Ontario · Bankruptcy
Notice of Bankruptcy
Notice to creditors · 11 November 2024
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What we verified from this filing19 verified
- appointeeCrowe Soberman Inc.
- appointee roletrustee
- commencement date6 November 2024
- court file no31-3150331
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total unsecured creditors line reported as $769,621.28; total liabilities (including secured, preferred/priorities of $0.00, and unsecured) reported as $966,371.28; deficiency of $769,621.28 reported · page: 2 · as at: 2024-10-24 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · scope: Entity - Bolivar Construction & Landscape Corporation · currency: CAD · total assets: 196750 · total liabilities: 966371.28
- secured creditorsnote: Statement of Affairs (Form 78) as reported; total claim $71,262.61 with deficiency shown as -36,282.61 (undersecured) · page: 4 · as of: 2024-10-24 · amount: 36282.61 · debtor: Bolivar Construction & Landscape Corporation · creditor: Scotiabank · currency: CAD · security: Vehicle Loan - 2021 RAM 1500 Classic (asset #802), estimated value $34,980.00; loan dated 22-Oct-2021
- secured creditorsnote: Statement of Affairs (Form 78) as reported; total claim $79,413.05 with deficiency shown as -40,613.05 (undersecured) · page: 4 · as of: 2024-10-24 · amount: 40613.05 · debtor: Bolivar Construction & Landscape Corporation · creditor: Scotiabank · currency: CAD · security: Vehicle Loan - 2022 RAM 1500 Classic (asset #803), estimated value $38,800.00; loan dated 11-Oct-2022
- secured creditorsnote: Statement of Affairs (Form 78) as reported; total claim $94,036.50 with $28,041.50 secured/deficiency and estimated surplus from security shown as -28,041.50 (undersecured) · page: 4 · as of: 2024-10-24 · amount: 28041.5 · debtor: Bolivar Construction & Landscape Corporation · creditor: TD Auto Finance - VFC · currency: CAD · security: Vehicle Loan - 2022 RAM 2500 (asset #801), estimated value $65,995.00; loan dated 19-Oct-2021
- unsecured creditorsnote: Vendor claim · page: 4 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 7016.85 · debtor: Bolivar Construction & Landscape Corporation · creditor: Rotondo & Associates Inc., Accountants & Business Consultants · currency: CAD
- unsecured creditorsnote: Deemed trust - Federal/Provincial/Municipal taxes · page: 4 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 535688.18 · debtor: Bolivar Construction & Landscape Corporation · creditor: CRA - Tax (Ontario) · currency: CAD
- unsecured creditorsnote: Credit card - vendor claim · page: 4 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 7712.62 · debtor: Bolivar Construction & Landscape Corporation · creditor: Esso l'Imperiale (c/o FCT Default Solutions) · currency: CAD
- unsecured creditorsnote: Finance company loan, unsecured · page: 4 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 33373.77 · debtor: Bolivar Construction & Landscape Corporation · creditor: Merchant Opportunities Fund Limited Partnership · currency: CAD
- secured creditorsnote: Statement of Affairs (Form 78) as reported; total claim $65,427.43 with deficiency shown as -30,447.43 (undersecured) · page: 5 · as of: 2024-10-24 · amount: 30447.43 · debtor: Bolivar Construction & Landscape Corporation · creditor: RBC Royal Bank · currency: CAD · security: Vehicle Loan - 2021 RAM 1500 Classic (asset #805), estimated value $34,980.00; loan dated 29-Oct-2021
- secured creditorsnote: Statement of Affairs (Form 78) as reported; total claim $48,015.42 with deficiency shown as -26,020.42 (undersecured) · page: 5 · as of: 2024-10-24 · amount: 26020.42 · debtor: Bolivar Construction & Landscape Corporation · creditor: RBC Royal Bank · currency: CAD · security: Vehicle Loan - 2019 RAM 1500 Classic Silver (asset #804), estimated value $21,995.00; loan dated 25-Oct-2022
- unsecured creditorsnote: Bank overdraft · page: 5 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 930 · debtor: Bolivar Construction & Landscape Corporation · creditor: TD Canada Trust (c/o FCT Default Solutions) · currency: CAD
- unsecured creditorsnote: Bank overdraft · page: 5 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 200 · debtor: Bolivar Construction & Landscape Corporation · creditor: Scotiabank (c/o Canaccede International Management Ltd.) · currency: CAD
- unsecured creditorsnote: Vendor claim · page: 5 · as of: 2024-10-24 · basis: Statement of Affairs (Form 78) as reported by bankrupt · amount: 23294.85 · debtor: Bolivar Construction & Landscape Corporation · creditor: Sunbelt Rentals of Canada Inc. · currency: CAD