Ontario · Bankruptcy

Notice of Bankruptcy

Notice to creditors · 23 May 2024

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appointeeCrowe Soberman Inc.
appointee roletrustee
commencement date17 May 2024
court file no33-3081569
provinceOntario
statutory basisSubsection 102(1) of the Act
financial positionnote: Deficiency of $505,000.00 stated; liabilities comprise unsecured creditors $416,859.08, balance of secured claims $241,799.03, preferred creditors $254,736.63, and secured creditors $431,203.01; contingent/trust claims nil · page: 2 · as at: 2024-05-09 · basis: Statement of Affairs as stated and estimated by the officer (Nicholas Arthur Pol) · scope: Champagne Installations Inc. (entity level, single debtor) · currency: CAD · total assets: 839597.75 · total liabilities: 1344597.75
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 13740.78 · debtor: Champagne Installations Inc. · creditor: Clifton, Jim · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 259.78 · debtor: Champagne Installations Inc. · creditor: Cogeco Bankruptcies · currency: CAD
unsecured creditorsnote: HST account; separate deemed trust preferred claim (RP0001) also listed · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 81216.41 · debtor: Champagne Installations Inc. · creditor: CRA - Tax - Ontario (HST RT0001) · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 9303.96 · debtor: Champagne Installations Inc. · creditor: Day Contracting · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 3578.94 · debtor: Champagne Installations Inc. · creditor: Entryguard Doors · currency: CAD
unsecured creditorsnote: Represents unsecured surplus balance over secured claim on 2021 Ford F150 · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors (balance of claim) · amount: 14000 · debtor: Champagne Installations Inc. · creditor: Ford Credit Canada Limited · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 563.19 · debtor: Champagne Installations Inc. · creditor: Georgian Waste Services · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 627.16 · debtor: Champagne Installations Inc. · creditor: Kirst, Cameron · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 12248.61 · debtor: Champagne Installations Inc. · creditor: KV Windows and Doors · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 1635.68 · debtor: Champagne Installations Inc. · creditor: LE Bookkeeping · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 3332.59 · debtor: Champagne Installations Inc. · creditor: Lamb, Cody · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 26260.27 · debtor: Champagne Installations Inc. · creditor: Art Pol · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 1976.78 · debtor: Champagne Installations Inc. · creditor: Bell, Maggie · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 4986.34 · debtor: Champagne Installations Inc. · creditor: Big Red Works · currency: CAD
unsecured creditorsnote: Claim listed in US Funds · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 6825 · debtor: Champagne Installations Inc. · creditor: Bista Solutions Inc. · currency: USD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 324.87 · debtor: Champagne Installations Inc. · creditor: Casey, Ryan · currency: CAD
unsecured creditorspage: 3 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 412.45 · debtor: Champagne Installations Inc. · creditor: Clearview Self Storage · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 701.99 · debtor: Champagne Installations Inc. · creditor: Wallbank, Brayden · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 418.43 · debtor: Champagne Installations Inc. · creditor: Lindsay, Austin · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 1592.83 · debtor: Champagne Installations Inc. · creditor: McKinnon, Jesse · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 338.44 · debtor: Champagne Installations Inc. · creditor: Mena, Jorge · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 11665.31 · debtor: Champagne Installations Inc. · creditor: MPF · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 5043.45 · debtor: Champagne Installations Inc. · creditor: Neals Heating and Cooling · currency: CAD
unsecured creditorsnote: US address; currency not specified as USD on list but likely USD given address · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 917.21 · debtor: Champagne Installations Inc. · creditor: Odoo · currency: USD
unsecured creditorsnote: Unsecured surplus balance on secured vehicle loan (2020 Ford F150) · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors (balance of claim) · amount: 10454.87 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD
unsecured creditorsnote: Secured credit cards; security valued at nil, entire balance unsecured · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors (balance of claim) · amount: 45441.07 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD
unsecured creditorsnote: SRF558224168; unsecured balance after deducting security value · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors (balance of claim) · amount: 156031.57 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 8638.4 · debtor: Champagne Installations Inc. · creditor: RPM Automotive · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 7476.93 · debtor: Champagne Installations Inc. · creditor: Schmidt, James · currency: CAD
