Alberta · Bankruptcy
Creditors Package.pdf
Notice to creditors · 2 February 2018
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 filing47 verified
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date19 January 2018
- court file no24-115942
- provinceAlberta
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total liabilities comprise: unsecured creditors $3,906,530.64; secured creditors $800,000.00; preferred creditors $100,000.00; contingent/other liabilities $0.00. Deficiency of $906,529.64 stated on the face of the form. · page: 4 · as at: 2018-01-19 · basis: Statement of Affairs (as stated and estimated by the officer) · scope: North Point Finance Inc. (entity level, bankrupt corporation) · currency: CAD · total assets: 3900001 · total liabilities: 4806530.64
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 40000 · debtor: North Point Finance Inc. · creditor: Clint Davis · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 90000 · debtor: North Point Finance Inc. · creditor: Clinton David - numbered company · currency: CAD
- unsecured creditorsnote: Deemed trust class (CRA) · page: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: CRA - Tax - Prairies · currency: CAD
- unsecured creditorsnote: Barrister & Solicitor for the bankrupt; possible related party · page: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: Dana Ivan Carlson · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 131000 · debtor: North Point Finance Inc. · creditor: Dave Hunter · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 50000 · debtor: North Point Finance Inc. · creditor: Dave Wilson · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 524.64 · debtor: North Point Finance Inc. · creditor: Direct Energy · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 30000 · debtor: North Point Finance Inc. · creditor: Donald Evans · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 200000 · debtor: North Point Finance Inc. · creditor: Gary Brown · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 168000 · debtor: North Point Finance Inc. · creditor: Grace Watson · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 90000 · debtor: North Point Finance Inc. · creditor: Harvey and Beryl Margaret Wylie · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 153000 · debtor: North Point Finance Inc. · creditor: Henry Van Doesburg · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 57000 · debtor: North Point Finance Inc. · creditor: Jeff Chocholake · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 35000 · debtor: North Point Finance Inc. · creditor: Joan Thompson · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 75000 · debtor: North Point Finance Inc. · creditor: John Edward Gain · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 28000 · debtor: North Point Finance Inc. · creditor: Kathryn Burkard · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 50000 · debtor: North Point Finance Inc. · creditor: Kenneth Lawrence · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 160000 · debtor: North Point Finance Inc. · creditor: Kenneth Waddell · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 30000 · debtor: North Point Finance Inc. · creditor: Landon Hollman · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 50000 · debtor: North Point Finance Inc. · creditor: Michael Smith · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 75000 · debtor: North Point Finance Inc. · creditor: Dean Twells · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 75000 · debtor: North Point Finance Inc. · creditor: Nancy MacAdam · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: ATCO Gas · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 100000 · debtor: North Point Finance Inc. · creditor: Audrey and Brad Gabrielson · currency: CAD
- unsecured creditorsnote: Possible related party (bankrupt is Brad Monroe Gabrielson, sole officer/declarant) · page: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 906000 · debtor: North Point Finance Inc. · creditor: Brad Gabrielson · currency: CAD
- unsecured creditorsnote: Possible related party · page: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 225000 · debtor: North Point Finance Inc. · creditor: Bradley Gabrielson · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 140000 · debtor: North Point Finance Inc. · creditor: Brian and Rachel Pobihushchy · currency: CAD
- unsecured creditorspage: 5 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 120000 · debtor: North Point Finance Inc. · creditor: Canadian Asset Management · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: Target Capital Inc. · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 57000 · debtor: North Point Finance Inc. · creditor: Tyler Waselencko · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 150000 · debtor: North Point Finance Inc. · creditor: Waddell Enterprises · currency: CAD
- unsecured creditorsnote: Regulatory levy/statutory claim · page: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: WCB Workers Compensation Board of Alberta · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 100000 · debtor: North Point Finance Inc. · creditor: Richard Paul David · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 1 · debtor: North Point Finance Inc. · creditor: Olympia Trust Company · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 26000 · debtor: North Point Finance Inc. · creditor: Stephen Callahan · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 215000 · debtor: North Point Finance Inc. · creditor: Sheldon Jasper · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 137000 · debtor: North Point Finance Inc. · creditor: Scott Morley · currency: CAD
- unsecured creditorspage: 6 · as of: 2018-01-19 · basis: Statement of Affairs, List 'A' Unsecured Creditors as reported · amount: 143000 · debtor: North Point Finance Inc. · creditor: Robert Armitage · currency: CAD
- secured creditorsnote: Balance of claim shown as 0.00 with estimated surplus from security of $3,100,001.00; estimated value of security $800,000.00 (real property) plus $1.00 (other) · page: 7 · as of: 2018-01-19 · amount: 800000 · debtor: North Point Finance Inc. · creditor: ATB Financial · currency: CAD · security: Mortgage - Real Property/Immovable (Building and Land - Red Deer - 6846 - 66 Street), given 16-Sep-2014; also security over Other - Furniture, fixtures and equipment, given 16-Sep-2014
- unsecured creditorsnote: Preferred claim - municipal property taxes · page: 8 · as of: 2018-01-19 · basis: Statement of Affairs, List 'C' Preferred Creditors for Wages, Rent, etc., as reported · amount: 100000 · debtor: North Point Finance Inc. · creditor: City of Red Deer Revenue & Assessment Services (property taxes) · currency: CAD