Quebec · Bankruptcy

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 20 August 2018

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commencement date17 August 2018
courtCOUR SUPÉRIEURE
court file no755-11-003776-180
financial positionnote: Deficit (deficiency) 388,876.88. Passif breakdown: unsecured per List A 256,547.88 plus balance of secured claims per List B (equilibre de reclamations garantis) 127,461.00 = total unsecured creditors 384,008.88; secured creditors per List B 22,540.00; preferred per List C 7,838.00; contingent/trust or other liabilities per List D 17,030.00. Notice states assignment filed 17 Aug 2018; SOA states faillite/as-at date 16 Aug 2018. · page: 3 · as at: 2018-08-16 · basis: Formulaire 78 (Statement of Affairs / Bilan - Business Bankruptcy), as declared and estimated by the officer; sworn 16 Aug 2018 · scope: Les Entreprises Distinction Inc. (single entity), Saint-Jean-sur-Richelieu, Quebec · currency: CAD · total assets: 42540 · total liabilities: 431416.88
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 2563.94 · debtor: Les Entreprises Distinction Inc. · creditor: Pieux Vistech Rive-Sud · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis, as declared and estimated by the officer · amount: 528.89 · debtor: Les Entreprises Distinction Inc. · creditor: 9216-6420 Quebec · currency: CAD
unsecured creditorsnote: Revenu Quebec GST/QST (TPS/TVQ) indebtedness - deemed-trust class; Direction regionale du recouvrement · page: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 47000 · debtor: Les Entreprises Distinction Inc. · creditor: Agence du revenu du Quebec (TPS TVQ) · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 2325.59 · debtor: Les Entreprises Distinction Inc. · creditor: Alliage Electrique · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 3590.66 · debtor: Les Entreprises Distinction Inc. · creditor: Anik Hebert · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 1034.76 · debtor: Les Entreprises Distinction Inc. · creditor: Annie Thivierge · currency: CAD
unsecured creditorsnote: Nominal 1.00 placeholder amount as stated · page: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 1 · debtor: Les Entreprises Distinction Inc. · creditor: APCHQ c/o Boivin et associes s.e.n.c. · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 870.51 · debtor: Les Entreprises Distinction Inc. · creditor: Barbeau & Lamarre · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 13544.26 · debtor: Les Entreprises Distinction Inc. · creditor: Cabinex · currency: CAD
unsecured creditorsnote: Unsecured shortfall of the Caisse Desjardins secured claim in List B. In List A the unsecured-claim column is 0.00 and the balance-of-claim column is 127,461.00; recorded here as a distinct entry to preserve the figure but DO NOT double-count with the List B secured entry. · page: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - unsecured balance (solde) of secured claim · amount: 127461 · debtor: Les Entreprises Distinction Inc. · creditor: Caisse Desjardins du Haut-Richelieu (Marge credit) · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 744.8 · debtor: Les Entreprises Distinction Inc. · creditor: Capital One MasterCard c/o FCT Default Solutions · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 143.72 · debtor: Les Entreprises Distinction Inc. · creditor: Centrale Alarme · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 2055.65 · debtor: Les Entreprises Distinction Inc. · creditor: Daniel Lacombe · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 18278.83 · debtor: Les Entreprises Distinction Inc. · creditor: G.U.S. Canada Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 4085.03 · debtor: Les Entreprises Distinction Inc. · creditor: Jean-Michel Cadieux · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 3298.11 · debtor: Les Entreprises Distinction Inc. · creditor: Lee Min · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 73.78 · debtor: Les Entreprises Distinction Inc. · creditor: Location St-Jean · currency: CAD
