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Maritime Fuels declares bankruptcy, customers warned to stop prepayment plan

By Steve MacArthur Nov 17, 2023 | 5:04 PM

Customers of Maritime Fuels should stop any pre-scheduled payments as the company has declared bankruptcy.

The notice was sent out late Friday afternoon by the Nova Scotia government.

Customers on a prepayment plan for their home heating fuel should contact their bank or credit card company and stop those payments right away.

The local fuel company filed for bankruptcy on Thursday, November 16.

Under bankruptcy legislation, a licensed insolvency trustee is in charge of dealing with creditors.

The province is urging anyone who paid for fuel they did not or will not receive to contact PwC Canada.

It will ensures that they will hear from the trustee as arrangements are made to pay off the company’s debts.

The province is not aware of how many customers were on a prepayment plan.