#Claims
Creditor Package - IvarTek inc was filed. Court file 25-2831834.
Source: Creditor Package - IvarTek inc
Ivar Tek Inc.
FollowActive
- Proceeding
- BankruptcySection 49(1) of the Bankruptcy and Insolvency Act ("BIA")
- File
- 25-2831834
Filings held2
Last activity19 May 2022
On the record1,586 days
OverviewSummary updated
Ivar Tek Inc. is the subject of insolvency proceedings in which a trustee has reported on creditors' claims against the company. Secured claims include $8,000.00 owed to five wage earner claimants under Section 81(3) of the BIA for unpaid vacation pay, $72,125.02 owed to Servus Credit Union under a first-ranking general security agreement, $260,000.00 claimed by the Canada Revenue Agency as a deemed trust for unremitted payroll source deductions (no formal claim yet received, subject to CRA audit), and $246,014.15 owed to 1011051 Alberta Ltd. under a second-ranking general security agreement. Unsecured creditors have filed claims totalling $141,467.00 to date.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
Parties
Debtor
Ivar Tek Inc.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesas of date of this report — Deemed trust claim re: unremitted payroll source deductions — Approximate amount per Trustee's understanding; claim subject to audit by CRA; no claim received from CRA as of report date; deemed trust class — debtor: IvarTek Inc. | $260K | Trustee's Report on Preliminary Administration |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee's Report on Preliminary Administration · 6 Jun 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Report on Preliminary Administration · 6 Jun 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.
Documents2 filings
| Date | Document | File |
|---|---|---|
Creditor Package - IvarTek inc
| PDF · Subscribers | |
Trustee's Report on Preliminary Administration
| 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., “Ivar Tek Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/ivar-tek-inc