unsecured creditorsnote: 175 rue Saint-Hubert, Saint-Jean-sur-Richelieu (the debtor's principal place of business); Michel Lagace is the officer who swore the SOA (page 3) - related party · page: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 118000 · debtor: Les Entreprises Distinction Inc. · creditor: Michel Lagace, Celine Guertin · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 4928.96 · debtor: Les Entreprises Distinction Inc. · creditor: Mire Elecrique · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 559.52 · debtor: Les Entreprises Distinction Inc. · creditor: Ordinateur Expert · currency: CAD
unsecured creditorspage: 4 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 11154.05 · debtor: Les Entreprises Distinction Inc. · creditor: PF Expert portes et fenetres · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 9148.28 · debtor: Les Entreprises Distinction Inc. · creditor: Visa Desjardins c/o FCT Default Solutions · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 1305.25 · debtor: Les Entreprises Distinction Inc. · creditor: Plomberie Atlas · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 3198.89 · debtor: Les Entreprises Distinction Inc. · creditor: Plomberie J.C. Ryan inc · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 2055.09 · debtor: Les Entreprises Distinction Inc. · creditor: PMP Electrique inc · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 942 · debtor: Les Entreprises Distinction Inc. · creditor: Porte de Garage RSM · currency: CAD
unsecured creditorsnote: Stated amount 0.00 · page: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 0 · debtor: Les Entreprises Distinction Inc. · creditor: Reno-assistance · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 3364.61 · debtor: Les Entreprises Distinction Inc. · creditor: Sebastien Martin · currency: CAD
unsecured creditorspage: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 1252.53 · debtor: Les Entreprises Distinction Inc. · creditor: Societe de l'assurance automobile du Quebec · currency: CAD
unsecured creditorsnote: Lehi UT USA · page: 5 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste A - creanciers non garantis · amount: 499.17 · debtor: Les Entreprises Distinction Inc. · creditor: Xacleware · currency: CAD
secured creditorsnote: List B secured creditors. Claim (montant de la reclamation) 150,000.00; estimated value of security 22,540.00; unsecured shortfall (solde non-garanti) 127,461.00 also carried as a distinct List A entry (do not double-count). Security given 14-Dec-2017. · page: 6 · as of: 2018-08-16 · amount: 150000 · debtor: Les Entreprises Distinction Inc. · creditor: Caisse Desjardins du Haut-Richelieu (Marge credit / line of credit) · currency: CAD · security: Accounts receivable of the business (est. value 12,539.00, security dated 14-Dec-2017); machinery - rolling stock (est. 8,000.00); machinery - tools (est. 2,000.00, 14-Dec-2017); total estimated value of security 22,540.00
secured creditorsnote: List B secured creditors. Vehicle financier/lessor. c/o BankruptcyHighway.com, Etobicoke ON. · page: 6 · as of: 2018-08-16 · amount: 1 · debtor: Les Entreprises Distinction Inc. · creditor: Societe de Location GM Financial Canada Ltee · currency: CAD · security: Motor vehicle: 2018 Chevrolet Silverado, VIN 1GCVKNEC1JZ123593 (estimated value 1.00); security dated 09-May-2018
unsecured creditorsnote: PREFERRED creditor - employees' wages (List C), ranks ahead of ordinary unsecured (BIA s.136). Claim 7,838.00; none payable in full; 7,838.00 ranking for dividend. · page: 7 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste C - creanciers privilegies (preferred creditors, wages) · amount: 7838 · debtor: Les Entreprises Distinction Inc. · creditor: Employes (Employees) · currency: CAD
unsecured creditorsnote: Revenu Quebec payroll source deductions (deductions a la source) - deemed-trust class; listed as a contingent/other liability in List D · page: 8 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste D - contingent/trust claims or other liabilities · amount: 6550 · debtor: Les Entreprises Distinction Inc. · creditor: Agence du revenu du Quebec (DAS - source deductions) · currency: CAD
unsecured creditorsnote: Canada Revenue Agency (Agence du revenu du Canada) payroll source deductions (deductions a la source) - deemed-trust class; listed as a contingent/other liability in List D · page: 8 · as of: 2018-08-16 · basis: Statement of Affairs (Formulaire 78) Liste D - contingent/trust claims or other liabilities · amount: 10480 · debtor: Les Entreprises Distinction Inc. · creditor: ARC - Taxe - Quebec (DAS - source deductions) · currency: CAD