Proceedings.

Infiniti Master Builder Inc.

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Proceeding
BankruptcyBankruptcy and Insolvency Act
File
24-2794972
Industry
Construction
Filings held4
Last activity24 Jan 2022
On the record1,764 days
Secured debtSubscribers
OverviewSummary updated

Infiniti Master Builder Inc., an Alberta company, became bankrupt under the Bankruptcy and Insolvency Act on January 7, 2022 at 12:21, court file 24-2794972, with MNP Ltd. as trustee. The Statement of Affairs sworn by Greg Stearns, stated as at December 20, 2021, reports total assets of $893,619.76 against total liabilities of $4,212,576.09, a deficiency of $3,318,956.33, unsecured claims totalling $4,015,869.45 and secured claims of $196,706.64, with preferred and contingent liabilities reported as nil. Royal Bank of Canada is listed as secured for $196,704.64 against an Edmonton property at 5009 Woolsey Common and other collateral. The largest unsecured claims are Scott and Taylor McNeil at $1,401,825.63, Giacobbo at $791,976.09 and Hoffman at $689,338.85. The estate remains active.

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Case updates4 dated entries
Parties

Debtor

Infiniti Master Builder Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 584 casesReal Property/Building - Edmonton - 5009 Woolsey Common (est. value $105,937.82); Furniture $36,591.50; Letters of Credit ANHWP $28,373.91; Land Deposit BOWRA Group $20,000.00; Tools $2,516.40; GIC $2,082.01; Seasonal Holdback in Trust $1,200.00; Debts Due - Kinicle $1.00; Debts Due - Giacobbo $1.00; WIP Account $1.00; Electronics $0.00 — Statement of Affairs as sworn (List B) — debtor: Infiniti Master Builder Inc. · as of 6 Jan 2022$197KNotice Package
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

43 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee Report to Creditors · 24 Jan 2022

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionEstimatedper the trusteeTrustee Report to Creditors · 24 Jan 2022

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
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents4 filings
DateDocumentFile
Blank Proof of ClaimPDF · Subscribers
Trustee Report to Creditors
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 7 January 2021
  • Court file no 24-2794972
  • + 5 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Commencement date 7 January 2022
  • Court file no 24-2794972
PDF · Subscribers
Notice Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 7 January 2022
  • Court file no 24-2794972
  • + 5 more extracted facts
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., “Infiniti Master Builder Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/infiniti-master-builder-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/infiniti-master-builder-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.