Ontario · Bankruptcy
Preliminary report
Court officer report · 21 May 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- financial positionnote: Assets per Statement of Affairs: Inventory $250,000; Accounts Receivable Unknown; Machinery Equipment Unknown; Real Property $700,000 (all Assets subject to secured claims); Provable claims table shows Declared Per SOA total $4,356,081.11 vs Filed to Date total $290,387.04. · basis: Statement of Affairs (declared, unaudited) · scope: entity - Campus Crew (2005) Inc. · currency: CAD · total liabilities: 4356081.11
- recovery outcomeentries: basis: estimated · quote: The Receiver has advised the Trustee that there will be a significant shortfall to the secured creditors from the sale of the Assets and therefore there will not be any funds available for unsecured creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: secured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver has advised the Trustee that there will be a significant shortfall to the secured creditors from the sale of the Assets and therefore there will not be any funds available for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2019-05-21 · table missing: