|J & E Transport||
|Kim Wallman||Rob Wallman|
Date of Appointment
|5 March 2010||
PH: (08) 9215 7951
Type of Appointment
|WA 118 of 2010/3|
The Debtor’s financial difficulties arose following the loss of cartage work from clients of J & E Transport. The subsequent reduction of income, along with the continuing ongoing repayments for leased equipment, resulted in a number of vehicles being repossessed.
Prospect of a small dividend.
Outcome of Creditors Meeting
A PIA which was put to Creditors on 26 February 2010 was rejected – the Debtors subsequently filed for Bankruptcy.
Past Trustee Actions
Prepare and circulate report to Creditors re PIA – 12 February 2010
Circulation of Interim report to Creditors – 1 June 2010
Outstanding Trustee Actions
Investigating undervalued transactions which took place in March 2009.
Report to Creditors.
Distribution of dividend if funds available.
Documents available for Download
Proof of Debt form (pdf)
Notice of Appointment of Trustee – 6 March 2010 (pdf)
Interim Report to Creditors – 1 June 2010 (pdf)
Request for Remuneration Approval – 18 June 2010 (pdf)