Frettable Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 24-3158127
Frettable Inc. has been bankrupt since November 26, 2024, with MNP Ltd. acting as Licensed Insolvency Trustee under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta, court file 24-3158127. Management-prepared financial statements as at December 31, 2023, the most current available, show total assets of $766 against total liabilities of $220,533, with capital of $375,004 and a retained earnings deficit of $(594,771) producing a shareholders' deficiency of $(219,767). Marula Blue Investments Inc. is listed per the company's books and the Alberta Personal Property Registry as a secured creditor with an estimated claim of $248,773 ranking ahead of unsecured claims. Unsecured claims estimated from the books include $61,000 to Bank of Montreal under CEBA and $995 on a BMO Business Mastercard. The Canada Revenue Agency has not filed a proof of claim.
Debtor
Frettable Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Marula Blue Investments Inc.as of date of this report — Listed per books and records and Alberta Personal Property Registry as having priority over unsecured claims; estimated claim. — debtor: Frettable Inc. | $249K | Trustee's Report to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
3 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no recovery.EstimatedTrustee's Report to Creditors · 12 Dec 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | estimated | no recovery | Estimatedper the trustee | Trustee's Report to Creditors · 12 Dec 2024 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Report to Creditors
| PDF · Subscribers | |
| First Meeting of Creditor's Package | PDF · Subscribers | |
Certificate of Assignment
| 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., “Frettable Inc.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/frettable-inc