Ontario · Bankruptcy

Creditor Package

Meeting materials · 6 April 2023

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What we verified from this filing40 verified

commencement date4 April 2023
court file no32-2929947
provinceOntario
financial positionnote: Summary page states: Unsecured creditors per List 'A' $516,048.81, Total unsecured creditors $516,048.91, Secured creditors per List 'B' $0.00, Preferred creditors per List 'C' $0.00, Contingent/trust liabilities per List 'D' $0.00, Total liabilities $516,048.81, Surplus 'Nil'; Total assets stated as $0.00, Deficiency $516,048.81. The itemized List 'A' schedule (pages 4-5) sums to $511,048.81, a discrepancy of approximately $5,000 versus the summary page total; both figures as stated in the document are reported. List 'B' (Secured Creditors), List 'C' (Preferred Creditors for Wages/Rent) and List 'D' (Contingent or Other Liabilities) each show 'Total: 0.00' - i.e., nil balances as reported on the form. · page: 2 · as at: 2023-04-04 · basis: Statement of Affairs (Form 78) sworn/solemnly declared by Nelson De Andrade, officer of the bankrupt, as at the date of bankruptcy · scope: Entity - 1086556 Ontario Limited operating as Concord Furniture · currency: CAD · total assets: 0 · total liabilities: 516048.81
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 352.82 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Alectra (account 8817052340) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 491.3 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Bell Canada F-58 - Business (account 300062189) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 602.88 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Bell Canada F-58 - Business (account 9054558816-131) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 509.63 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Cannabeds Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 3390 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: CIRV Radio · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 210 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Clean Shine · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 53031.48 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Coast to Coast Furnishings · currency: CAD
unsecured creditorsnote: CRA claim; deemed-trust class · page: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: CRA - Tax - Ontario (13906xxx7 RC0001) · currency: CAD
unsecured creditorsnote: CRA claim; deemed-trust class · page: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: CRA - Tax - Ontario (13906xxx7 RP0001) · currency: CAD
unsecured creditorsnote: CRA claim; deemed-trust class · page: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 2000 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: CRA - Tax - Ontario (13906xxx7 RT0001) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 717.1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Creative Home Decor · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 3955 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Deco Style Distributors · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 9555.57 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Dream Time Bedding · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 96.26 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Bell Canada F-58 - Business (account 9054558816) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 9896.9 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: AFD Distributors · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 983.1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Alarmcontrol Securities · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1518.22 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Alectra (account 1276984034) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 6657.73 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Littlespills Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 15688.24 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Mazin Furniture Industries · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 3503 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Maga Imports · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 3473.89 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Mindstyle · currency: CAD
unsecured creditorsnote: Related party - officer/director of the bankrupt, who also signed/swore this Statement of Affairs · page: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 232427.34 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Nelson De Andrade · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 27566 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: RBC Royal Bank c/o Bankruptcy/Highway.com (Attn: Razel Bowen, account 14053540001) · currency: CAD
unsecured creditorsnote: CEBA (Canada Emergency Business Account) loan · page: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 60000 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: RBC Royal Bank c/o Bankruptcy/Highway.com (Attn: Razel Bowen, CEBA Loan) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 4882.6 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Richway · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Royal Bank of Canada (account 14053540001) · currency: CAD
unsecured creditorsnote: CEBA (Canada Emergency Business Account) loan · page: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Royal Bank of Canada (CEBA Loan) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 17707.1 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Sofa by Fancy · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1333.4 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Trendline Furniture · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 1474.97 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Wastoo · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 4350.5 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Wood Tech · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 21762.13 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Worldwide Home Furnishings · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 18946.31 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Kwality Imports · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 3602.56 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: International Furniture · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-04 · basis: Statement of Affairs (Form 78, List 'A' - Unsecured Creditors) as reported · amount: 358.78 · debtor: 1086556 Ontario Limited o/a Concord Furniture · creditor: Onhold Marketing · currency: CAD
secured creditors