Ontario · Bankruptcy

Notice of Bankruptcy and First meeting of Creditors

Notice to creditors · 28 August 2018

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appointeeMNP Ltd.
appointee roletrustee
commencement date28 August 2018
court file no35-2414103
proceeding typebia_bankruptcy
provinceOntario
statutory basisSubsection 102(1) of the Act
statutory basisNotice of Bankruptcy, First Meeting of Creditors (Subsection 102(1) of the Act)
financial positionnote: Deficiency of $130,795.42 stated; total unsecured creditors $932,695.98, balance of secured claims $121,549.44, preferred creditors nil, contingent/trust claims nil per Statement of Affairs · page: 2 · as at: 2018-08-27 · basis: Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer · scope: Dew Point Insulation Systems Inc. (single entity) · currency: CAD · total assets: 923450 · total liabilities: 1054245.42
secured creditorsnote: Listed as secured on Creditor Mailing List; total balance of secured claims per Statement of Affairs (List B) is $121,549.44 · page: 3 · as of: 2018-08-28 · amount: 50000 · debtor: Dew Point Insulation Systems Inc. · creditor: CIBC · currency: CAD
secured creditorsnote: Deemed trust / secured claim per Creditor Mailing List · page: 3 · as of: 2018-08-28 · amount: 67549.44 · debtor: Dew Point Insulation Systems Inc. · creditor: CRA - Tax - Ontario · currency: CAD
secured creditorsnote: Secured employee claims per employee list, per Creditor Mailing List · page: 3 · as of: 2018-08-28 · amount: 4000 · debtor: Dew Point Insulation Systems Inc. · creditor: Employee Claims · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 101798.17 · debtor: Dew Point Insulation Systems Inc. · creditor: General Insulation Company · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Hydro One · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 312.31 · debtor: Dew Point Insulation Systems Inc. · creditor: Impro Insulation Contractors · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 52000 · debtor: Dew Point Insulation Systems Inc. · creditor: International Association of Heat & Frost Insulators & Allied Workers, Local 95 · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 508.5 · debtor: Dew Point Insulation Systems Inc. · creditor: Jordahl Canada Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: MacKenzie Investments · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1032.73 · debtor: Dew Point Insulation Systems Inc. · creditor: Esso - Imperial Oil · currency: CAD
unsecured creditorsnote: Unsecured portion of employee claims, per employee list · page: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 419062 · debtor: Dew Point Insulation Systems Inc. · creditor: Employee Claims · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: EHT Ontario Employer Health Tax · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Eh!Tel Networks Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 38750.32 · debtor: Dew Point Insulation Systems Inc. · creditor: Crossroads C&I Distributors · currency: CAD
unsecured creditorsnote: Separate CRA unsecured claim listed distinctly from prior CRA entry · page: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 66402.94 · debtor: Dew Point Insulation Systems Inc. · creditor: CRA - Tax - Ontario · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 11313.3 · debtor: Dew Point Insulation Systems Inc. · creditor: CRA - Tax - Ontario · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 5000 · debtor: Dew Point Insulation Systems Inc. · creditor: CIBC Visa - Bankruptcies c/o TECHCOM Managed Services · currency: CAD
unsecured creditorspage: 3 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 6570.95 · debtor: Dew Point Insulation Systems Inc. · creditor: All Trade Rentals Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 18870.04 · debtor: Dew Point Insulation Systems Inc. · creditor: WSIB · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 4560.54 · debtor: Dew Point Insulation Systems Inc. · creditor: Minister of Finance EHT · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Modern Niagara Toronto Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 138146.23 · debtor: Dew Point Insulation Systems Inc. · creditor: Multi-Glass Insulation Ltd · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 51623.5 · debtor: Dew Point Insulation Systems Inc. · creditor: PBA · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 5319.05 · debtor: Dew Point Insulation Systems Inc. · creditor: Petro Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Reliance Home Comfort · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 11417.4 · debtor: Dew Point Insulation Systems Inc. · creditor: Simpson Wigle · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Store 'N Go Self Storage · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-28 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Dew Point Insulation Systems Inc. · creditor: Union Gas · currency: CAD