590 pages of court documents will bring you up to speed on what 11000 former owners are going through bdo.ca/BDO/media/Extr… #timeshare #receivership #CarriageResorts

barrietoday.com/local-news/its…

All Owners must participate in the Ownership Claims Process and submit their claims by 5:00p.m. (Toronto time) April 11, 2022. If an Owner does not submit a claim by the Claims Bar Date, they will not be entitled to receive a distribution. bdo.ca/en-ca/extranet…

Frequently asked questions about “ownership claims process” and Prime Clerk bdo.ca/BDO/media/Extr… #timeshare #receivership #carriagehills #carriageridge #saleproceeds #distribution

Due to a “very complicated claims process” involving 30,000 owners, liquidator and its lawyers have pushed the date for proposal of distribution of funds to owners. The next court hearing is scheduled for August 23. bdo.ca/BDO/media/Extr… #timeshare #liquidation

More frequently asked questions about claims process, forms, online portal, ex-spouses, deceased owners, unique IDs: bdo.ca/BDO/media/Extr… #timeshare #sale #proceeds #distribution

Whoever signed the contract with partner/ spouse - means all co-owners had to be counted. A brilliant idea to complicate things even further.

Still thinking about handing over $ to someone who initiates contact regarding your #timeshare? Read this. fraud.laws.com/fraud-news/las…

Proposed interim distribution, less any outstanding debt or mortgage on the interval, will be in CAD, while non-residents will receive USD in October of 2022.

For Every Year Interval in the Hills Resort you get $4,378.60. Every Year Interval in the Ridge Resort is $4,754.88 Odd/Even Year Interval in the Hills Resort is $2,189.31 Odd/Even Year Interval in the Ridge Resort is $2,377.44.

In September owners will receive email (or snail-mail post if they do not use email) from Kroll instructing to opt for a “method of payment.” Owners must respond within 30 days. For details, refer to Court Docs - 7th Report, Sect: 5.8 Payment Options p. 30 (p.65-66 in the pdf).

Payment mid-October after you respond to email from Kroll - which you should get mid-Sept.

More details in Frequently Asked Questions document which should be posted on this site next week bdo.ca/en-ca/extranet… - look for FAQs dated Aug. 26.