Alberta · Bankruptcy

Creditor's Package

Meeting materials · 8 September 2016

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appointeeMNP Ltd.
appointee roletrustee
commencement date7 September 2016
court file no24-2163565
proceeding typebia_bankruptcy
provinceAlberta
statutory basissection 49 of the Bankruptcy and Insolvency Act
statutory basisBankruptcy and Insolvency Act
financial positionnote: Deficiency stated as $437,345.41. Liabilities comprise: unsecured creditors $414,974.38 plus $1.00 balance of secured claims (List B) = $414,975.38 total unsecured; secured creditors $56,005.00; preferred creditors $0.00; contingent/trust/other liabilities $210,000.00 (CRA deemed trust claim). Surplus line marked NIL. · page: 4 · as at: 2016-09-02 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer, sworn/declared by Ryan McDonald · scope: Delta Electric Ltd (entity-level bankrupt estate) · currency: CAD · total assets: 243634.97 · total liabilities: 680980.36
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 5960.02 · debtor: Delta Electric Ltd · creditor: The Cat Rental Store · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 2480.41 · debtor: Delta Electric Ltd · creditor: Paladin Security Group Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 172.07 · debtor: Delta Electric Ltd · creditor: Purolator Courier Limited · currency: CAD
unsecured creditorsnote: Related party: Ryan McDonald appears to be principal/officer of the bankrupt (signed the Statement of Affairs) · page: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 14028.15 · debtor: Delta Electric Ltd · creditor: Ryan McDonald - Mastercard · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 499.29 · debtor: Delta Electric Ltd · creditor: Spruceland Lumber · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 247.21 · debtor: Delta Electric Ltd · creditor: Telus Communications - Corporate · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 621.37 · debtor: Delta Electric Ltd · creditor: The Bolt Supply House Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 1729.88 · debtor: Delta Electric Ltd · creditor: Tony Sinclair · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 2525.25 · debtor: Delta Electric Ltd · creditor: Total Integration Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 8159.43 · debtor: Delta Electric Ltd · creditor: Tri-Ed Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 47723.64 · debtor: Delta Electric Ltd · creditor: Altech Voice and Data · currency: CAD
unsecured creditorsnote: See also separate deemed trust claim of $210,000.00 listed under List 'D' Contingent or Other Liabilities · page: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 28395.59 · debtor: Delta Electric Ltd · creditor: CRA - Canada Revenue Agency - Tax - Prairie · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 11560.5 · debtor: Delta Electric Ltd · creditor: DC Wiring Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 15306.35 · debtor: Delta Electric Ltd · creditor: Eecol Electric Corp · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 123.39 · debtor: Delta Electric Ltd · creditor: Fort McMurray Construction Association · currency: CAD
unsecured creditorsnote: Balance of claim $1.00 shown; also secured for $1.00 per List 'B' · page: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 1834.97 · debtor: Delta Electric Ltd · creditor: Fountain Tire · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 136649.45 · debtor: Delta Electric Ltd · creditor: Gescan · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 1480.74 · debtor: Delta Electric Ltd · creditor: Gregg Distributors · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 2525 · debtor: Delta Electric Ltd · creditor: Hamilton & Rosenthal Chartered Accountants · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 3675 · debtor: Delta Electric Ltd · creditor: KSJ Engineering · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 16826.25 · debtor: Delta Electric Ltd · creditor: Marathon Ventilation · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 24079.96 · debtor: Delta Electric Ltd · creditor: Nedco · currency: CAD
unsecured creditorspage: 5 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 44673.13 · debtor: Delta Electric Ltd · creditor: Nordic Mechanical Services Ltd · currency: CAD
unsecured creditorspage: 6 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 514.5 · debtor: Delta Electric Ltd · creditor: Tristar Hydrovacs Ltd · currency: CAD
unsecured creditorspage: 6 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 326.98 · debtor: Delta Electric Ltd · creditor: United Class Cabs · currency: CAD
unsecured creditorspage: 6 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 165 · debtor: Delta Electric Ltd · creditor: Water Pure and Simple Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 17979.05 · debtor: Delta Electric Ltd · creditor: Tyco Integrated Fire & Security · currency: CAD
unsecured creditorspage: 6 · as of: 2016-09-02 · basis: Statement of Affairs, List 'A' Unsecured Creditors as stated and estimated by the officer · amount: 24712.8 · debtor: Delta Electric Ltd · creditor: Watkins Furnace Cleaning · currency: CAD
secured creditorsnote: List 'B' Secured Creditors as stated and estimated by the officer; estimated value of security $56,005.00; estimated surplus from security $187,629.97 · page: 7 · as of: 2016-09-02 · amount: 56000 · debtor: Delta Electric Ltd · creditor: Community Futures East Parkland · currency: CAD · security: Debts due (accounts receivable) from various account debtors; real property/immovable - Land, Lac La Biche County, Condominium Plan 0825293, Unit 141; business assets/machinery (scissor lifts, cargo trailers)
secured creditorsnote: List 'B' Secured Creditors as stated and estimated by the officer · page: 8 · as of: 2016-09-02 · amount: 5 · debtor: Delta Electric Ltd · creditor: Ford Credit Canada Limited · currency: CAD · security: Motor vehicles - automobiles (2013/2014 Ford F150, Ford Expedition) per VINs listed
secured creditorsnote: List 'B' Secured Creditors as stated and estimated by the officer; also appears as unsecured creditor for $1,833.97 with $1.00 balance of claim · page: 8 · as of: 2016-09-02 · amount: 1 · debtor: Delta Electric Ltd · creditor: Fountain Tire · currency: CAD · security: Motor vehicle - Automobile - 2013 Ford F150, 1FTFW1EF2DKD75295
unsecured creditorsnote: Deemed trust claim (nature of liability stated as 'DEEMED TRUST CLAIM') · page: 10 · as of: 2016-09-02 · basis: Statement of Affairs, List 'D' Contingent or Other Liabilities as stated and estimated by the officer · amount: 210000 · debtor: Delta Electric Ltd · creditor: CRA - Canada Revenue Agency - Tax - Prairie RP · currency: CAD