École de créativité La Factry
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 500-11-065062-248
École de créativité La Factry, operating as Factry School of Creativity, is in bankruptcy under the Bankruptcy and Insolvency Act. Its Statement of Affairs, dated December 18, 2024, reports total assets of $30,000 against total liabilities of $602,226.45, a deficiency of $572,226.45. Secured claims total $5,043.02, representing the secured portion of an unpaid wages claim against cash on hand, with an estimated security surplus of $24,956.98. Unsecured claims total $597,183.43, led by Employment and Social Development Canada at $187,950, the Secrétariat à la jeunesse at $168,000, unpaid rent to Cadillac Fairview of $73,686.82, and the unsecured balance of unpaid wages of $50,977.92, among numerous smaller trade and service creditors.
Debtor
École de créativité La Factry
Trustee in bankruptcy
KPMG
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Employees (wage earners) · in 196 casesCash on hand (asset item #101, 'Espèces') — Secured portion of unpaid wages claim ('Salaires non payés'); total claim $56,020.94 split $50,977.92 unsecured / $5,043.02 secured; asset securing claim identified as item 101 (cash); estimated surplus of security $24,956.98; individual employees not named. Debt incurred 2024-12-17. — debtor: Factry School of Creativity · as of 18 Dec 2024 | $5.04K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
34 more claims in 1 class The stack holds Secured and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice of bankruptcy and first meeting of creditors
| PDF · Subscribers | |
Certificate of appointment (In French only)
| PDF · Subscribers | |
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CiteProceedings., “École de créativité La Factry” (Bankruptcy), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/cole-de-cr-ativit-la-factry