Each Proposal is different and terms can vary greatly. If you have a specific entity that you need to inquire about, please click here to access our public files. The Trustees Report on the Proposal will indicate the estimated amounts to be paid, based on the records of the company.

In order to receive a Dividend, you need to fill out a Proof of Claim. You can click here to see how to fill it out. Also, make sure you send along with you Proof of Claim, a Statement of Account and / or the invoice that remains unpaid. Any discrepancies between the Proof of Claim and the company's records are investigated by the company. You must send your proof of claim by: Email: or Fax: or Mail:

Most of the time, the company is still operating and is working on restructuring its operations in order to continue serving its clients and maintaining its relationship with its suppliers and creditors. Sometimes it has wound down its operations but still wants to make a Proposal to its creditors that is more favorable than a bankruptcy. If you have a specific entity that you need to inquire about, please click here to access our public files....

For the Proposal to be binding on the creditors, a majority of the proven creditors by number (50% +1), holding 2 / 3 of the proven dollar value (66.67%), must vote to approve the Proposal presented to them.

In order to receive a Dividend, you need to fill out a Proof of Claim. You can click here to see how to fill it out. Also, make sure you send along with you Proof of Claim, a Statement of Account AND/OR the invoice that remains unpaid. You must send your proof of claim by: Email: Fax: or Mail:

More often than not, it will be possible to calculate the estimated Dividend, once the Trustee receives the Proof of Claims from the creditors. But it is not uncommon that based on the amounts owed to secured creditors/crown, no Dividend will be paid to the unsecured creditors. If you have a specific entity that you need to inquire about, please click here to access our public files.

It could be for various reasons ranging from a simple data entry error because your invoice was not processed on time. In any case, please click here to access our public files and contact the appropriate person so they can add you to the distribution list and send you any relevant information.

The Receiver will have in most cases a Court Order that will indicate direction on the assets. If you have a specific entity that you need to inquire about, please click here to access our public files.

The Receiver is appointed by the Court for a secured creditor to sell or restructure or secure the assets that are part of the collateral it lent money for, which may entail selling the business as a going-concern. If you have a specific entity that you need to inquire about, please click here to access our public files.

The Receiver will pay any invoices necessary for the operations that have been approved after its appointment. Any invoices unpaid prior to that date will typically remain unpaid. If you have a specific entity that you need to inquire about, please click here to access our public files.