HIdden Assets
I bankrupt company had $ 748,711.00 due to it from preferred shares.
Somehow this was overlooked.
The trustee and receiver are one of the same company.
They are now stating that it was part of the purchase of the assets.
If they did not know about it then how can it be part of it?
I have gone to the authorities and all I am getting is lip service. I have all the documentation to prove this and have already been to a hearing. These preferred shares were worth the above amount at the time of the bankruptcy. The receiver and trustee never talked to the controller of the company during the bankruptcy as he was not required they stated. Something smells here and I would like some help. I have exhausted myself to the point of ill health and have exhausted my funds with lawyers. I need someone to help me. please listen.
If you have a complaint about how a trustee has handled a file, you can make your complaint to the Superintendent of Bankruptcy, at either your local office, or in Ottawa.