Alberta · Proposal
Report of the Trustee on the Proposal - Form 40
Court officer report · 18 October 2024
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What we verified from this filing1 verified
- recovery outcomeentries: 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: trustee · amount low: 75839.64 · amount high: 75839.64 · class label: ATB Financial · creditor name: ATB Financial · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Canada Revenue Agency (' CRA ') in the sum of $9,988.50 for payroll source deductions and $2,000 for Goods and Services Tax (' GST '); · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: trustee · class label: Canada Revenue Agency · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Phyllis Longson in the sum of $6,473.55 as accrued and outstanding wages; and · pct of: unstated · outcome: distribution · class key: preferred · stated by: trustee · amount low: 6473.55 · amount high: 6473.55 · class label: Phyllis Longson · creditor name: Phyllis Longson · interim final: unstated · claims qualifier: unstated; basis: actual · quote: Business Development Bank (' BDC ') in the amount of $100,000 as second position secured creditor. · pct of: unstated · outcome: distribution · class key: secured · stated by: trustee · amount low: 100000 · amount high: 100000 · class label: Business Development Bank · creditor name: Business Development Bank · interim final: unstated · claims qualifier: unstated; 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: trustee · amount low: 55106.55 · amount high: 55106.55 · class label: unsecured creditors · claims amount: 245049.38 · interim final: unstated · claims qualifier: estimated · stated on: 2024-09-30 · table missing: