Ontario · Bankruptcy
Notice to Creditors - Tamwood Intl College
Notice to creditors · 5 October 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- financial positionnote: Assets: cash on hand 245,190.16; other listed assets (accounts receivable, prepaid, intangibles, equipment, software, fixtures) carried at nominal $1.00 each. Liabilities: secured 245,196.16; preferred 0.00; unsecured 135,323,886.02; contingent/trust 0.00. Stated deficiency -135,323,886.02. The form's footer and some headers refer to 'International Language Academy of Canada Inc.' as trustee estate name; the debtor on the form is Tamwood International College Ltd. · as at: 2026-09-30 · basis: Form 78 Statement of Affairs (Original), 'as stated and estimated by bankrupt/debtor'; sworn/declared by the debtor, not audited · scope: Single entity: Tamwood International College Ltd. (statement of affairs for the bankrupt corporation) · currency: CAD · total assets: 245196.16 · total liabilities: 135569082.18