Ontario · Bankruptcy

Creditors’ Package

Meeting materials · 26 August 2019

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appointeeDodick Landau Inc.
appointee roletrustee
commencement date22 August 2019
court file no32-2548340
statutory basisSubsection 102(1) of the Act
financial positionnote: Deficiency stated as $1,068,694.92; secured creditors balance stated as $0.00 (List "B" total $0.00); statement sworn by David Walters, sole officer/director. · page: 2 · as at: 2019-08-21 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer · scope: Walters Excavators Ltd. (entity level) · currency: CAD · total assets: 326477.81 · total liabilities: 1395172.73
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 712.52 · debtor: Walters Excavators Ltd. · creditor: Deluxe Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 66779.98 · debtor: Walters Excavators Ltd. · creditor: DVC Contracting · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 20311.8 · debtor: Walters Excavators Ltd. · creditor: Eye-View Drain Service Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 943.6 · debtor: Walters Excavators Ltd. · creditor: Four Aces Traffic Control · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 36378.09 · debtor: Walters Excavators Ltd. · creditor: GeoShack Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 28674.57 · debtor: Walters Excavators Ltd. · creditor: Hub Equipment · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 2157.43 · debtor: Walters Excavators Ltd. · creditor: Ideal Pipe · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 19643.79 · debtor: Walters Excavators Ltd. · creditor: Joseph Haulage Canada Corp. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 14077.03 · debtor: Walters Excavators Ltd. · creditor: Ken's Excavating & Drainage · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 21493.07 · debtor: Walters Excavators Ltd. · creditor: Lafarge · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 18845.63 · debtor: Walters Excavators Ltd. · creditor: Nortrax Canada Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 82803.22 · debtor: Walters Excavators Ltd. · creditor: Pete Cosco Haulaage Ltd. 2005 · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 2073.6 · debtor: Walters Excavators Ltd. · creditor: PTO Trucking & Excavation · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 175.57 · debtor: Walters Excavators Ltd. · creditor: Region of Peel · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 8565.79 · debtor: Walters Excavators Ltd. · creditor: Sunbelt Rentals · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 11972.35 · debtor: Walters Excavators Ltd. · creditor: Urban Infrastructure Assoc. Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 376375.79 · debtor: Walters Excavators Ltd. · creditor: Vancor Supply · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 11300 · debtor: Walters Excavators Ltd. · creditor: Maclaurin Trucking · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 113311.36 · debtor: Walters Excavators Ltd. · creditor: Battlefield Equipment Rentals - Stoney Creek Location · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 3567.26 · debtor: Walters Excavators Ltd. · creditor: Capital One MasterCard Proposals c/o FCT Default Solutions · currency: CAD
unsecured creditorspage: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 181869.42 · debtor: Walters Excavators Ltd. · creditor: Concast Pipe · currency: CAD
unsecured creditorsnote: Crown/CRA indebtedness - deemed trust class · page: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 41000 · debtor: Walters Excavators Ltd. · creditor: CRA - Tax - Ontario · currency: CAD
unsecured creditorsnote: Individual creditor - David Walters signed the statement of affairs as officer of the bankrupt corporation; possible related party (director/officer) · page: 3 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 535.22 · debtor: Walters Excavators Ltd. · creditor: Dave Walters · currency: CAD
unsecured creditorsnote: Regulatory/WSIB claim · page: 4 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 220.99 · debtor: Walters Excavators Ltd. · creditor: Workplace Safety and Insurance Board · currency: CAD
unsecured creditorspage: 4 · as of: 2019-08-21 · basis: Statement of Affairs, List "A" Unsecured Creditors, as stated and estimated by the officer · amount: 331384.65 · debtor: Walters Excavators Ltd. · creditor: Walkers Aggregates · currency: CAD
secured creditors