New Brunswick · Bankruptcy
Trustee's Report to Creditors
Court officer report · 9 April 2026
What we verified from this filing12 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date25 March 2026
- courtIN THE COURT OF KING’S BENCH OF NEW BRUNSWICK
- financial positionnote: Total liabilities figure is the Statement of Affairs total ($1 secured + Nil preferred + $333,244 unsecured = $333,245), as stated by the document; as of the report date only $82,081 in proofs of claim had actually been filed ($Nil secured, $6,900 preferred, $75,181 unsecured). Assets comprise cash held with RBC (subject to a third-party trust claim/injunction dispute) and a vehicle. · page: 1 · as at: Statement of Affairs · basis: Statement of Affairs as reported (unaudited) · scope: entity - Vanwart Management Ltd. (bankrupt estate) · currency: CAD · total assets: 118594 · total liabilities: 333245
- proceeding typebia_bankruptcy
- statutory basissection 49 of the Bankruptcy and Insolvency Act
- statutory basissection 49 of the BIA
- secured creditorsnote: Management did not report any amount owing to HSBC; Statement of Affairs listed secured creditors at a nominal $1; HSBC had not submitted a proof of claim as of the report date. · page: 2 · as of: date of this report (proofs of claim not yet filed) · debtor: Vanwart Management Ltd. · creditor: HSBC Bank Canada · currency: CAD · security: General Security Agreement (registered against the Company per NB PPSA search)
- unsecured creditorsnote: Document names no individual unsecured creditors. Proofs of claim filed to date (as at report date, April 9, 2026) total $75,181 against this reported figure. · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 333244 · debtor: Vanwart Management Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Reported as arrears for unremitted HST, ranking as a general unsecured claim (not deemed trust, since payroll source deductions were reportedly fully remitted). Included within the $333,244 unsecured aggregate above; CRA had not yet submitted a proof of claim as of the report date. · page: 3 · as of: Statement of Affairs · basis: Statement of Affairs as reported · amount: 10410 · debtor: Vanwart Management Ltd. · creditor: Canada Revenue Agency (HST arrears) · currency: CAD
- unsecured creditorsnote: Preferred creditor (landlord) - claim for unpaid lessor's arrears for the 3 months predating bankruptcy; ranks ahead of ordinary unsecured claims. Statement of Affairs had reported this class as Nil; the $6,900 reflects the amount actually filed. · page: 3 · as of: as filed (proof of claim, per report dated April 9, 2026) · basis: Preferred claim filed pursuant to section 136(1)(f) BIA · amount: 6900 · debtor: Vanwart Management Ltd. · creditor: Holland Investments Ltd. · currency: CAD