Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditors dated December 15, 2011
Notice to creditors · 15 December 2011
A plain-language read of this filing opens with a subscription.
What we verified from this filing18 verified
- commencement date9 December 2011
- court file no31-1570748
- provinceONTARIO
- secured creditorsnote: Preliminary list of creditors as at date of bankruptcy; amount of $1.00 reflects that the balance due, if any, is undetermined or unknown · page: 2 · as of: 2011-12-09 · amount: 1 · debtor: Margosa Credit Union Limited · creditor: Central 1 Credit Union · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 1 · debtor: Margosa Credit Union Limited · creditor: BELL CANADA · currency: CAD
- unsecured creditorsnote: Regulatory/tax claim · page: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 728 · debtor: Margosa Credit Union Limited · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Aggregate for depositors as reported; individual depositor names not itemised · page: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 470142 · debtor: Margosa Credit Union Limited · creditor: Depositors - various · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 13.95 · debtor: Margosa Credit Union Limited · creditor: Elavon · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 141.25 · debtor: Margosa Credit Union Limited · creditor: Equifax · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 84.75 · debtor: Margosa Credit Union Limited · creditor: G4S Cash Solutions (Canada) Ltd. · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 25.29 · debtor: Margosa Credit Union Limited · creditor: Infonancial Software Inc. · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 1 · debtor: Margosa Credit Union Limited · creditor: Myers Norris Penny · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 1 · debtor: Margosa Credit Union Limited · creditor: Ricoh Canada Inc. · currency: CAD
- unsecured creditorsnote: Also acting as Administrator of the bankrupt entity · page: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 4500 · debtor: Margosa Credit Union Limited · creditor: Deposit Insurance Corporation of Ontario · currency: CAD
- unsecured creditorsnote: Listed under 'Preferred' category · page: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 12126 · debtor: Margosa Credit Union Limited · creditor: Aldgate Construction (1988) Ltd. - Employees - various · currency: CAD
- unsecured creditorsnote: Listed under 'Preferred' category · page: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 1190 · debtor: Margosa Credit Union Limited · creditor: Aldgate Construction (1988) Ltd. · currency: CAD
- unsecured creditorspage: 2 · as of: 2011-12-09 · basis: Preliminary list of creditors as submitted by the debtor, without admission as to any liabilities or privilege · amount: 1 · debtor: Margosa Credit Union Limited · creditor: ADP Canada · currency: CAD
- financial positionnote: Total unsecured creditors $475,371.00; secured claims $1.00; preferred creditors $13,316.00; total liabilities $488,868.00; total assets $736,116.00; surplus reported as $247,428.00 (document notes 'Deficiency' field as NIL) · page: 3 · as at: 2011-12-09 · basis: Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer · scope: Margosa Credit Union Limited (entity level, administered by Deposit Insurance Corporation of Ontario) · currency: CAD · total assets: 736116 · total liabilities: 488868