unsecured creditorsnote: Unsecured surplus balance on secured vehicle loan (2018 Chev Silverado) · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors (balance of claim) · amount: 15871.52 · debtor: Champagne Installations Inc. · creditor: Scotiabank · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 917.19 · debtor: Champagne Installations Inc. · creditor: Telus Residential/Business Services · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 39555.74 · debtor: Champagne Installations Inc. · creditor: Vinyl Window Designs · currency: CAD
unsecured creditorspage: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 157459.23 · debtor: Champagne Installations Inc. · creditor: Vinylguard Window & Doors · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 4 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 132 · debtor: Champagne Installations Inc. · creditor: Wallbank, Shelby · currency: CAD
unsecured creditorspage: 5 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 4475.2 · debtor: Champagne Installations Inc. · creditor: Zeus Electrical · currency: CAD
unsecured creditorspage: 5 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 1145.96 · debtor: Champagne Installations Inc. · creditor: Wawa Nesa Insurance · currency: CAD
unsecured creditorsnote: Employee claim; separate preferred wage claim also listed · page: 5 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 6795.99 · debtor: Champagne Installations Inc. · creditor: Wilson, Tristan · currency: CAD
unsecured creditorsnote: Regulatory (WSIB) · page: 5 · as of: 2024-05-09 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 2291.97 · debtor: Champagne Installations Inc. · creditor: Workplace Safety and Insurance Board · currency: CAD
secured creditorsnote: Estimated security value $9,916.43; surplus $2,083.57 · page: 6 · as of: 2024-05-09 · amount: 9916.43 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Motor Vehicle - 2018 Chevrolet Silverado 1500 LT Crew Cab 2WD (VIN 3GCUKREC8JG568416), given 27-Jun-2022
secured creditorsnote: Estimated security value $0.00; entire balance ($45,441.07) unsecured per List A · page: 6 · as of: 2024-05-09 · amount: 45441.07 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Business assets - 2021 Lightning Trailer, 2003 Chevrolet Silverado 1500, 2020 Haulmark Covered Trailer, Seamless Through Machine, Tools of Trade (secured credit cards), given 20-Apr-2022
secured creditorsnote: Estimated security value $24,000.00; balance of claim $10,454.87 unsecured per List A · page: 6 · as of: 2024-05-09 · amount: 34454.87 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Motor Vehicle - 2020 Ford F150 XLT Supercrew 4WD (VIN 1FTEW1EP1LFB93521), given 07-Oct-2021
secured creditorsnote: Estimated security value $28,000.00, estimated surplus $14,000.00 (surplus reflected as unsecured balance in List A) · page: 6 · as of: 2024-05-09 · amount: 42000 · debtor: Champagne Installations Inc. · creditor: Ford Credit Canada Limited · currency: CAD · security: Motor Vehicle - 2021 Ford F150 XLT Supercrew 4WD (VIN 1FTFW1E51MFC54452), given 10-Jun-2021
secured creditorsnote: Estimated security value $39,000.00 (12,000+9,000+7,000+7,000+4,000); balance $156,031.57 unsecured per List A · page: 7 · as of: 2024-05-09 · amount: 195031.57 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Business assets (SRF558224168) - Tools of Trade, Seamless Through Machine, 2021 Lightning Trailer, 2020 Haulmark Covered Trailer, 2003 Chevrolet Silverado 1500, given 20-Apr-2022
secured creditorsnote: Estimated security value $16,000.00; balance $15,871.52 unsecured per List A; claim administered via Canaccede International Management Ltd. · page: 7 · as of: 2024-05-09 · amount: 31871.52 · debtor: Champagne Installations Inc. · creditor: Scotiabank · currency: CAD · security: Motor Vehicle - 2018 Chevrolet Silverado 1500 LT Crew Cab 4WD (VIN 3GCUKRECXJG102440), given 26-Aug-2022
secured creditorsnote: Individual (non-institutional) mortgagees; surplus reported $110,713.42 against total property value · page: 7 · as of: 2024-05-09 · amount: 32515.37 · debtor: Champagne Installations Inc. · creditor: Sawarna, John & Patricia · currency: CAD · security: Real property - Building, Unit 5, 212 Van Buren Street, Kemptville, ON, given 16-May-2022 (second mortgage)
secured creditorsnote: First mortgage; fully secured (estimated value equals amount of claim) · page: 7 · as of: 2024-05-09 · amount: 281771.21 · debtor: Champagne Installations Inc. · creditor: RBC Royal Bank / Banque Royale · currency: CAD · security: Real property - Building, Unit 5, 212 Van Buren Street, Kemptville, ON, given 16-May-2022
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Schmidt, James · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Wallbank, Brayden · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 1299.82 · debtor: Champagne Installations Inc. · creditor: Wallbank, Shelby · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Wilson, Tristan · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Bell, Maggie · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Casey, Ryan · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Kirst, Cameron · currency: CAD
unsecured creditorsnote: Deemed Trust Claim (preferred); source deductions account distinct from HST unsecured claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 235436.81 · debtor: Champagne Installations Inc. · creditor: CRA - Tax - Ontario (RP0001) · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Lindsay, Austin · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: McKinnon, Jesse · currency: CAD
unsecured creditorsnote: Preferred employee wage claim · page: 8 · as of: 2024-05-09 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 2000 · debtor: Champagne Installations Inc. · creditor: Mena, Jorge · currency: CAD