Ontario · Bankruptcy
Trustee’s Preliminary Report to Creditors
Court officer report · 1 September 2022
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What we verified from this filing11 verified
- appointeeA. Farber & Partners Inc.
- appointee roleLicensed Trustee
- commencement date16 August 2022
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisBankruptcy and Insolvency Act
- financial positionnote: Assets stated as at date of bankruptcy per Statement of Affairs; total liabilities per Statement of Affairs is $496,012.64 (secured: nil, preferred: nil, unsecured: $253,594.00, contingent: $242,418.64); Trustee expresses no opinion on validity/exactness/reliability of books and records underlying these figures. Secured and preferred claims per Statement of Affairs stated as nil ('-'). · page: 2 · basis: Statement of affairs; realizable value estimates unaudited by Trustee · scope: entity - 2397043 Ontario Inc. cob Bindaas Capital · currency: CAD · total assets: 210002 · total liabilities: 496012.64
- unsecured creditorsnote: Document names no individual creditors. Proofs of claim filed with Trustee for unsecured claims total $80,473.40 (different, lower figure). · page: 2 · as of: date of bankruptcy · basis: Per Statement of Affairs · amount: 253594 · debtor: 2397043 Ontario Inc. cob Bindaas Capital · creditor: Unsecured creditors (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Contingent claims; no proofs filed with Trustee for this class ($0 filed). Document names no individual creditors. · page: 2 · as of: date of bankruptcy · basis: Per Statement of Affairs · amount: 242418.64 · debtor: 2397043 Ontario Inc. cob Bindaas Capital · creditor: Contingent claimants (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: unstated · quote: At this time, the Trustee is not able to determine the amount of funds available for distribution to preferred or unsecured creditors. · pct of: unstated · outcome: undetermined · class key: preferred · stated by: trustee · class label: preferred or unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2022-09-01 · table missing:
- secured creditors