New Brunswick · Proposal

Statement of Affairs

Statement of affairs · 25 September 2015

Open the PDF⁠

What we verified from this filing84 verified

financial positionnote: Preferred creditors list total $0.00; Contingent/other liabilities list total $0.00; secured creditors list total $3,965,857.00 (claim amounts) with estimated security value $3,477,397.00 and balance of claim $488,460.00; surplus reported as $2,662,761.41; assets valued as at the filing of the proposal on 29-May-2015 per cover page, sworn 25-Sep-2015 · page: 1 · as at: 2015-05-29 · basis: Statement of Affairs (as stated and estimated by the officer) · scope: 663230 NB Inc. (entity level) · currency: CAD · total assets: 3477397 · total liabilities: 814635.59
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 350 · debtor: 663230 NB Inc. · creditor: Conseil Economique Du NB · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A - Unsecured Creditors · amount: 40501.43 · debtor: 663230 NB Inc. · creditor: 047312 NB Inc Management 2000 · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 523.16 · debtor: 663230 NB Inc. · creditor: Acadie Nouvell · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 13419.37 · debtor: 663230 NB Inc. · creditor: Action Plus Inc · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1315.87 · debtor: 663230 NB Inc. · creditor: Alain Madore · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 542.4 · debtor: 663230 NB Inc. · creditor: Armstrong's Communication Ltd · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 2131.77 · debtor: 663230 NB Inc. · creditor: Bell Aliant · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 405.22 · debtor: 663230 NB Inc. · creditor: Bell Mobility · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 294.08 · debtor: 663230 NB Inc. · creditor: Best Western · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 224.71 · debtor: 663230 NB Inc. · creditor: Boucherie Ouellette · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1219.48 · debtor: 663230 NB Inc. · creditor: Brunswick News · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 17 · debtor: 663230 NB Inc. · creditor: Buckwit Radio · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 308.71 · debtor: 663230 NB Inc. · creditor: Bureau En Gros · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 178.08 · debtor: 663230 NB Inc. · creditor: Cafe Resto Service · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 943.09 · debtor: 663230 NB Inc. · creditor: Cameron Restaurant · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1300.78 · debtor: 663230 NB Inc. · creditor: Canada Bread · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1166.86 · debtor: 663230 NB Inc. · creditor: Canadian Hotel Supply · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 2654.07 · debtor: 663230 NB Inc. · creditor: Capital Paper · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 4874 · debtor: 663230 NB Inc. · creditor: CFAI 101.1 Edmundson · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 390 · debtor: 663230 NB Inc. · creditor: Chandler · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 10728.75 · debtor: 663230 NB Inc. · creditor: City of Edmundston, Attn: Finance Department · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 2233.46 · debtor: 663230 NB Inc. · creditor: Coca-Cola · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 502.45 · debtor: 663230 NB Inc. · creditor: Concept Signs · currency: CAD
unsecured creditorspage: 2 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 74748.07 · debtor: 663230 NB Inc. · creditor: Colabor · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 0 · debtor: 663230 NB Inc. · creditor: Federal Express Canada Ltd. - Revenue Recovery Department, Attn: Lynn Tassone · currency: CAD
unsecured creditorsnote: deemed trust class (CRA indebtedness) · page: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 199752 · debtor: 663230 NB Inc. · creditor: CRA - Canada Revenue Agency - Tax - Atlantic, Attn: c/o Nova Scotia Tax Services Office Revenue Collections Division Regional · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 250 · debtor: 663230 NB Inc. · creditor: DMS Leasing Ltd · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 150 · debtor: 663230 NB Inc. · creditor: DMX Music · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 25 · debtor: 663230 NB Inc. · creditor: Eric Long · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 40 · debtor: 663230 NB Inc. · creditor: Excompte En Folie · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1052.88 · debtor: 663230 NB Inc. · creditor: Fleuriste Aux Quatre Saisons · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 462.83 · debtor: 663230 NB Inc. · creditor: Four Points by Sheraton Quebec · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 542.4 · debtor: 663230 NB Inc. · creditor: Gallant Enterprises · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 38774.09 · debtor: 663230 NB Inc. · creditor: Guy Long · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 568 · debtor: 663230 NB Inc. · creditor: IGA · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 200 · debtor: 663230 NB Inc. · creditor: Infoweekend · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 173 · debtor: 663230 NB Inc. · creditor: IQOR · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 2420 · debtor: 663230 NB Inc. · creditor: Irving Energy Distribution and Marketing, Attn: Veronica · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 989.69 · debtor: 663230 NB Inc. · creditor: L. Boucher Inc · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1456 · debtor: 663230 NB Inc. · creditor: Le Legumier Du Madawaska Inc · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 470 · debtor: 663230 NB Inc. · creditor: L'Erablere De La Montagne · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 5339 · debtor: 663230 NB Inc. · creditor: Les Entresprises Duborg · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 230 · debtor: 663230 NB Inc. · creditor: Les Industries Corriveau · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 6717 · debtor: 663230 NB Inc. · creditor: McInnes Cooper, Attn: John McCoombs · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 757 · debtor: 663230 NB Inc. · creditor: Medias Transcontinental · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 537 · debtor: 663230 NB Inc. · creditor: Moncton Fish Market · currency: CAD
