Alberta · Bankruptcy
Trustee Report to Creditors
Court officer report · 24 January 2022
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What we verified from this filing9 verified
- appointeeMNP Ltd.
- appointee roleTrustee
- commencement date7 January 2021
- court file no24-2794972
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- provinceAlberta
- financial positionnote: Components only, no total stated: furniture/tools/electronics ~$42,000; cash on hand (GIC with RBC) $2,082; deposit with developer ~$20,000 (claimed by developer post-default); funds in trust (Builder Lien Holdback and Seasonal Holdback) ~$47,000; accounts receivable ~$109,670 (Trustee does not believe collectible). Secured claims: RBC estimated $196,704; McNeill filed secured claim $1,171,874.94 (disputed/unresolved priority); ANHW and CCI advised no balances owed. · basis: Statement of Affairs (unaudited, as declared by the Bankrupt) · scope: Infiniti Master Builder Inc. (the Bankrupt), single entity · currency: CAD
- recovery outcomeentries: basis: estimated · quote: Based on the quantum of secured debt declared on the Statement of Affairs and the combined value of the assets, the Trustee does not anticipate that there will be a distribution to the unsecured creditors in the Bankrupt's estate. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-01-24 · table missing: