Ontario · Bankruptcy
Preliminary Report
Court officer report · 5 March 2025
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What we verified from this filing8 verified
- appointeeGoldhar & Associates Ltd.
- appointee roletrustee
- commencement date5 March 2025
- court file no32-3194409
- provinceOntario
- statutory basisSection 16(3) of the Bankruptcy and Insolvency Act
- financial positionnote: Total liabilities per Statement of Affairs: Unsecured Creditors 14/$403,183.11; Preferred Creditors -; Secured Creditors 1/$2,558.02; Deemed Trust Claim 1/$1.00; Total 16/$403,183.11. Intangible assets of $100,000 (franchise purchase price) reported as not recoverable. Equipment/furniture/fixtures book value ~$35,000 with liquidation value estimated ~$4,000 by appraiser (no offer received); Trustee has not taken possession of these assets. · basis: Statement of Affairs (Debtor's sworn statement); financial information as provided by the Bankrupt, neither reviewed nor audited · scope: entity - 1992789 Ontario Inc. · currency: CAD · total liabilities: 403183.11
- recovery outcomeentries: basis: estimated · quote: The Trustee does not anticipate any realization or distribution to the unsecured creditors at this time. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · conditional on: at this time · claims qualifier: unstated · table missing: