British Columbia · NOI

Notice of Bankruptcy

Notice to creditors · 25 October 2023

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing1 verified

financial positionnote: State of affairs is given as at the date of bankruptcy, 19 October 2023. Total liabilities comprise unsecured creditors 1,189,454.87 (list A 1,189,450.87 + 4.00 balance of secured claims), secured creditors 454,448.98, preferred creditors 0.00, and contingent/trust claims 955,672.05 (CRA deemed trust). Stated deficiency 1,161,101.03. Assets (estimated to produce) include inventory 230,000.00, accounts receivable good 1,083,240.70 (bad 617,431.52 not counted), cash 66,131.42, machinery/equipment/plant 49,102.75, other property 10,000.00; no real property. · as at: 2023-10-19 · basis: Statement of Affairs (Form 78) "as stated and estimated by the officer", sworn remotely by Peter Geoffrey Sherba on 24 October 2023; asset figures are estimates to produce. · scope: Krueger Electrical Ltd. (single bankrupt entity) · currency: CAD · total assets: 1438474.87 · total liabilities: 2599575.9