Alberta · Bankruptcy
Trustee's Report on Preliminary Administration
Court officer report · 2 August 2022
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What we verified from this filing11 verified
- appointeeHudson & Company Insolvency Trustees Inc.
- appointee roleLicensed Insolvency Trustee
- commencement date13 July 2022
- court file noBKY 25-2847035
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- statutory basisSection 49(1) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Director disclosed this creditor has been paid in full and no amount remains outstanding; listed at nominal $1.00 on Statement of Affairs; no claim received by Trustee as of report date — security effectively discharged/satisfied. · page: 2 · as of: 2022-07-13 · amount: 0 · debtor: 1499520 Alberta Ltd. · creditor: Automotive Finance Canada Inc. · currency: CAD · security: General Security Agreement (GSA) registered over Company assets
- secured creditorsnote: Director disclosed this creditor has been paid in full and no amount remains outstanding; listed at nominal $1.00 on Statement of Affairs; no claim received by Trustee as of report date — security effectively discharged/satisfied. · page: 2 · as of: 2022-07-13 · amount: 0 · debtor: 1499520 Alberta Ltd. · creditor: Nextgear Capital Corporation · currency: CAD · security: General Security Agreement (GSA) registered over Company assets
- financial positionnote: Two columns presented: 'As Per Debtors Statement Dated July 13, 2022' and 'Estimated Realization As Per Trustee'; asset values differ, liabilities figures agree; resulting apparent deficit differs ($69,539 per debtor vs $78,540 per Trustee). · page: 3 · as at: 2022-07-13 · basis: Trustee's Estimated Realization (Schedule A); Debtor's Statement of Affairs (also dated July 13, 2022) reported total assets of $15,501.00, differing from the Trustee's estimate of $6,500.00 for the same date — liabilities figures matched at $85,040.00 in both columns · scope: Entity-level: 1499520 Alberta Ltd. (bankrupt estate) · currency: CAD · total assets: 6500 · total liabilities: 85040
- unsecured creditorsnote: Document states only the aggregate unsecured liability figure; no individual creditors are named. · page: 3 · as of: 2022-07-13 · basis: Per Debtor's Statement of Affairs dated July 13, 2022, confirmed in Trustee's Estimated Realization (Schedule A) · amount: 85040 · debtor: 1499520 Alberta Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD