Quebec · Proposal
Notice of Proposal to Creditors • November 27, 2007
Notice to creditors · 27 November 2007
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What we verified from this filing2 verified
- financial positionnote: Assets (encumbered): Cash on hand $72,288; Deposits in Financial Institutions $168,927; Accounts receivable $1,011,226, totaling $1,252,441. Liabilities: Secured creditors $1,213,551; Ordinary creditors $870,310, totaling $2,083,861. Deficiency stated as $(831,420). · as at: 2007-11-22 · basis: Condensed Statement of Affairs, as declared and estimated by the Debtor Company · scope: entity - Priva Inc. · currency: CAD · total assets: 1252441 · total liabilities: 2083861
- recovery outcomeentries: basis: plan · quote: The PROVEN CLAIMS of the PREFERRED CREDITORS, without interest, will be paid in full and in priority to the ORDINARY CLAIMS out of the PROPOSAL FUND, in full and final settlement of such PROVEN CLAIMS. · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: PREFERRED CREDITORS · interim final: unstated · claims qualifier: unstated; basis: plan · quote: The TRUSTEE will pay to each of the AFFECTED ORDINARY CREDITORS, in full and final settlement of its PROVEN CLAIMS, without interest or penalty, an amount :l ao · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1000 · amount high: 1000 · class label: AFFECTED ORDINARY CREDITORS · interim final: unstated · conditional on: the lesser of $1,000 or the amount of its ORDINARY CLAIM paid within 30 days of PROPOSAL APPROVAL; pro rata share of the balance of the PROPOSAL FUND thereafter · claims qualifier: unstated; basis: plan · quote: Owing to employees and former employees, that they would have been entitled to receive under Section 136(1)d) of the ACT if the CORPORATION became bankrupt on the date of the PROPOSAL APPROVAL, will be paid in full immediately following PROPOSAL APPROVAL. · pct of: unstated · outcome: paid_in_full · pct low: 100 · pct high: 100 · class key: preferred · stated by: debtor · class label: employees and former employees · interim final: unstated · claims qualifier: unstated · table missing: