New Brunswick · Proposal
Notice to Creditors of Amended Proposal
Notice to creditors · 9 November 2015
What we verified from this filing2 verified
- financial positionnote: Statement of Affairs shows a stated Surplus of 2,662,761.41; the 'Total liabilities' figure reflects only unsecured/preferred/contingent claims (secured creditors' claims, totalling $3,965,057.00, are listed separately in List B with an estimated deficiency/balance of $488,460.00 after applying estimated security values). · as at: 2015-09-25 · basis: as stated and estimated by the officer · scope: entity - 663230 NB Inc. (Statement of Affairs) · currency: CAD · total assets: 3477397 · total liabilities: 814635.59
- recovery outcomeentries: basis: plan · quote: Proven Claims of Preferred Creditors as of the NOl Date shall be paid in full, without interest, in priority to the claims of Unsecured Creditors, as follows: · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: proposal_trustee · class label: Preferred Creditors · interim final: unstated · claims qualifier: proven; basis: plan · quote: The Convenience class portion of the claim will be paid in full, without interest, in November 2015; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount low: 600 · amount high: 600 · class label: Unsecured Creditors (Convenience Class portion) · interim final: unstated · conditional on: 100% of the first $600 of each Unsecured Creditor's Proven Claim; pro rata thereafter · claims qualifier: unstated; basis: plan · quote: The remaining portion of Proven Claims will be paid pro-rata, without interest, from the Fund; · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · class label: Unsecured Creditors (remaining portion) · interim final: unstated · claims qualifier: unstated; basis: plan · quote: Deferred Creditors shall not receive any distribution in this Proposal. · pct of: unstated · outcome: nil · stated by: proposal_trustee · class label: Deferred Creditors · interim final: unstated · claims qualifier: unstated · stated on: 2015-11-05 · table missing: