EQUITYLINE MORTGAGE INVESTMENT COPR.
- 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
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-25-00735286-00CL
- Industry
- Financial services · Lending & mortgages
EquityLine Mortgage Investment Copr. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on February 24, 2025 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) and carried on the Commercial List in Ontario under court file CV-25-00735286-00CL. The record to date consists of an amended notice of application filed on that same date. Nothing further has been recorded in the proceeding.
Motion Record Respondent Equityline December 15, 2025 was filed. Court file CV-25-00735286-00CL.
Source: Motion Record Respondent Equityline December 15, 2025
Responding Record of Elle Mortgage Corporation April 11, 2025 — Response / objection pleading
Amended notice of application filed, marking commencement of the bankruptcy proceeding on the Commercial List under court file CV-25-00735286-00CL.
Debtor
EQUITYLINE MORTGAGE INVESTMENT COPR.
Receiver
Harris & Partners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Equitable Bank (facility with Equityline SPV LP) · in 18 casesFirst priority lien on all assets of Equityline SPV LP (the Borrower); guaranteed by Equityline Services Corp (the Manager, a related party) — Senior revolving demand facility outstanding balance per Note 8; facility authorized limit (not a balance) was increased to $55,000,000 as at Sept 30, 2023 (previously lesser of $25,000,000 or borrowing base); carrying value after transaction costs was $18,417,015 — debtor: Equityline SPV LP (related borrower entity; facility utilization consolidated into Equityline Mortgage Investment Corporation's financial statements as 'the Originator') · as of 30 Sep 2023 | $18.9M | Application Record March 14, 2025 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
14 more claims in 3 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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The total 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 |
|---|---|---|
| Factum Respondent Elle Mortgage Corporation | PDF · Subscribers | |
| Factum Respondent Equityline MIC Macrch 2, 2026 | PDF · Subscribers | |
| Fresh as Amended Factum of the Applicant January 14, 2026 | PDF · Subscribers | |
Motion Record Respondent Equityline December 15, 2025
| PDF · Subscribers | |
Commercial List Endorsement November 13, 2025
| PDF · Subscribers | |
| Responding Record of Equityline MIC April 17, 2025 | PDF · Subscribers | |
| Responding Record of Elle Mortgage Corporation April 11, 2025 | PDF · Subscribers | |
Application Record March 14, 2025
| PDF · Subscribers | |
Justice Steel Endorsement March 7, 2025
| PDF · Subscribers | |
| Reply Factum of the Applicant March 5, 2025 | PDF · Subscribers | |
Adam Fisher Affidavit
| 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., “EQUITYLINE MORTGAGE INVESTMENT COPR.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/equityline-mortgage-investment-copr