Alberta · Proposal
Report of the Trustee on the Proposal - Form 40
Court officer report · 18 October 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 filing1 verified
- recovery outcomeentries: basis: plan · quote: If accepted by the creditors the Proposal would provide for a distribution of 22% of the accepted unsecured claims which are estimated to total $245,049.38 including a claim of $50,000 submitted by the Longson's. · pct of: unstated · outcome: distribution · pct low: 22 · pct high: 22 · class key: unsecured · stated by: proposal_trustee · amount low: 55106.55 · amount high: 55106.55 · class label: unsecured creditors · claims amount: 245049.38 · interim final: unstated · claims qualifier: estimated; basis: actual · quote: ATB Financial (' ATB ') in the sum of $75,839.64 as the first position secured creditor. This payment paid the ATB debt in full; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: proposal_trustee · amount low: 75839.64 · amount high: 75839.64 · class label: first position secured creditor · creditor name: ATB Financial · interim final: unstated · claims qualifier: unstated · stated on: 2024-10-18 · table missing: