Ontario · Receivership (court-appointed)

Application Record of Fisgard Capital Corporation, Returnable August 13, 2018

Application / notice of application · 13 August 2018

What we verified from this filing1 verified

secured creditorsnote: Amount stated in Notice of Application as sum due under Charge/Mortgage as of July 26, 2018; prior stated balance was $795,327.64 total owing per Notice of Sale as of January 10, 2018 (with principal $785,461.80 as at December 15, 2017), and $788,732.03 per demand letter dated December 28, 2017 (principal and overdue interest $787,807.03 as of that date); guaranteed by Asia Kazem pursuant to Guarantee and Postponement of Claim dated July 19, 2017 (personal guarantor). · page: 9 · as of: 2018-07-26 · amount: 781979.22 · debtor: Islam Jassem (aka Islam Hammadi Jassem) · creditor: Fisgard Capital Corporation · currency: CAD · security: Charge/Mortgage dated July 20, 2017, registered July 20, 2017 as Instrument No. BC320787 (registered under incorrect name 'Jassam'), original principal advanced $780,000 at 8.4% compounded monthly; together with General Assignment of Rents (Instrument No. SC1468521/BC321008); also secured by Promissory Note dated July 19, 2017