A plain-language read of this filing opens with a subscription.
What we verified from this filing5 verified
- financial positionnote: Liabilities comprise secured creditors $310,232.03, preferred creditors/securities/priorities $0.00, unsecured creditors $2,743,063.22; stated deficiency $2,539,508.40 · page: 12 · as at: 2025-05-12 · basis: Statement of Affairs (Form 78) - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · scope: entity - Trunorth Tire Distribution Ltd. (bankrupt corporation) · currency: CAD · total assets: 513786.85 · total liabilities: 3053295.25
- secured creditorsnote: Total claim $34,327.04 (secured $19,686.00 / unsecured deficiency $14,641.04); debt given/incurred 27-Jun-2023; estimated deficiency shown as -14,641.04 · page: 17 · as of: 2025-05-12 · amount: 19686 · debtor: Trunorth Tire Distribution Ltd. · creditor: Nissan Canada Finance Inc. c/o BankruptcyHighway · currency: CAD · security: PPSA - Finance Company Loan (Lease Agreement #PW311982), asset securing item 802 (2023 Nissan Rogue vehicle)
- secured creditorsnote: Debt given/incurred 23-Dec-2022; estimated surplus from security $5,453.97 · page: 18 · as of: 2025-05-12 · amount: 24546.03 · debtor: Trunorth Tire Distribution Ltd. · creditor: Sumitomo Rubber North America · currency: CAD · security: Secured claim, asset securing item 1102 (Sumitomo product inventory)
- secured creditorsnote: Total claim $510,815.00 (secured $250,000.00 / unsecured $260,815.00, noted as US$369,204.31); debt given/incurred 20-Oct-2010; estimated surplus from security $266,501.00 · page: 18 · as of: 2025-05-12 · amount: 250000 · debtor: Trunorth Tire Distribution Ltd. · creditor: TBC International · currency: CAD · security: Secured claim, assets securing items 101,1301,1101,1103,1104,801,501 (blanket over cash, inventory, fixtures, machinery, vehicles, AR)
- secured creditorsnote: Debt given/incurred 21-Sep-2018; c/o Harrison Pensa LLP · page: 19 · as of: 2025-05-12 · amount: 16000 · debtor: Trunorth Tire Distribution Ltd. · creditor: Toronto Dominion Bank · currency: CAD · security: Secured claim, assets securing items 101,1301,1101,1103,1104,801,501 (blanket over cash, inventory, fixtures, machinery, vehicles, AR)