Proceedings.

2224927 Albert Inc. o/a Signature Fine Furniture

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Proceeding
BankruptcySection 49(1) of the Bankruptcy and Insolvency Act ("BIA")
File
BKY #25-2994562
Filings held2
Last activity5 Oct 2023
On the record1,082 days
Secured debtSubscribers
OverviewSummary updated

2224927 Alberta Inc., operating as Signature Fine Furniture, is the subject of insolvency proceedings whose type is not specified in the record. Its claims register shows Ford Credit Canada holding a purchase money security interest in a 2019 Ford F-150, with a proof of claim filed and admitted at $38,254.38 against a Statement of Affairs estimate of $31,000.00. Westoba Credit Union's claim of $13,694.16 and two RBC Visa accounts listed as secured are marked not proved; the trustee's report notes RBC's actual proofs of claim were filed as unsecured despite RBC holding a general security agreement. Unsecured claims admitted for dividend include Business Development Bank of Canada (Vancouver) at $186,583.83 and several RBC Visa balances, while CRA, Business Development Bank of Canada (Calgary), Capital Ideas, Square Canada and Homefield claims remain not proved.

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Case updates2 dated entries
Parties

Debtor

2224927 Albert Inc. o/a Signature Fine Furniture

Trustee in bankruptcy

Hudson & Company Insolvency Trustees

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredWestoba Credit Union Limitedas of Statement of Affairs — Claim status 'Not proved'; no proof of claim filed and no security type specified in the register. — debtor: 2224927 Alberta Inc. o/a Signature Fine Furniture$13.7KTrustees Report on Preliminary Administration

16 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustees Report on Preliminary Administration · 25 Oct 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustees Report on Preliminary Administration · 25 Oct 2023

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Documents2 filings
DateDocumentFile
Trustees Report on Preliminary Administration
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 5 October 2023
  • Court file no BKY #25-2994562
  • + 7 more extracted facts
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Creditor Package
  • Appointee Hudson & Company Insolvency Trustees Inc.
  • Appointee role trustee
  • Commencement date 5 October 2023
  • Court file no 25-2994562
  • + 2 more extracted facts
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “2224927 Albert Inc. o/a Signature Fine Furniture” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2224927-albert-inc-o-a-signature-fine-furniture

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/2224927-albert-inc-o-a-signature-fine-furniture

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.