Quebec · Bankruptcy
Avis de la faillite et de la première assemblée des créanciers
Notice to creditors · 13 December 2024 · French
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 filing16 verified
- appointeeRaymond Chabot inc.
- appointee rolesyndic
- commencement date13 December 2024
- courtCOUR SUPÉRIEURE
- court file no755-11004510240
- financial positionnote: Form 78 states a deficit of $618,730.46 (the form labels it 'Surplus' in one line and 'Déficit' in another). Main asset is the immovable at 190-194 rte 133, Sainte-Anne-de-Sabrevois, carried at $261,016.54 realizable estimate vs. total right value $546,600.00; cash, receivables and equipment are $1 each. Liabilities: secured $878,750, unsecured $1,000, preferred $0, contingent $0. · page: 3 · as at: 2024-12-13 · basis: Form 78 (bilan) sworn by an officer of the bankrupt on 2024-12-19; assets 'tel que déclaré et estimé par le failli'. Reason for difficulties: 'Mauvais résultats financiers (La débitrice n'a plus d'activités)'. · scope: Groupe Fabric inc. (single entity) · currency: CAD · total assets: 261019.54 · total liabilities: 879750
- secured creditorsnote: Amount as declared by the bankrupt on the Form 78. · page: 6 · as of: 2024-12-13 · amount: 200000 · debtor: Groupe Fabric inc. · creditor: RBC - Banque Royale du Canada (line of credit / marge) · currency: CAD · security: Marge (liability incurred 2021-10); secured per Form 78 liability list
- secured creditorsnote: Amount as declared by the bankrupt on the Form 78. Form 78 totals secured creditors at $878,750 (603,750+200,000+75,000). · page: 6 · as of: 2024-12-13 · amount: 75000 · debtor: Groupe Fabric inc. · creditor: RBC - Banque Royale du Canada (credit card) · currency: CAD · security: Carte de crédit (liability incurred 2021-09); secured per Form 78 liability list
- secured creditorsnote: Amount as declared by the bankrupt on the Form 78 (sworn 2024-12-19); filed as secured claim, not a proof of claim. · page: 6 · as of: 2024-12-13 · amount: 603750 · debtor: Groupe Fabric inc. · creditor: RBC - Banque Royale du Canada (mortgage) · currency: CAD · security: Hypothèque (liability incurred 2021-10); secured against assets per the Form 78 liability list (estimated asset value: immovable at 190-194 rte 133, Sainte-Anne-de-Sabrevois)
- unsecured creditorsnote: Deemed trust class: payroll source deductions (DAS) 2023-12, and corporate income tax; $0.00 declared for each. · page: 6 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: Agence du Revenu du Canada · currency: CAD
- unsecured creditorsnote: Labelled 'portion non garantie' (liability incurred 2021-09). Only unsecured amount stated in the Form 78. · page: 6 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt; Form 78 total for unsecured creditors is $1,000 · amount: 1000 · debtor: Groupe Fabric inc. · creditor: RBC - Banque Royale du Canada (unsecured portion) · currency: CAD
- unsecured creditorsnote: Deemed trust class: payroll source deductions (DAS), GST (TPS), QST (TVQ) and corporate income tax; $0.00 declared for each (2023-12). · page: 7 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: Ministère du Revenu du Québec · currency: CAD
- unsecured creditorsnote: Bank loan dated 2020-01; $0.00 declared; Form 78 lists priority/security reason codes 3-4-5 but no amount. · page: 8 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: Caisse Desjardins du Haut-Richelieu (loan) · currency: CAD
- unsecured creditorsnote: Municipal and school taxes flagged as priority (taxes municipales) with $0.00 declared. · page: 8 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: Municipalité Sainte-Anne-de-Sabrevois and Centre de services scolaire des Hautes-Rivières · currency: CAD
- unsecured creditorsnote: Each listed as comptes à payer with $0.00 declared; the individual trade creditors are named in the Form 78 list. · page: 9 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: Trade creditors (17 listed: Granite, Air Séka ltée, Mazout & Propane Beauchemin, Commonwealth Plywood Ltd., G H Berger ltée, Tradelco, DOMAX, Gagnon La Grande Quincaillerie, Granite Richelieu inc., Vitrerie Saran, Pronet Distribution, Ressorts Iberville, Serrurier Drapeau, Service de propane J B, Équipements Robert/Louplex, and others) · currency: CAD
- unsecured creditorsnote: $0.00 declared for each. · page: 9 · as of: 2024-12-13 · basis: Form 78 as declared by the bankrupt · amount: 0 · debtor: Groupe Fabric inc. · creditor: CNESST and Hydro-Québec · currency: CAD