Alberta · Receivership (court-appointed)
Receiver's First Report to Court
Court officer report · 8 January 2024
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What we verified from this filing3 verified
- unsecured creditorsnote: Unpaid employee source deductions related to 2021 wages (amount not stated); also owed approximately $44,248 for GST · page: 6 · as of: early 2022 · basis: Reported by Receiver in First Report · debtor: 608772 Alberta Ltd. o/a Birchwood Auto Body · creditor: Canada Revenue Agency (CRA) · currency: CAD
- unsecured creditorsnote: Approximate GST owing stated in report · page: 6 · basis: Reported by Receiver in First Report · amount: 44248 · debtor: 608772 Alberta Ltd. o/a Birchwood Auto Body · creditor: Canada Revenue Agency (CRA) - GST · currency: CAD
- secured creditorsnote: Amount owing as of March 3, 2022 plus accruing interest, costs, expenses, and fees; prose also states original Credit Facilities of $2,602,277 loan plus $200,000 operating demand loan and a $40,000 CEBA loan advanced through BMO; personal guarantees from Darrell Payne, Vera Payne and Brett Payne (individuals, not companies); corporate guarantee from 1943969 Alberta Ltd. (related company) · page: 7 · as of: 2022-03-03 · amount: 2528971 · debtor: 608772 Alberta Ltd. o/a Birchwood Auto Body · creditor: Bank of Montreal (BMO) · currency: CAD · security: General security agreement over all present and after-acquired property; first ranking conventional mortgage over the Property (registered Feb 19, 2016); guarantees from 1943969 Alberta Ltd., Darrell Payne, Vera Payne and Brett Payne