Nova Scotia · Bankruptcy
Form 78 - Statement of Affairs.pdf
Statement of affairs · 18 December 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing43 verified
- commencement date18 December 2024
- financial positionnote: Deficiency of $828,779.62 stated on face of Form 78; secured creditors total $450,714.57, unsecured $828,783.62, preferred/priorities $0.00, contingent/trust claims $0.00 per summary page · page: 1 · as at: 2024-12-18 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: T.J's Electric Limited (single entity) · currency: CAD · total assets: 450718.57 · total liabilities: 1279498.19
- provinceNova Scotia
- statutory basisSubsection 49(2) and Paragraph 158(d) of the Act / subsections 50(2) and 62(1) of the Act
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 379.32 · debtor: T.J's Electric Limited · creditor: Classic Courier · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 1190.25 · debtor: T.J's Electric Limited · creditor: Bluewave Cleaning Services · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Bank Loans except real property mortgage (HASCAP) · amount: 206038.97 · debtor: T.J's Electric Limited · creditor: Business Development Bank of Canada - Atlantic · currency: CAD
- unsecured creditorsnote: Deemed trust class - CRA corporate taxes · page: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Corporate taxes (CRA) · amount: 104941.5 · debtor: T.J's Electric Limited · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 787.16 · debtor: T.J's Electric Limited · creditor: Chris Scott Automotive Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 919.1 · debtor: T.J's Electric Limited · creditor: AlumaSafway Inc · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 616.2 · debtor: T.J's Electric Limited · creditor: Anixter · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 12787.5 · debtor: T.J's Electric Limited · creditor: Credifax Atlantic Limited · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 202.4 · debtor: T.J's Electric Limited · creditor: Dan-X Recycling Ltd · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 48033.74 · debtor: T.J's Electric Limited · creditor: Eddy · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Owed wages · amount: 1 · debtor: T.J's Electric Limited · creditor: Employees (various) · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 5640.75 · debtor: T.J's Electric Limited · creditor: Grant Thornton LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 100197.81 · debtor: T.J's Electric Limited · creditor: Graybar · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 1 · debtor: T.J's Electric Limited · creditor: Halifax Regional Municipality · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 171.82 · debtor: T.J's Electric Limited · creditor: Hamster · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 747.5 · debtor: T.J's Electric Limited · creditor: Cutting Edge Applied Technology · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 7226.95 · debtor: T.J's Electric Limited · creditor: Contro Valve Equipment Inc · currency: CAD
- secured creditorsnote: Date given/incurred 10-Jun-2024; nominal $1.00 claim amount stated in schedule · page: 5 · as of: 2024-12-18 · amount: 1 · debtor: T.J's Electric Limited · creditor: Jim Pattison Industries Ltd. dba Jim Pattison Lease · currency: CAD · security: Lease (Other) over asset 803,804,805; estimated surplus $2.00
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 471.5 · debtor: T.J's Electric Limited · creditor: Premium Electric & Communications Inc · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 582.57 · debtor: T.J's Electric Limited · creditor: Jentronics Limited · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 67.97 · debtor: T.J's Electric Limited · creditor: Kent Building Supplies · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 9230.11 · debtor: T.J's Electric Limited · creditor: McLoughlan Supplies Limited · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 3000.38 · debtor: T.J's Electric Limited · creditor: National Energy Equipment Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 1 · debtor: T.J's Electric Limited · creditor: Nova Scotia Power · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 652.05 · debtor: T.J's Electric Limited · creditor: OneLink Technologies · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Gas Card · amount: 1515.18 · debtor: T.J's Electric Limited · creditor: Petro Canada · currency: CAD
- secured creditorsnote: Total claim listed as $727,615.00 (unsecured $276,901.43 + secured $450,713.57); estimated deficit on security -$204,286.43; date given/incurred 07-Mar-2023 · page: 6 · as of: 2024-12-18 · amount: 450713.57 · debtor: T.J's Electric Limited · creditor: TD Bank · currency: CAD · security: Bank loans except real property mortgage; General Security Agreement over assets 101,1301,101,501,502,503,504,505,506
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 3450 · debtor: T.J's Electric Limited · creditor: Sinor Engineering Corp. · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 145.61 · debtor: T.J's Electric Limited · creditor: Source Atlantic · currency: CAD
- unsecured creditorsnote: Bifurcated secured/unsecured claim; secured portion $450,713.57 recorded separately · page: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - unsecured portion of claim (bank loans except real property mortgage) · amount: 276901.43 · debtor: T.J's Electric Limited · creditor: TD Bank · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 18130.23 · debtor: T.J's Electric Limited · creditor: The Panel Shop · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 82.8 · debtor: T.J's Electric Limited · creditor: Tool Shed Sales and Rentals Inc · currency: CAD
- unsecured creditorsnote: Related party (shareholder) · page: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Shareholder Loans and Due to/from Shareholders · amount: 1 · debtor: T.J's Electric Limited · creditor: Shareholder Loans (Various) · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 343.87 · debtor: T.J's Electric Limited · creditor: White Cap Supply Canada Inc · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 94.02 · debtor: T.J's Electric Limited · creditor: RGB Strait Ventures Inc (KKP) · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 916.29 · debtor: T.J's Electric Limited · creditor: Rapco Services Limited · currency: CAD
- unsecured creditorspage: 6 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 1861.97 · debtor: T.J's Electric Limited · creditor: Scotia Sign Worx Lighting and Maintenance · currency: CAD
- unsecured creditorspage: 7 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Workers Compensation Dues · amount: 3021.28 · debtor: T.J's Electric Limited · creditor: Workers Compensation Board of Nova Scotia · currency: CAD
- unsecured creditorspage: 7 · as of: 2024-12-18 · basis: Statement of Affairs as reported - Trade AP · amount: 18431.39 · debtor: T.J's Electric Limited · creditor: Wilsons Security · currency: CAD