unsecured creditorspage: 3 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 316 · debtor: 663230 NB Inc. · creditor: MP Industriel Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 75 · debtor: 663230 NB Inc. · creditor: Sarmon Holding · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1122 · debtor: 663230 NB Inc. · creditor: Staples Advantage · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 537 · debtor: 663230 NB Inc. · creditor: Multi Techniques · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1525 · debtor: 663230 NB Inc. · creditor: Napco Industries Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 250 · debtor: 663230 NB Inc. · creditor: National Leasing Group Inc., Attn: Bankruptcy Designate · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1977 · debtor: 663230 NB Inc. · creditor: Notre Meilleur Service · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 7152 · debtor: 663230 NB Inc. · creditor: Office Du Tourism Madawaska · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 627 · debtor: 663230 NB Inc. · creditor: Office Interiors · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 287 · debtor: 663230 NB Inc. · creditor: Orkin Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1892 · debtor: 663230 NB Inc. · creditor: Otis Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 191 · debtor: 663230 NB Inc. · creditor: Oxygaz · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 37061 · debtor: 663230 NB Inc. · creditor: Pattison Sign Group, Attn: Vince Santagulda · currency: CAD
unsecured creditorsnote: Same creditor also listed as secured creditor with amount $500,000.00; this appears to be a separate unsecured claim listed distinctly in List A · page: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 142733 · debtor: 663230 NB Inc. · creditor: Place de L'Assomption Ltee · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 4542 · debtor: 663230 NB Inc. · creditor: R&E Pelletier Ltee · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1858 · debtor: 663230 NB Inc. · creditor: Sonorisation Clefs · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 221 · debtor: 663230 NB Inc. · creditor: Radio Edmundston · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 2825 · debtor: 663230 NB Inc. · creditor: Raymond Chabot Grant Thornton · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1056 · debtor: 663230 NB Inc. · creditor: Riverview Eggs Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1334 · debtor: 663230 NB Inc. · creditor: Rogers Communications Proposals c/o FCT Default Solutions, Attn: Insolvency Department · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 100 · debtor: 663230 NB Inc. · creditor: Rona Inc. - Head Office, Attn: Alain Dumas · currency: CAD
unsecured creditorsnote: related party - officer/deponent of the Statement of Affairs · page: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 16748 · debtor: 663230 NB Inc. · creditor: Serge Lemieux · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 5481 · debtor: 663230 NB Inc. · creditor: Royaume Du Tapis Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1183 · debtor: 663230 NB Inc. · creditor: Sani-Plus Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 1487 · debtor: 663230 NB Inc. · creditor: Saputo Dairy · currency: CAD
unsecured creditorsnote: regulatory claim · page: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 250 · debtor: 663230 NB Inc. · creditor: WorkSafeNB / Travail sécuritaire NB - Head Office, Attn: Claude Savoie · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 131.89 · debtor: 663230 NB Inc. · creditor: UPS · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 138025 · debtor: 663230 NB Inc. · creditor: Visa Desjardins, Attn: Centre de Perception · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 4 · debtor: 663230 NB Inc. · creditor: Yvon & R. Belzile · currency: CAD
unsecured creditorsnote: listed with USA address · page: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 15395 · debtor: 663230 NB Inc. · creditor: Stanwood Hotels · currency: USD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 293 · debtor: 663230 NB Inc. · creditor: Telegraph Journal · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 506 · debtor: 663230 NB Inc. · creditor: Tina Davidson · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 4774 · debtor: 663230 NB Inc. · creditor: Toner Reality · currency: CAD
unsecured creditorspage: 5 · as of: 2015-09-25 · basis: Statement of Affairs, List A · amount: 798 · debtor: 663230 NB Inc. · creditor: Unifor · currency: CAD
secured creditorsnote: Security given 25-Sep-2015 per list · page: 6 · as of: 2015-09-25 · amount: 1617154 · debtor: 663230 NB Inc. · creditor: Business Development Bank · currency: CAD · security: Real Property/Immovable - Building and Land, Edmundston - 100 Rue Rice (value $1,377,578.00); Business Assets - Stock in Trade - Various Equipment (value $130,000.00); Debts Due - Business Account Receivables (value $55,509.00); Business Assets - Stock in Trade - Inventory (value $54,067.00); Furniture - Furniture/various (value $0.00); Cash on hand (value $0.00)
secured creditorsnote: Balance of claim of $488,460.00 shown as unsecured shortfall · page: 6 · as of: 2015-09-25 · amount: 500000 · debtor: 663230 NB Inc. · creditor: Place de L'Assomption Ltee · currency: CAD · security: Real Property/Immovable - Building and Land, Edmundston - 100 Rue Rice (value $11,540.00); Cash on hand (value $0.00); Business Assets - Stock in Trade - Various Equipment (value $0.00); Debts Due - Business Account Receivables (value $0.00); Business Assets - Stock in Trade - Inventory (value $0.00); Furniture - Furniture/various (value $0.00); balance of claim $488,460.00 unsecured
secured creditorsnote: Security given 25-Sep-2015 per list · page: 6 · as of: 2015-09-25 · amount: 1848703 · debtor: 663230 NB Inc. · creditor: Caisse Populaire Trois Rives Ltee · currency: CAD · security: Cash on hand (value $346,821.00); Furniture - Furniture/various (value $38,000.00); Real Property/Immovable - Building and Land, Edmundston - 100 Rue Rice (value $1,463,882.00); Business Assets - Stock in Trade - Various Equipment (value $0.00); Debts Due - Business Account Receivables (value $0.00); Business Assets - Stock in Trade - Inventory (value $0.00)