Alberta · NOI

Trustee's Preliminary Report

Court officer report · 26 May 2026

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 filing2 verified

financial positionnote: Statement of Affairs total: Secured 3,737,764; Preferred -; Unsecured 919,765; Contingent -; Total 4,657,529. As Filed and Admitted total: Secured 3,785,260; Preferred -; Unsecured 300,000; Contingent -; Total 4,085,260. Assets not stated as a total - remaining assets are only accounts receivable, as other assets were seized and sold by a bailiff with proceeds applied to rent arrears. · basis: As Filed and Admitted claims; also Statement of Affairs figures differ · scope: entity - Pro Ace Heating & Air Conditioning Ltd. · currency: CAD · total liabilities: 4085260
recovery outcomeentries: basis: estimated · quote: Given the estimated net realizable value of the assets and the anticipated shortfall to the secured creditors, it is not anticipated that there will be any dividend to the unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-05-26 · table missing: