Alberta · Bankruptcy
Trustee’s report of preliminary administration
Court officer report · 19 November 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing9 verified
- appointeeHudson & Company Insolvency Trustees Inc.
- appointee roleLicensed Insolvency Trustee
- commencement date29 October 2024
- court file noBKY 25-3146854
- proceeding typebia_bankruptcy
- statutory basisSection 49(1) of the Bankruptcy and Insolvency Act
- statutory basisSection 49(1) of the Bankruptcy and Insolvency Act
- provinceAlberta
- financial positionnote: Only components stated, no overall totals: inventory valued on SOA at $1.00; no machinery/equipment; no real estate; cash on hand in TD bank account per SOA of approximately $1,373 (bank draft received for $1,683); claims register shows Total unsecured creditors per SOA of $210,474.83 with $4,006.70 admitted for dividend; secured creditor (Driven Financial Technologies Corporation) advised debt paid in full prior to filing. · basis: Statement of Affairs (SOA) values as reported by the Trustee · scope: Party Things Inc. (single entity, bankruptcy estate) · currency: CAD