Alberta · Bankruptcy
Creditors Package
List of creditors · 27 February 2026
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What we verified from this filing23 verified
- appointeeMNP Ltd.
- appointee roletrustee
- commencement date23 February 2026
- court file no25-3337314
- proceeding typebia_bankruptcy
- provinceAlberta
- statutory basisSubsection 102(1) of the Act
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Liabilities comprise secured creditors $120,000.00 and unsecured creditors $1,274,759.56; resulting deficiency of $1,274,759.56 (labeled 'Surplus' on liabilities table but stated as Deficiency in assets section) · page: 5 · as at: 2026-02-23 · basis: Statement of Affairs (Form 78) - totals as stated and estimated by bankrupt/debtor · scope: Entity - 7161255 Canada Incorporated o/a King Athletics · currency: CAD · total assets: 120000 · total liabilities: 1394759.56
- unsecured creditorsnote: Nature of liability: Trade · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 40028.18 · debtor: 7161255 Canada Incorporated · creditor: EXPANSION ENTERPRISES CANADA INC. · currency: CAD
- unsecured creditorsnote: Nature of liability: Government · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: 7161255 Canada Incorporated · creditor: Government of Alberta · currency: CAD
- unsecured creditorsnote: Nature of liability: Trade · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 7467.07 · debtor: 7161255 Canada Incorporated · creditor: CANSEW INC. · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable / Finance; not designated deemed trust in this filing · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: 7161255 Canada Incorporated · creditor: CRA - Tax Prairies · currency: CAD
- unsecured creditorsnote: Nature of liability: Trade · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 741.47 · debtor: 7161255 Canada Incorporated · creditor: DIRECT ENERGY SERVICES · currency: CAD
- unsecured creditorsnote: Nature of liability: Owed rent · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 17870.53 · debtor: 7161255 Canada Incorporated · creditor: Dream Summit Industrial LP · currency: CAD
- unsecured creditorsnote: Nature of liability: Finance Company Loans · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: 7161255 Canada Incorporated · creditor: BMW Group Financial Services · currency: CAD
- unsecured creditorsnote: Nature of liability: Finance · page: 7 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 200000 · debtor: 7161255 Canada Incorporated · creditor: BDC · currency: CAD
- secured creditorsnote: Claim bifurcated secured/unsecured by security valuation - same creditor also holds an unsecured portion of $389,296.78 (total claim $509,296.78); debt given/incurred 12-Feb-2013 · page: 8 · as of: 2026-02-23 · amount: 120000 · debtor: 7161255 Canada Incorporated · creditor: TD Bank · currency: CAD · security: Security over assets listed as items 1101 (Inventory) and 1301 (Accounts receivable) per Form 78 asset schedule
- unsecured creditorsnote: Nature of liability: Trade · page: 8 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 400279.85 · debtor: 7161255 Canada Incorporated · creditor: ORATEX · currency: CAD
- unsecured creditorsnote: Nature of liability: Trade · page: 8 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 2252.28 · debtor: 7161255 Canada Incorporated · creditor: PACCANA ENTERPRISES LTD. · currency: CAD
- unsecured creditorsnote: Nature of liability: Trade · page: 8 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 213670.4 · debtor: 7161255 Canada Incorporated · creditor: LES TEXTILES CORALTEX INC · currency: CAD
- unsecured creditorsnote: Nature of liability: Trade · page: 8 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 3150 · debtor: 7161255 Canada Incorporated · creditor: TRISTAN COMMUNICATIONS LTD. · currency: CAD
- unsecured creditorsnote: Claim bifurcated secured/unsecured by security valuation - same creditor also holds a secured claim of $120,000.00 (total claim $509,296.78); debt given/incurred 12-Feb-2013 · page: 8 · as of: 2026-02-23 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 389296.78 · debtor: 7161255 Canada Incorporated · creditor: TD Bank · currency: CAD