Quebec · NOI
Notice of Proposal to Creditors
Notice to creditors · 28 March 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- financial positionnote: Document states 'Créanciers garantis: 0.00' / 'Créancier garantis: -' (no secured creditors) (p.6, p.8, p.12). Trustee's report (p.12) presents an updated ('selon l'info à jour') realization-value assessment: assets (trucks) valued at $25,000 vs. $50,000 book value; liabilities reclassified as $552,076 Crown 60(1.1) claims and $416,370 ordinary claims, same $968,446 total. Trustee states it has not audited or verified the debtor's books and records and expresses no opinion on accuracy of the financial information, and cautions that amounts owed will only be confirmed once proofs of claim are filed. · page: 6 · as at: 2025-02-17 · basis: Statement of Affairs (Form 78), non-audited, as declared and estimated by the debtor; sworn 2025-03-18 · scope: entity - Transport'heure Inc. (unconsolidated) · currency: CAD · total assets: 50000 · total liabilities: 968445.57
- unsecured creditorsnote: Genre de passif: 'Impôts d'entreprise'; Québec provincial tax authority claim (deemed-trust class); classified 'Non garantie' with $0 privileged/contingent portion in the Statement of Affairs · page: 8 · as of: 2025-02-17 · basis: Statement of Affairs (Form 78) as declared and estimated by the debtor · amount: 438959.18 · debtor: Transport'heure Inc. · creditor: Agence du revenu du Québec (ARQ) · currency: CAD
- unsecured creditorsnote: Total comprises $211,169.05 ordinary unsecured ('Non garantie') and $176,577.03 recorded in the 'Dettes éventuelles, réclamations de fiducie ou autres' column, which the trustee's report (p.12) reclassifies as the Crown's priority claim under s.60(1.1) LFI (deemed trust). Trustee's updated ('info à jour') estimate of total Crown 60(1.1) claims is $552,076 (not itemized on these pages). · page: 8 · as of: 2025-02-17 · basis: Statement of Affairs (Form 78) as declared and estimated by the debtor · amount: 387746.08 · debtor: Transport'heure Inc. · creditor: Agence du revenu du Canada (ARC / CRA) · currency: CAD
- unsecured creditorsnote: Genre de passif: 'Prêts bancaires (excepté les hypothèques sur les biens immeubles)'; a bank claim reported as unsecured. Trustee's updated ('info à jour') aggregate estimate for ordinary claims is $416,370 (not itemized by creditor on these pages). · page: 8 · as of: 2025-02-17 · basis: Statement of Affairs (Form 78) as declared and estimated by the debtor · amount: 68000 · debtor: Transport'heure Inc. · creditor: Fédération des Caisses Desjardins du Québec · currency: CAD
- unsecured creditorsnote: Genre de passif: 'Autre - cotisation' (Québec workplace-safety board contribution); classified ordinary unsecured, no privileged portion stated · page: 8 · as of: 2025-02-17 · basis: Statement of Affairs (Form 78) as declared and estimated by the debtor · amount: 73740.31 · debtor: Transport'heure Inc. · creditor: CNESST · currency: CAD
- recovery outcomeentries: basis: plan · quote: nous sommes d'avis que les créanciers ordinaires recevraient un dividende de 9,6% dans l'éventualité où la Proposition serait acceptée · pct of: unstated · outcome: distribution · pct low: 9.6 · pct high: 9.6 · class key: unsecured · stated by: proposal_trustee · amount low: 40000 · amount high: 40000 · class label: créanciers ordinaires · claims amount: 416370 · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Les réclamations prioritaires de la Couronne seront payées intégralement dans un délai de six (6) mois après la ratification, en dehors du fonds de règlement ; · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: proposal_trustee · class label: réclamations prioritaires de la Couronne · interim final: unstated · conditional on: payées dans un délai de six (6) mois après la ratification, en dehors du fonds de règlement · claims qualifier: unstated; basis: plan · quote: Les réclamations des détenteurs de réclamations privilégiées autres que celles susmentionnées, s'il y en a, seront payées intégralement en priorité sur toutes les réclamations ordinaires, à même le fonds de règlement ; · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: proposal_trustee · class label: détenteurs de réclamations privilégiées autres que celles susmentionnées · interim final: unstated · conditional on: s'il y en a; en priorité sur toutes les réclamations ordinaires, à même le fonds de règlement · claims qualifier: unstated · stated on: 2025-03-28 · table missing:
- secured creditors