Ontario · Bankruptcy

Preliminary Report to First Meeting of Creditors

Court officer report · 4 September 2019

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What we verified from this filing2 verified

financial positionnote: As-at date given only as 'the date of bankruptcy' (not a specific date stated). Comparative Proofs of Claim filed to date (as at 5:00 p.m. September 4, 2019) totaled $180,422.31 (Secured $176,111.70; Preferred Nil; Unsecured $4,310.61), versus SOA figures Secured $177,611.38, Preferred Nil, Unsecured $367,420.00, Total $545,031.38. · basis: Statement of Affairs (SOA) · scope: S.E.A.M. Enterprises Ltd. only · currency: CAD · total assets: 37572.4 · total liabilities: 545031.38
recovery outcomeentries: basis: estimated · quote: As the secured creditor will suffer a shortfall, there are no anticipated realizations or distribution to unsecured creditors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: trustee · class label: secured creditor · creditor name: 1000 Islands Community Development Corporation · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As the secured creditor will suffer a shortfall, there are no anticipated realizations or distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2019-09-04 · table missing: