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What we verified from this filing33 verified
- appointeemsi Spergel inc.
- appointee roletrustee
- commencement date9 April 2019
- court file no31-2496406
- proceeding typebia_bankruptcy
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total liabilities = $111,001.76 total unsecured creditors (List A $30,400.82 + balance of secured claims per List B $80,600.94) + $200,000.00 secured creditors per List B (value of security) + $0.00 preferred creditors (List C) + $0.00 contingent/other liabilities (List D). Deficiency stated as $111,001.76. Total assets comprised entirely of Machinery, equipment and plant (Restaurant Equipment) at $200,000.00; all other asset categories nil. · page: 2 · as at: 2019-04-04 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer (the bankrupt, Harry Chung) · scope: entity - Harry Chung Enterprises Inc. (unconsolidated) · currency: CAD · total assets: 200000 · total liabilities: 311001.76
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1 · debtor: Harry Chung Enterprises Inc. · creditor: CRA - Tax - Ontario (79128 1090 RT0001) · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1542.84 · debtor: Harry Chung Enterprises Inc. · creditor: Ecolab · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 2005.16 · debtor: Harry Chung Enterprises Inc. · creditor: Enercare Connections · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 169.5 · debtor: Harry Chung Enterprises Inc. · creditor: Givex Canada Corp. · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 3551.15 · debtor: Harry Chung Enterprises Inc. · creditor: Gordon Food Service · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 7100.72 · debtor: Harry Chung Enterprises Inc. · creditor: Mr. Dairy & Food Distribution Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 5106.06 · debtor: Harry Chung Enterprises Inc. · creditor: RBC Royal Bank Visa c/o BankruptcyHighway.com · currency: CAD
- unsecured creditorsnote: Claim bifurcated secured/unsecured by security valuation; this creditor also appears in List B as a secured creditor with a $229,000.00 claim against machinery/restaurant equipment valued at $200,000.00 by the officer, with the $29,000.00 shortfall reclassified here as unsecured. · page: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 29000 · debtor: Harry Chung Enterprises Inc. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1 · debtor: Harry Chung Enterprises Inc. · creditor: TD Canada Trust · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 2645.16 · debtor: Harry Chung Enterprises Inc. · creditor: Topper Linen & Uniform Service · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 104.19 · debtor: Harry Chung Enterprises Inc. · creditor: Nella Cutlery & Food Equipment Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1751.5 · debtor: Harry Chung Enterprises Inc. · creditor: Alpha Refrigeration Ltd. · currency: CAD
- unsecured creditorsnote: Claim bifurcated secured/unsecured by security valuation; this creditor also appears in List B as a secured creditor with a $51,600.94 claim against machinery/restaurant equipment valued at $0.00 by the officer, with the full balance reclassified here as unsecured. · page: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 51600.94 · debtor: Harry Chung Enterprises Inc. · creditor: Aroma Expresso Bar Canada, Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 149.05 · debtor: Harry Chung Enterprises Inc. · creditor: Bell Canada F-88 - Business · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1 · debtor: Harry Chung Enterprises Inc. · creditor: Bell Mobility · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 3209.4 · debtor: Harry Chung Enterprises Inc. · creditor: Bondi Vegetables & Fruit · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1176.33 · debtor: Harry Chung Enterprises Inc. · creditor: Coffee Electric · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1 · debtor: Harry Chung Enterprises Inc. · creditor: CRA - Tax - Ontario (79128 1090 RC0001) · currency: CAD
- unsecured creditorspage: 3 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1 · debtor: Harry Chung Enterprises Inc. · creditor: CRA - Tax - Ontario (79128 1090 RP0001) · currency: CAD
- unsecured creditorspage: 4 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 418.38 · debtor: Harry Chung Enterprises Inc. · creditor: Zero Zone Mechanical · currency: CAD
- unsecured creditorspage: 4 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 447.48 · debtor: Harry Chung Enterprises Inc. · creditor: Workplace Safety and Insurance Board · currency: CAD
- unsecured creditorspage: 4 · as of: 2019-04-04 · basis: Statement of Affairs, List A - Unsecured Creditors, as stated by the bankrupt · amount: 1018.9 · debtor: Harry Chung Enterprises Inc. · creditor: Wasteco · currency: CAD
- secured creditorsnote: Amount of claim stated as $51,600.94; officer's estimated value of security is $0.00, leaving the full claim as the 'balance of claim' bifurcated to the unsecured pool (see List A row 2, unsecured entry $51,600.94). Recognized secured amount per officer's valuation is $0.00. · page: 5 · as of: 2019-04-04 · amount: 0 · debtor: Harry Chung Enterprises Inc. · creditor: Aroma Expresso Bar Canada, Inc. · currency: CAD · security: Business Assets - Machinery - Restaurant Equipment
- secured creditorsnote: Amount of claim stated as $229,000.00; officer's estimated value of security is $200,000.00; balance of claim $29,000.00 is the unsecured shortfall bifurcated to the unsecured pool (see List A row 17, unsecured entry $29,000.00). · page: 5 · as of: 2019-04-04 · amount: 200000 · debtor: Harry Chung Enterprises Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Business Assets - Machinery - Restaurant Equipment