Ontario · Bankruptcy
Bankruptcy Package to Creditors dated January 17, 2025.pdf
Notice to creditors · 17 January 2025
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What we verified from this filing16 verified
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date17 January 2025
- statutory basisSection 49 of the Bankruptcy and Insolvency Act
- court file no31-3175455
- provinceOntario
- financial positionnote: Liabilities comprise Secured creditors $71,431.48, Preferred creditors/securities/priorities $0.00, Unsecured creditors $288,509.97, Contingent/trust claims $0.00, totaling $359,941.45; deficiency of $274,831.55 (surplus line on Form 78 p.1 shown as $274,831.55 but Deficiency line on same page states -$274,831.55). · page: 4 · as at: 2025-01-17 · basis: Statement of Affairs (Corporate Bankruptcy) as stated and estimated by bankrupt/debtor, sworn/declared by director · scope: Myoperformance Lab Inc. (single entity) · currency: CAD · total assets: 85109.9 · total liabilities: 359941.45
- secured creditorsnote: Statement of Affairs lists total claim of $130,973.82 split as unsecured $59,545.34 and secured $71,428.48; the secured portion is $71,428.48. Ground for security noted as '901'. · page: 6 · as of: 2025-01-15 · amount: 130973.82 · debtor: Myoperformance Lab Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Bank loans except real property mortgage
- unsecured creditorsnote: Nature of liability: Finance company loan · page: 6 · as of: Statement of Affairs as reported · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 68333.06 · debtor: Myoperformance Lab Inc. · creditor: Business Development Bank of Canada · currency: CAD
- unsecured creditorsnote: Nature of liability: Sales taxes (Tax); classified secured column $1.00 with ground for priority '901'; deemed trust/tax liability nature · page: 6 · as of: 2025-01-15 · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Myoperformance Lab Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Nature of liability: Leases (Other); secured column $1.00, ground for priority '901' · page: 6 · as of: 2025-01-15 · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Myoperformance Lab Inc. · creditor: CWB National Leasing Inc. · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable · page: 6 · as of: Statement of Affairs as reported · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 160629.57 · debtor: Myoperformance Lab Inc. · creditor: 1127776 Ontario Limited · currency: CAD
- unsecured creditorsnote: Nature of liability: Sales taxes (Tax) · page: 6 · as of: Statement of Affairs as reported · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Myoperformance Lab Inc. · creditor: Ministry of Finance · currency: CAD
- unsecured creditorsnote: Nature of liability: Finance company loan · page: 6 · as of: Statement of Affairs as reported · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Myoperformance Lab Inc. · creditor: Questor Financial Corporation · currency: CAD
- unsecured creditorsnote: Nature of liability: Bank loans except real property mortgage; unsecured portion of total claim $130,973.82 (secured portion $71,428.48 reported separately) · page: 6 · as of: 2025-01-15 · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 59545.34 · debtor: Myoperformance Lab Inc. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorsnote: Nature of liability: Accounts payable; secured column $1.00, ground for priority '901'; estimated surplus/deficit from security $9,678.42 noted · page: 6 · as of: 2025-01-15 · basis: Statement of Affairs (List of Liabilities) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Myoperformance Lab Inc. · creditor: Driven Financial Technologies Corporation · currency: CAD