British Columbia · Bankruptcy
Trustee’s Report to Creditors
Court officer report · 27 October 2021
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What we verified from this filing12 verified
- appointeeThe Bowra Group Inc.
- appointee roleLicensed Insolvency Trustee
- commencement date8 October 2021
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
- proceeding typebia_bankruptcy
- secured creditorsnote: Related party (related to Divisa Enterprises Inc.); estimated claim amount unknown · page: 4 · as of: date of filing for bankruptcy · debtor: Halo Metrics Inc. · creditor: Cheryl Gillott · currency: CAD · security: All Property
- secured creditorsnote: Preferred claim to WEPP; scale is $000's per table header; estimated claim · page: 4 · as of: date of filing for bankruptcy · amount: 30000 · debtor: Halo Metrics Inc. · creditor: Employees - WEPP · currency: CAD · security: All Property
- secured creditorsnote: Estimated claim amount unknown per trustee's table · page: 4 · as of: date of filing for bankruptcy · debtor: Halo Metrics Inc. · creditor: Ari Financial Services Inc. · currency: CAD · security: Equipment
- secured creditorsnote: Related party (related to Cheryl Gillott); estimated claim per trustee, to be proven by secured creditor; scale is $000's per table header · page: 4 · as of: date of filing for bankruptcy · amount: 500000 · debtor: Halo Metrics Inc. · creditor: Divisa Enterprises Inc. · currency: CAD · security: All Property
- secured creditorsnote: Estimated claim per trustee, to be proven by secured creditor; scale is $000's per table header · page: 4 · as of: date of filing for bankruptcy · amount: 15000 · debtor: Halo Metrics Inc. · creditor: TD Bank · currency: CAD · security: All Property
- unsecured creditorsnote: Document names no individual unsecured creditors; also appears as 'Total unsecured creditors' $806,000 in the preliminary estimate of assets table · page: 5 · as of: date of filing for bankruptcy · basis: Company's records indicate unsecured creditors of approximately $806,000 at the date of filing for bankruptcy · amount: 806000 · debtor: Halo Metrics Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: We believe that the estimated total funds available to the unsecured creditors will be between $220,000 and $725,000, which is a recovery of $0.27 to $0.90 per dollar to unsecured creditors. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 220000 · amount high: 725000 · class label: unsecured creditors · claims amount: 806000 · interim final: unstated · claims qualifier: unstated · stated on: 2021-10-27 · table missing: