Fitzroy Taxi Trucks owe creditors
A COURT application to enable about 200 people who believe they are owed money from the bankrupt estate of a former Fitzroy Taxi Trucks owner is expected to be heard early next year.
The application seeks authority to declare a dividend to the unsecured creditors of the bankrupt estate of Kaye Isabel Deaves.
Yesterday, joint trustee of the estate Moira Carter said she would be surprised if the matter was heard before Christmas, but hoped this would be done early next year.
She said because Ms Deaves had not completed her statement of affairs, a judge needed to grant permission for the final dividend payout to creditors and former employees from the estate.
Ms Carter said former employees would be given priority, with a maximum payout, set by the bankruptcy act, of $3950 each.
“If they are owed any money after that, they will go back into the general pool,” she said.
Ms Deaves became bankrupt on May 4, 2005.
Details of the value of the estate were not released yesterday.
In May last year The Morning Bulletin reported major fraud charges were dropped against the owners of the business due to a lack of prosecution evidence.
The matter had been before the courts for two years.
Ms Deaves was among five people charged with fraudulently keeping more than $500,000 worth of goods meant for Rockhampton businesses between 2000 and 2005.
Ms Carter said if anyone believed they may be a creditor and they are not known to the trustee they should call her on (07) 4721 2971 or email firstname.lastname@example.org