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What we verified from this filing5 verified
- court file no31-3356419
- financial positionnote: Deficiency of $2,200,402.54 disclosed; secured creditors line totals $1,800,001.00, preferred/priorities $0.00, unsecured creditors $277,657.54, contingent/trust/other liabilities $1,832,744.00 · page: 10 · as at: 2026-05-05 · basis: totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor (Form 78 Statement of Affairs) · scope: entity-level: 1597527 Ontario Ltd. (bankrupt corporation) · currency: CAD · total assets: 1710000 · total liabilities: 3910402.54
- secured creditorsnote: Claim recorded as contingent/trust liability (secured column = $0) arising from a GSA securing related companies' debts with TD; related-party/cross-guarantee exposure, not a currently crystallized secured balance · page: 12 · as of: 2026-05-05 · amount: 1832744 · debtor: 1597527 Ontario Ltd. · creditor: The Toronto-Dominion Bank (TD Auto Finance) · currency: CAD · security: General Security Agreement
- secured creditorsnote: Listed as secured on Statement of Affairs; date given/incurred 08-Apr-2026 · page: 12 · as of: 2026-04-08 · amount: 2731 · debtor: 1597527 Ontario Ltd. · creditor: Municipality of Dysart et al · currency: CAD · security: Municipal property tax claim secured against real property (asset no. 701 - 13533 Hwy 118, Haliburton, ON)
- secured creditorsnote: Total claim of $2,067,775.01 bifurcated: $1,797,270.00 secured / $270,505.01 unsecured due to security valuation shortfall (estimated deficit from security of -$270,505.01); date given 16-Dec-2021 · page: 12 · as of: 2021-12-16 · amount: 1797270 · debtor: 1597527 Ontario Ltd. · creditor: The Toronto-Dominion Bank (TD Auto Finance) · currency: CAD · security: Real property mortgage/hypothec over asset nos. 701, 501 (Haliburton real property, incl. intercompany loan asset)