British Columbia · Bankruptcy
Trustee's Report to Creditors
Court officer report · 7 July 2026
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What we verified from this filing11 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date19 June 2026
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: SOA reported total liabilities of $718,185 (secured $2, preferred nil, unsecured $718,183); as of the report date (July 6, 2026) one proof of claim had been filed, revising secured creditors to $22,218 filed (total filed $22,218 shown in filed column, unsecured/preferred nil filed). Sole asset: a leased vehicle with estimated fair market value of approximately $26,000. · page: 2 · as at: date of bankruptcy · basis: Statement of Affairs (SOA) as filed in the bankruptcy; sole asset value stated as an estimate · scope: entity - G-Funk8 Holdings Inc. · currency: CAD · total assets: 26000 · total liabilities: 718185
- secured creditorsnote: Deemed trust claim class; ranks in priority to all other creditors. No proof of claim received to date; Trustee cannot yet confirm the amount (if any) owing — status unknown, not a stated zero. · page: 2 · debtor: G-Funk8 Holdings Inc. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim over unremitted payroll source deductions
- secured creditorsnote: Amounts not itemized; Statement of Affairs lists secured creditors in aggregate at $2, with $22,218 filed to date across all secured claimants. Trustee does not anticipate recovering equity from either asset for unsecured creditors. · page: 2 · debtor: G-Funk8 Holdings Inc. · creditor: PPSA equipment financiers (PMSI class) — Ford Credit Canada Company; Boxx Modular LP · currency: CAD · security: Ford Credit Canada Company: Motor Vehicle (Ford Bronco), VIN 1FMDE5AH6NLA78157; Boxx Modular LP: Trailer, serial OSW101620CI01764
- secured creditorsnote: Amount not itemized; Statement of Affairs lists secured creditors in aggregate at $2, with $22,218 filed to date across all secured claimants — not attributable to this creditor individually. Trustee to review validity/amounts once claims filed. · page: 2 · debtor: G-Funk8 Holdings Inc. · creditor: Canadian Western Bank · currency: CAD · security: Registered security interest over all of the debtor's present and after-acquired personal property (blanket registration)