Proceedings.

Dayspring Residence Inc.

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Proceeding
Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C. C.43, AS AMENDED
File
CV-25-00001977-0000
Filings held1
Last activity8 Jul 2025
On the record440 days
Secured debtSubscribers
OverviewSummary updated

Dayspring Residence Inc. is the subject of a court-appointed receivership in Ontario that began with a notice of application issued on July 8, 2025 by 2713601 Ontario Inc. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Rosen Goldberg Inc. is the receiver. The matter is before the Ontario Superior Court of Justice under court file CV-25-00001977-0000 and remains active.

Case updates1 dated entry
#Filing

2713601 Ontario Inc. issued its notice of application on July 8, 2025, bringing Dayspring Residence Inc. before the Ontario Superior Court of Justice under sections 243(1) and 101.

Source: Application record

Parties

Debtor

Dayspring Residence Inc.

Receiver

Rosen Goldberg

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Secured2713601 Ontario Inc.First Mortgage/Charge registered February 16, 2022 as Instrument No. CO257106 against 332787 Plank Line, Tillsonburg, Ontario, principal amount $800,000 plus interest — Amount is the exact payout/mortgage discharge statement figure dated June 12, 2025 (Exhibit I), showing total outstanding as of June 17, 2025. Prose in affidavit also states $896,213.11 as of May 16, 2025, and 'approximate amount of $950,000' as of June 23, 2025 (para 27, p.20 orig? see note); personal guarantees exist from Sola Adams and Elizabeth Adams (individuals - see note10). — debtor: Dayspring Residence Inc. · as of 17 Jun 2025$950KApplication record

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Documents1 filing
DateDocumentFile
Application record
  • Applicant 2713601 ONTARIO INC.
  • Appointee ROSEN GOLDBERG INC.
  • Appointee role Receiver
  • Commencement date 8 July 2025
  • + 6 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Dayspring Residence Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/dayspring-residence-inc

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/dayspring-residence-inc

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.