Sun Country Mortgage Investment Corporation

Sun Country Mortgage Investment Corporation has been in bankruptcy under the BIA since February 16, 2017, with MNP Ltd. as trustee, in the Court of King's Bench of Alberta under court file 25-2218907. The estate remains active. The Statement of Affairs, prepared from the company's internally prepared, unaudited financial statements as at February 15, 2017, shows total assets of $4,335,960 against total liabilities of $5,505,579, comprising secured claims of $1,771,500 and unsecured claims of $3,734,079, with nil preferred and nil contingent. Proofs of claim filed as at 8:00 a.m. on March 8, 2017 total $4,270,476.94, made up of eight unsecured claims of $3,235,724.94 and one contingent claim of $1,034,752. The trustee is not aware of any first-ranking secured claims under s. 81.3(1) of the BIA or any deemed trust claims, and estimated realization for unsecured creditors from most assets is stated as unknown.