Ontario · Proposal
Statement of Affairs
Statement of affairs · 20 May 2025
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What we verified from this filing15 verified
- financial positionnote: Secured creditors line item stated as 0.00 (page 1); Preferred creditors/securities/priorities also 0.00; deficiency of $637,404.31 reported. Total liabilities figure includes $76,801.50 in contingent/trust claims (CRA deemed trust). · page: 1 · as at: 2025-05-15 · basis: Totals from the list of assets/liabilities as stated and estimated by bankrupt/debtor · scope: Sharon Hills Drywall Ltd. (single entity, corporate debtor) · currency: CAD · total assets: 37500 · total liabilities: 674904.31
- unsecured creditorsnote: Nature of liability: Credit Cards Other Issuers · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 21000 · debtor: Sharon Hills Drywall Ltd. · creditor: American Express c/o FCT Default Solutions · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable; Attn: Eddie · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 20000 · debtor: Sharon Hills Drywall Ltd. · creditor: Canada Foam Insulation · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 60000 · debtor: Sharon Hills Drywall Ltd. · creditor: Costa Building Supplies · currency: CAD
- unsecured creditorsnote: Nature of liability: Corporate taxes; deemed trust class (CRA) · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 28093.54 · debtor: Sharon Hills Drywall Ltd. · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorsnote: Nature of liability: Taxes Federal/Provincial/Municipal; deemed trust class (CRA) · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 312528.73 · debtor: Sharon Hills Drywall Ltd. · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorsnote: Listed as Contingent, trust claims or other liabilities (not ordinary unsecured column); Nature of liability: Taxes Federal/Provincial/Municipal; deemed trust class (CRA) · page: 3 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 76801.5 · debtor: Sharon Hills Drywall Ltd. · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorsnote: Nature of liability: Taxes Federal/Provincial/Municipal; deemed trust class (CRA) · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 3618.93 · debtor: Sharon Hills Drywall Ltd. · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 24750 · debtor: Sharon Hills Drywall Ltd. · creditor: CSR Building Supplies (Concord) · currency: CAD
- unsecured creditorsnote: Nature of liability: Bank Loans except real property mortgage; Attn: Razel Bowen · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 14000 · debtor: Sharon Hills Drywall Ltd. · creditor: RBC Royal Bank c/o Bankruptcy Highway.com · currency: CAD
- unsecured creditorsnote: Nature of liability: Credit Cards Bank/Trust Companies Issuers; Attn: Razel Bowen · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 30000 · debtor: Sharon Hills Drywall Ltd. · creditor: RBC Royal Bank Visa c/o Bankruptcy Highway.com · currency: CAD
- unsecured creditorsnote: Nature of liability listed as Bank Loans except real property mortgage · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 40000 · debtor: Sharon Hills Drywall Ltd. · creditor: Service Canada - Toronto (Accounts Receivable Government Programs) · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable; Attn: Ray · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 6150 · debtor: Sharon Hills Drywall Ltd. · creditor: Spray Foam Insulation · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable · page: 4 · as of: 2025-05-15 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · amount: 37961.61 · debtor: Sharon Hills Drywall Ltd. · creditor: Yvon Building Supply · currency: CAD
- secured creditors