at 11 October 2024, reports total assets of $1.00 against total liabilities of $106,168.00, a deficiency of $106,167.00, and no secured creditors. Listed unsecured claims comprise $55,207.00 owing to CRA for source deductions, $24,750.00 to RBC Royal Bank on an operating line, $23,832.00 to CRA for corporate income taxes, and $2,379.00 on an RBC Royal Bank Visa credit card. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
#Claims
A meeting of creditors is recorded as of October 11, 2024, the same date the proceeding commenced in Ontario.
Source: Creditor's Package
Parties
Debtor
AG Everest Mortgages Inc.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | CRA - Tax - Ontario · in 252 casesSource deductions — debtor: AG Everest Mortgages Inc. · as of 11 Oct 2024 | $55.2K | Creditor's Package |
| Unsecured | RBC Royal Bank / Banque Royale · in 56 casesBank loan (operating line, except real property mortgage) — debtor: AG Everest Mortgages Inc. · as of 11 Oct 2024 | $24.8K | Creditor's Package |
| Unsecured | CRA - Tax - Ontario · in 252 casesCorporate income taxes (Federal/Provincial/Municipal) — debtor: AG Everest Mortgages Inc. · as of 11 Oct 2024 | $23.8K | Creditor's Package |
| Unsecured | RBC Royal Bank Visa · in 24 casesCredit card (Bank/Trust Companies Issuers) — debtor: AG Everest Mortgages Inc. · as of 11 Oct 2024 | $2.38K | Creditor's Package |
Estate financialsReported figures — never derived
Total assets at filing$1
Total liabilities at filing$106K
As at 11 Oct 2024 · per Statement of Affairs (Corporate Bankruptcy), as stated and estimated by bankrupt/debtor · AG Everest Mortgages Inc. (entity level) — Secured creditors stated as $0.00; deficiency of $106,167.00 reported on the Statement of Affairs.
Documents2 filings
| Date | Document | File |
|---|---|---|
Certificate of Appointment
| ||
Creditor's Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “AG Everest Mortgages Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/ag-everest-mortgages-inc