Ontario · Bankruptcy
Preliminary Report dated
Court officer report · 26 July 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing9 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date9 July 2024
- court file no31-3101792
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Total liabilities per SOA (as of Date of Bankruptcy) vs. claims filed as of July 26, 2024 ($521,059); asset components stated individually and not summed: Cash in Bank $38,715 (SOA)/$38,635 (bank-verified); Accounts Receivable recorded $85,245, expected collectible per SOA $5,198, collected to date $9,605; Equipment per SOA $40,000; Amounts Due from Related Party (272 ON) $1,126,311. · basis: Statement of Affairs (SOA) · scope: entity - Married to Giants Inc. · currency: CAD · total liabilities: 2519580
- recovery outcomeentries: basis: estimated · quote: Accordingly, there will be no funds available for distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: