British Columbia · Bankruptcy
VK Linehaul Preliminary Report to Creditors
Court officer report · 10 August 2026
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What we verified from this filing5 verified
- financial positionnote: The Company's assets were taken into possession of the Receiver; the Trustee currently holds no Estate assets · page: 2 · basis: Statement of Affairs filed in the bankruptcy reported NIL assets · scope: VK Linehaul Ltd. (bankrupt estate) · currency: CAD · total assets: 0
- secured creditorsnote: Statement of Affairs reported Nil for secured creditors; RBC filed proof of claim on August 10, 2026 (report date) for $373,154.72, submitted August 10, 2026 · page: 2 · as of: 2026-08-10 · amount: 373154.72 · debtor: VK Linehaul Ltd. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: General collateral over a significant amount of the Company's present and after acquired personal property
- secured creditorsnote: Deemed trust claim (priority class); Trustee's estimate of unpaid withheld payroll remittances is approximately $575,000; no proof of claim received to date from CRA in relation to this claim · page: 2 · amount: 575000 · debtor: VK Linehaul Ltd. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim over unremitted payroll source deductions; ranks in priority to claims of all other creditors
- unsecured creditorsnote: Document names no individual creditors; proofs of claim filed to date total $126,756.18, a materially lower figure pending further claims processing · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 4328142.97 · debtor: VK Linehaul Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Preferred/secured priority claim for wages, vacation pay and other compensation in six-month period preceding bankruptcy; being administered through WEPP and receivership · page: 3 · basis: Section 81.3(1) BIA priority claim, secured to the extent of $2,000 by security over Other Property · amount: 2000 · debtor: VK Linehaul Ltd. · creditor: Employees (Claims of Wage Earners) · currency: CAD