Ontario · Bankruptcy

Notice to Creditors dated

Notice to creditors · 7 March 2024

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financial positionnote: Deficiency 32,616.06. Total liabilities 91,974.15 = List A unsecured 40,473.20 + balance of secured claims (List B) 1.00 + secured creditors (List B) 51,498.95 + preferred (List C) nil + contingent/trust claims (List D) 1.00. Assets: A/R est. to produce 4,785.94, deposits in financial institutions 500.61, furniture 1.00, vehicle 12,000.00, other property (Trust Claim Fund) 42,070.54. · page: 4 · as at: 2024-03-05 · basis: Form 78 — Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer; sworn/solemnly declared 5 March 2024 · scope: Single entity — Credit Bureau Collections Ltd. (City of Barrie, Ontario) · currency: CAD · total assets: 59358.09 · total liabilities: 91974.15
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Intact Insurance · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 7532.19 · debtor: Credit Bureau Collections Ltd. · creditor: Bank One Canada c/o Royal Bank of Canada · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 157.04 · debtor: Credit Bureau Collections Ltd. · creditor: Bell Mobility c/o FCT Default Solutions · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 146.13 · debtor: Credit Bureau Collections Ltd. · creditor: Brokerlink Insurance · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Canada Post Corporation · currency: CAD
unsecured creditorsnote: Account 101198646 RT0001. CRA GST/HST unsecured portion — deemed-trust / quasi-governmental class. Distinct from the secured CRA claim (9,428.41, List B). · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 2339.68 · debtor: Credit Bureau Collections Ltd. · creditor: Canada Revenue Agency — GST/HST, Jonquière (Quebec Insolvency Intake Centre) · currency: CAD
unsecured creditorsnote: Individuals. Dan Herbert is the officer who swore this Statement of Affairs — likely related party / shareholder loan (per Rule 10, individual names in note). · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 14800 · debtor: Credit Bureau Collections Ltd. · creditor: Dan Herbert & Janet Stead · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: De Lage Landen · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 382.56 · debtor: Credit Bureau Collections Ltd. · creditor: Equifax Canada Inc. · currency: CAD
unsecured creditorsnote: Address Muncie, IN, USA; amount stated in the CAD Form 78 as 100.00. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 100 · debtor: Credit Bureau Collections Ltd. · creditor: Finvi · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 71.19 · debtor: Credit Bureau Collections Ltd. · creditor: Francotyp-Postalia Canada Inc. · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Gage Print & Packaging · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Georgian Protection Services Ltd. · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Kempenfelt Imaging · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 6697.14 · debtor: Credit Bureau Collections Ltd. · creditor: Melchior Management 777 Corporation · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 128.22 · debtor: Credit Bureau Collections Ltd. · creditor: Ministry of Government and Consumer Services · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Advanced Voice and Data · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 371.32 · debtor: Credit Bureau Collections Ltd. · creditor: Alectra Utilities (formerly Horizon Utilities Corporation) · currency: CAD
unsecured creditorspage: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1057.47 · debtor: Credit Bureau Collections Ltd. · creditor: TransUnion of Canada · currency: CAD
unsecured creditorsnote: Listed in the 'balance of claim' column (1.00) — this is the unsecured deficiency of the RBC secured claim in List B; same nominal claim, not additive. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: RBC Royal Bank c/o BankruptcyHighway.com · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Rival Melcarm Group · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Stevenson Insurance · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Stewart Esten LLP · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Victor Canada · currency: CAD
unsecured creditorsnote: Nominal $1.00 as reported. · page: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Moneris · currency: CAD
unsecured creditorspage: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 223.57 · debtor: Credit Bureau Collections Ltd. · creditor: Orillia ProNet, Inc · currency: CAD
unsecured creditorspage: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 71.5 · debtor: Credit Bureau Collections Ltd. · creditor: Postalia Canada Inc · currency: CAD
unsecured creditorspage: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 6271.5 · debtor: Credit Bureau Collections Ltd. · creditor: Powell Jones Chartered Accountant · currency: CAD
unsecured creditorspage: 6 · as of: 2024-03-05 · basis: Form 78 Statement of Affairs, List A (Unsecured Creditors) as reported by the officer · amount: 111.69 · debtor: Credit Bureau Collections Ltd. · creditor: Quench Canada Inc. · currency: CAD
secured creditorsnote: Form 78 List B. Account no. 101198646 RP0001. CRA GST/HST — deemed-trust / quasi-governmental class. Claim shown as fully covered by security (est. value 9,428.41); no unsecured deficiency. as_of is bankruptcy date (5 March 2024); security valuation dated 2023-12-31. · page: 7 · as of: 2024-03-05 · amount: 9428.41 · debtor: Credit Bureau Collections Ltd. · creditor: Canada Revenue Agency — GST/HST, Jonquière (Quebec Insolvency Intake Centre) · currency: CAD · security: Particulars of security (when given 2023-12-31): Debts Due — Business — Account Receivables (est. value 4,785.94); Motor Vehicle — 2014 Chevrolet Express 2500 LT Cargo Van, VIN 1GAWGEFA7E1190631 (est. value 4,141.86, est. surplus 7,858.14); Cash in Bank — Royal Bank of Canada (est. value 500.61); Furniture (est. value 0.00, surplus 1.00). Total estimated value of security 9,428.41.
secured creditorsnote: Form 78 List B. Trust claimants — funds held in trust by the debtor (a collection agency); secured against the Trust Claim Fund (which also appears as 'Other property' asset of 42,070.54, List H). c/o 125 Bayfield St Unit 1, Barrie ON. · page: 7 · as of: 2024-03-05 · amount: 42070.54 · debtor: Credit Bureau Collections Ltd. · creditor: Trust Account Holders · currency: CAD · security: Other — Trust Claim Fund (estimated value of security 42,070.54)
secured creditorsnote: Form 78 List B. Nominal $1.00 as reported; security value nil, so the entire $1.00 is an unsecured deficiency (also carried in List A as creditor #24 'balance of secured claims 1.00'). Same nominal claim, not additive. · page: 7 · as of: 2024-03-05 · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: RBC Royal Bank c/o BankruptcyHighway.com · currency: CAD · security: Estimated value of security 0.00
unsecured creditorsnote: Contingent liability — employee litigation; nature of liability stated as 'Unclaimed'; nominal $1.00, amount expected to rank for dividend 0.00. Not part of List A unsecured total. · page: 9 · as of: 2024-03-05 · basis: Form 78 List D (Contingent, trust claims or other liabilities) as reported by the officer · amount: 1 · debtor: Credit Bureau Collections Ltd. · creditor: Lemieux Litigation (Employee Litigation) · currency: CAD