Nova Scotia · Bankruptcy
Notice to Creditors
Notice to creditors · 21 February 2024
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What we verified from this filing11 verified
- financial positionnote: Total assets $507,602.00; Total liabilities $761,202.50; Deficiency $253,600.50. Liabilities comprise: unsecured creditors per List A $2.00 plus balance of secured claims per List B $253,598.50 = total unsecured creditors $253,600.50; secured creditors per List B $507,602.00; preferred creditors (List C) nil. Adjudged bankrupt by order of the Supreme Court of Nova Scotia dated 4 January 2024 (Hfx No. 527987). · page: 3 · as at: 2024-01-04 · basis: Form 78 Statement of Affairs, as stated and estimated by the officer (sworn 20 February 2024) · scope: Single entity — Kelsey Lynne Fisheries Ltd · currency: CAD · total assets: 507602 · total liabilities: 761202.5
- unsecured creditorsnote: Unsecured deficiency (balance of claim) of Coastal's secured claim in List B — total claim $701,622.14, estimated value of security $448,024.64; bifurcated claim · page: 4 · as of: 2024-01-04 · basis: Statement of Affairs (Form 78) List A – Unsecured Creditors, as stated and estimated by the officer · amount: 253597.5 · debtor: Kelsey Lynne Fisheries Ltd · creditor: Coastal Financial Credit Union - Tusket · currency: CAD
- unsecured creditorsnote: Canada Revenue Agency (deemed trust / tax authority); amount stated as nominal $1.00 · page: 4 · as of: 2024-01-04 · basis: Statement of Affairs (Form 78) List A – Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: CRA - Tax - Atlantic (Canada Revenue Agency) · currency: CAD
- unsecured creditorsnote: Amount stated as nominal $1.00 · page: 4 · as of: 2024-01-04 · basis: Statement of Affairs (Form 78) List A – Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: Nova Scotia Power · currency: CAD
- unsecured creditorsnote: Balance of claim (unsecured deficiency of the POS System security in List B); amount stated as nominal $1.00 · page: 4 · as of: 2024-01-04 · basis: Statement of Affairs (Form 78) List A – Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: The Bank of Nova Scotia · currency: CAD
- secured creditorsnote: Estimated value of security $34,888.99 (fully covers the claim) · page: 5 · as of: 2024-01-04 · amount: 34888.99 · debtor: Kelsey Lynne Fisheries Ltd · creditor: Acadian Plumbing, Heating & Electrical Limited · currency: CAD · security: Real property / immovable — Building, Tusket, 144 South Belleville Rd; security given 30-May-2019
- secured creditorsnote: Amount stated as nominal $1.00; estimated value of security $0.00 — unsecured deficiency $1.00 also listed in List A · page: 5 · as of: 2024-01-04 · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: The Bank of Nova Scotia · currency: CAD · security: Other — POS System; security given 04-Jan-2024
- secured creditorsnote: Claim bifurcated by security valuation: estimated value of security $448,024.64; unsecured deficiency $253,597.50 ranks in List A. Applicant creditor on the bankruptcy order. · page: 5 · as of: 2024-01-04 · amount: 701622.14 · debtor: Kelsey Lynne Fisheries Ltd · creditor: Coastal Financial Credit Union - Tusket · currency: CAD · security: Real property / immovable — Building, Tusket, 144 South Belleville Rd; security given 04-Jan-2024
- secured creditorsnote: Equipment financier (PMSI); amount stated as nominal $1.00; estimated value of security $1.00 · page: 5 · as of: 2024-01-04 · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: CWB National Leasing Inc. (formerly National Leasing Group Inc.) · currency: CAD · security: Motor vehicle / equipment — 2018 Screen King Ultra Screener, serial DJM061118; security given 13-May-2020
- secured creditorsnote: Amount stated as nominal $1.00; estimated value of security $1.00 · page: 5 · as of: 2024-01-04 · amount: 1 · debtor: Kelsey Lynne Fisheries Ltd · creditor: LBEL Inc. · currency: CAD · security: Other — POS System; security given 25-Jul-2018
- secured creditorsnote: Municipal property tax claim (secured on real property); estimated value of security $24,686.37 · page: 5 · as of: 2024-01-04 · amount: 24686.37 · debtor: Kelsey Lynne Fisheries Ltd · creditor: Municipality of Argyle · currency: CAD · security: Real property / immovable — Building, Tusket, 144 South Belleville Rd; security given 04-Jan-2024