#Report
Court officer report filed, setting out the mortgage positions on the Beaumont, Edmonton and Calgary properties held by Westpoint Capital Corporation and KV Capital.
Source: WiT Website Filing
Alberta Peloton Association O/A
FollowActive
- Proceeding
- Court officerSubsection 102(1) of the Act
- File
- 24-2345133
Filings held3
Last activity8 Mar 2019
On the record3,140 days
OverviewSummary updated
Alberta Peloton Association O/A is in insolvency proceedings before the Court of King's Bench of Alberta under section 49 of the Bankruptcy and Insolvency Act, court file 24-2345133, with BDO Canada Limited acting as judicial trustee and licensed insolvency trustee. The date and time of bankruptcy is recorded as February 15, 2018 at 09:42. Reporting on secured positions covers mortgages on properties in Beaumont, Edmonton and Calgary: a Westpoint Capital Corporation second mortgage over the Beaumont property was paid out by the borrower in December 2020; KV Capital's first mortgage over the Edmonton property is in default, with $2,000 per unit sale negotiated toward expenses; and a Westpoint second mortgage over the Calgary property was settled for $10,000. The proceeding remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Report recorded the date and time of bankruptcy as February 15, 2018 at 09:42 and set out the mortgage positions of KV Capital and Westpoint Capital Corporation.
Source: Certificate of Appointment
Parties
Debtor
Alberta Peloton Association O/A
Restructuring officer · Restructuring officer
BDO
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | WCC (Westpoint Capital Corporation) - second mortgage · in 2 casesas of December 2020 — Second mortgage — Borrower paid out mortgage in December 2020; no longer outstanding — debtor: Mortgagor - Beaumont, AB property | $0 | WiT Website Filing |
| Secured | WCC (Westpoint Capital Corporation) - blanket third mortgage · in 2 casesBlanket third mortgage, registered principal $200,960 — Registered principal amount; WCC received $12,000 payment on this mortgage; no payments since December 2019 — debtor: Mortgagor - Edmonton, AB property | — | WiT Website Filing |
| Secured | WCC (Westpoint Capital Corporation) - second mortgage · in 2 casesSecond mortgage — Mortgage settled by Receiver for $10,000; appraised value close to first mortgage amount — debtor: Mortgagor - Calgary, AB property | — | WiT Website Filing |
| Secured | WCC (Westpoint Capital Corporation) - blanket second mortgage · in 2 casesBlanket second mortgage, registered principal $1,250,000 — Registered principal amount, not stated as outstanding balance — debtor: Mortgagor - Edmonton, AB property | — | WiT Website Filing |
| Secured | KV Capital · in 3 casesas of report date — First mortgage — First mortgage currently in default per discussions with KV Capital; Receiver negotiated $2,000 payment per unit sale to cover expenses; unable to determine if KV Capital will be paid in full — debtor: Mortgagor - Edmonton, AB property | — | WiT Website Filing |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
KV Capital: not yet estimated.WiT Website Filing · 15 Mar 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | KV Capital | — | not yet estimated | per the receiver | WiT Website Filing · 15 Mar 2021 |
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.
Estate financialsReported figures — never derived
Total assets at filing$19.4K
Total liabilities at filing$1.62M
As at 14 Feb 2018 · per as stated and estimated by the officer · entity - Alberta Peloton Association o/a Tour of Alberta (the bankrupt) — Statement of Affairs shows Total unsecured creditors 1,595,998.00, Secured creditors 19,410.00, Preferred creditors 0.00, Contingent/trust claims 0.00; Deficiency stated as 1,595,998.00.
Documents3 filings
| Date | Document | File |
|---|---|---|
WiT Website Filing
| ||
Creditor's Package
| ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Alberta Peloton Association O/A” (Court officer), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/alberta-peloton-association-o-a