Alberta · Bankruptcy
Statement of Affairs
Statement of affairs · 2 May 2022
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What we verified from this filing20 verified
- commencement date2 May 2022
- financial positionnote: Assets $135,936.00: inventory $73,600.00; accounts receivable (good) $20,000.00; machinery and warehouse equipment $40,460.00; office furnishings $1,875.00; vehicle $1.00 (placeholder). Liabilities $728,963.70: unsecured $388,667.19; secured $135,936.00; balance of secured claims $114,064.00; and a CONTINGENT List “D” claim — CRA Prairies (893206367RP0001) $90,296.51, nature “Deemed Trust”, expected to rank for dividend $0.00 — recorded here rather than as a claim row. Deficiency $593,027.70. Flooring retailer, Fort McMurray, Alberta. · page: 1 · as at: 2022-05-02 · basis: Form 78 Statement of Affairs, as stated and estimated by the officer, sworn May 2, 2022. · scope: Romeo's Flooring & Stone Inc. (entity level) · currency: CAD · total assets: 135936 · total liabilities: 728963.7
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 1388.57 · debtor: Romeo's Flooring & Stone Inc. · creditor: Acden Enviromental · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 4641.55 · debtor: Romeo's Flooring & Stone Inc. · creditor: Ames Tile & Stone · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 5272.19 · debtor: Romeo's Flooring & Stone Inc. · creditor: Dal-Tile Canada · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 318.94 · debtor: Romeo's Flooring & Stone Inc. · creditor: Euro Ceramic Tile · currency: CAD
- unsecured creditorsnote: Landlord. · page: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 215444.29 · debtor: Romeo's Flooring & Stone Inc. · creditor: Farris Investments Ltd · currency: CAD
- unsecured creditorsnote: The stated amount of $1.00 is a placeholder, not a measured balance. Shareholder loan; individual creditor. · page: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 1 · debtor: Romeo's Flooring & Stone Inc. · creditor: Julieta Ranger · currency: CAD
- unsecured creditorsnote: The stated amount of $1.00 is a placeholder, not a measured balance. Shareholder loan; individual creditor — the deponent of this Statement of Affairs. · page: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 1 · debtor: Romeo's Flooring & Stone Inc. · creditor: Kelly Ranger · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 11981.86 · debtor: Romeo's Flooring & Stone Inc. · creditor: MNP c/o Stewart, Aulinger & Company · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 11249.15 · debtor: Romeo's Flooring & Stone Inc. · creditor: Primco · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 5488.04 · debtor: Romeo's Flooring & Stone Inc. · creditor: Prowse Chowne LLP · currency: CAD
- unsecured creditorsnote: List “A” shows unsecured claim $0.00 with balance of claim $114,064.00 — the shortfall of its List “B” secured claim. · page: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 114064 · debtor: Romeo's Flooring & Stone Inc. · creditor: RBC Royal Bank · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 57.75 · debtor: Romeo's Flooring & Stone Inc. · creditor: Rosedale Transport Ltd · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 4372.55 · debtor: Romeo's Flooring & Stone Inc. · creditor: Shaw Business · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 3503.99 · debtor: Romeo's Flooring & Stone Inc. · creditor: TIERRA SOL CER TILE LTD · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 116906.2 · debtor: Romeo's Flooring & Stone Inc. · creditor: Universal Stone Fabricators Inc. · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 1272.86 · debtor: Romeo's Flooring & Stone Inc. · creditor: Olympia Tile International · currency: CAD
- unsecured creditorspage: 2 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 6767.25 · debtor: Romeo's Flooring & Stone Inc. · creditor: 1988266 Alberta Ltd · currency: CAD
- secured creditorspage: 3 · as of: 2022-05-02 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), sworn May 2, 2022 by Kelly Ranger; A. Farber & Partners Inc. trustee. List “A” stated totals $388,667.19 unsecured claims / $114,064.00 balance of claim / $502,731.19 total; List “B” secured claim $250,000.00 against security valued at $135,936.00. · amount: 250000 · debtor: Romeo's Flooring & Stone Inc. · creditor: RBC Royal Bank · currency: CAD · security: List “B”: inventory (stock in trade) $73,600.00; machinery — warehouse equipment $40,460.00; accounts receivable $20,000.00; office furnishings $1,875.00; vehicle $1.00 — estimated value of security $135,936.00; estimated surplus $0.00; balance of claim $114,064.00.