British Columbia · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 15 August 2024
What we verified from this filing15 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date31 July 2024
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file no11-3111244
- proceeding typebia_bankruptcy
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Statement of Affairs reported: Secured Nil, Preferred Nil, Unsecured $1,019,707.06, Total $1,019,707; proofs of claim filed to date total $387,098.19 (secured $116,327.96, preferred nil, unsecured $270,770.23) - a different, smaller figure than the Statement of Affairs; Trustee states no preferred creditors noted. · page: 2 · basis: Statement of Affairs filed in the bankruptcy · scope: Woody's Hardwood Flooring Ltd. (single entity) · currency: CAD · total liabilities: 1019707
- secured creditorsnote: Trustee in process of corresponding to confirm claim; amount not stated · page: 2 · as of: 2024-08-09 · debtor: Woody's Hardwood Flooring Ltd. · creditor: De Lage Landen Financial Services Canada Inc. · currency: CAD · security: Registered security interest per BC PPR search
- secured creditorsnote: Trustee in process of corresponding to confirm claim; amount not stated · page: 2 · as of: 2024-08-09 · debtor: Woody's Hardwood Flooring Ltd. · creditor: Admiralty Leasing 2021 Inc. · currency: CAD · security: Registered security interest per BC PPR search
- secured creditorsnote: Deemed trust claim, ranks in priority to all other creditors; company records indicate approximately $170,000 owing; no proof of claim received yet from CRA to confirm amount · page: 2 · as of: date of bankruptcy · amount: 170000 · debtor: Woody's Hardwood Flooring Ltd. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim over unremitted payroll source deductions
- secured creditorsnote: Trustee in process of corresponding to confirm claim; amount not stated · page: 2 · as of: 2024-08-09 · debtor: Woody's Hardwood Flooring Ltd. · creditor: Metro Leasing Corp. · currency: CAD · security: Registered security interest per BC PPR search
- unsecured creditorsnote: Document names no individual unsecured creditors; proofs of claim filed total only $270,770.23 as of report date (16 proofs of claim filed); total per Statement of Affairs including secured of $1,019,707 · page: 2 · as of: Statement of Affairs filed · basis: Statement of Affairs as reported · amount: 1019707 · debtor: Woody's Hardwood Flooring Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Unremitted GST ranks as general unsecured claim, distinct from deemed trust payroll claim · page: 3 · as of: date of bankruptcy · basis: Company records as reported by Trustee · amount: 46000 · debtor: Woody's Hardwood Flooring Ltd. · creditor: Canada Revenue Agency (CRA) - GST · currency: CAD
- provinceBritish Columbia