Nova Scotia · Bankruptcy
Creditors Package
Meeting materials · 18 June 2024
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What we verified from this filing16 verified
- commencement date12 June 2024
- provinceNova Scotia
- court file no45818
- financial positionnote: Deficiency $1,040,635.41. As-at 11 June 2024 per the SOA; bankruptcy occurred 12 June 2024 (16:24) per Certificate of Appointment. Liabilities per summary: unsecured creditors List A $24,541.52 (balance of secured claims List B $0.00; total unsecured $24,541.52); secured creditors List B $19,094.12; preferred List C $0.00; contingent/other liabilities List D $1,072,471.66 (four claimants, all listed in unsecured_creditors with contingent notes). · page: 4 · as at: 2024-06-11 · basis: Statement of Affairs (Form 78, Business Bankruptcy) as stated and estimated by the officer, sworn by Paul Wrathall · scope: Entity - Terradyne Wellness Centre Ltd. · currency: CAD · total assets: 75471.89 · total liabilities: 1116107.3
- unsecured creditorsnote: Listed at nominal $1.00; CRA (deemed-trust / quasi-governmental class). Address Shawinigan-Sud National Verification and Collection Centre, 4695 Shawinigan-Sud Blvd, Shawinigan-sud QC G9P 5H9. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Terradyne Wellness Centre Ltd. · creditor: CRA - Tax - Atlantic (account 78650 0686) · currency: CAD
- unsecured creditorsnote: Address 5112 Prince Street, Halifax NS B3J 1L3. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4536.52 · debtor: Terradyne Wellness Centre Ltd. · creditor: Green Shield Canada · currency: CAD
- unsecured creditorsnote: Listed at nominal $1.00. Address PO Box 220 644 Main St. Blue Cross Centre, Moncton NB E1C 8L3. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Terradyne Wellness Centre Ltd. · creditor: Medavie Blue Cross · currency: CAD
- unsecured creditorsnote: CEBA loan. Attn: Razel Bowen. Address PO Box 57100, Etobicoke ON M8Y 3Y2. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 20000 · debtor: Terradyne Wellness Centre Ltd. · creditor: RBC Royal Bank c/o BankruptcyHighway.com (CEBA) · currency: CAD
- unsecured creditorsnote: Listed at nominal $1.00. Attn: Razel Bowen. Address PO Box 57100, Etobicoke ON M8Y 3Y2. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Terradyne Wellness Centre Ltd. · creditor: RBC Royal Bank Mastercard c/o BankruptcyHighway.com (5526 12** **** 0161) · currency: CAD
- unsecured creditorsnote: Listed at nominal $1.00. Attn: Razel Bowen. Address PO Box 57100, Etobicoke ON M8Y 3Y2. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Terradyne Wellness Centre Ltd. · creditor: RBC Royal Bank Visa c/o BankruptcyHighway.com (4516 07** **** 4594) · currency: CAD
- unsecured creditorsnote: Listed at nominal $1.00. Attn: Razel Bowen. Address PO Box 57100, Etobicoke ON M8Y 3Y2. · page: 5 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Terradyne Wellness Centre Ltd. · creditor: RBC Royal Bank Visa c/o BankruptcyHighway.com (4516 07** **** 4610) · currency: CAD
- secured creditorsnote: Statement of Affairs (Form 78) List B secured creditors, as stated by the officer. Address PO Box 758 Stn B, London ON N6A 4Y8. · page: 6 · as of: 2024-06-11 · amount: 19094.12 · debtor: Terradyne Wellness Centre Ltd. · creditor: Scotiabank c/o Canaccede International Management Ltd. · currency: CAD · security: 2021 Buick Enclave automobile (VIN 5GAEVAKW2MJ161997); estimated value of security $19,094.12; estimated surplus from security $8,971.88; balance of claim (deficiency) nil
- unsecured creditorsnote: Contingent liability; nature of liability stated as 'Bankruptcy Claim'. Amount expected to rank for dividend stated as $0.00. Individual claimant (likely related party). Address 19 Kirk Road, Halifax NS B3K 5M2. · page: 8 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List D - Contingent or Other Liabilities, as stated by the officer · amount: 643579.66 · debtor: Terradyne Wellness Centre Ltd. · creditor: Ian Kirk · currency: CAD
- unsecured creditorsnote: Contingent liability; nature of liability stated as 'Bankruptcy Claim'. Amount expected to rank for dividend stated as $0.00. Likely related party (shares address with Ian Kirk). Address 19 Kirk Road, Halifax NS B3K 5M2. · page: 8 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List D - Contingent or Other Liabilities, as stated by the officer · amount: 35000 · debtor: Terradyne Wellness Centre Ltd. · creditor: Kirkco Inc. · currency: CAD
- unsecured creditorsnote: Contingent liability; nature of liability stated as 'Bankruptcy Claim'. Amount expected to rank for dividend stated as $0.00. Address 75 Scotsdale Drive, Musquodoboit Harbour NS D0J 2L0. · page: 8 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List D - Contingent or Other Liabilities, as stated by the officer · amount: 40500 · debtor: Terradyne Wellness Centre Ltd. · creditor: Magnadyne Ltd. · currency: CAD
- unsecured creditorsnote: Contingent liability; nature of liability stated as 'Bankruptcy Claim'. Amount expected to rank for dividend stated as $0.00. Individual claimant - the officer who swore this Statement of Affairs (related party). Address 610 Myers Point Road, Head of Jeddore NS B0J 1P0. · page: 8 · as of: 2024-06-11 · basis: Statement of Affairs (Form 78) List D - Contingent or Other Liabilities, as stated by the officer · amount: 353392 · debtor: Terradyne Wellness Centre Ltd. · creditor: Paul Wrathall · currency: CAD