Lakehouse Homestore Ltd. is before the Supreme Court of British Columbia in Bankruptcy and Insolvency under court file 11-3249678, in a court-appointed receivership commenced on July 21, 2025 under BIA s. 243 and provincial Judicature Act authority. A court officer's report filed the same day records that the company made a voluntary assignment into bankruptcy on July 21, 2025. The proceeding is active. Nothing further has been read out of the record on this file beyond that first-day report.
The officer filed a report. The Company ceased retail operations on July 19, 2025 and made a voluntary assignment into bankruptcy, after which MNP Ltd. was also appointed Receiver under National Bank's security and is realizing the Company's remaining inventory and equipment through an online auction, with no recovery expected for the estate or unsecured creditors. Court file 11-3249678.
Source: Trustee's Report to Creditors
Debtor
Lakehouse Homestore Ltd.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | National Bank of Canada (formerly Canadian Western Bank) · in 101 casesas of date of Receivership (2025-08-05) — General Security Agreement dated August 1, 2019, registered in BC PPR under Base Registration No. 650310L — Primary appointing secured creditor; also listed as an unsecured claimant for $54,014.00 in the Creditor Mailing List (page 5), suggesting a deficiency/bifurcated portion. — debtor: Lakehouse Homestore Ltd. | $455K | Form 87 - Notice and Statement of the Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
57 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no recovery. National Bank of Canada short.EstimatedTrustee's Report to Creditors · 11 Aug 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | National Bank of Canada | — | shortfall | Estimatedper the receiver | Trustee's Report to Creditors · 11 Aug 2025 |
| Unsecured | — | — | no recovery | Estimatedper the trustee | Trustee's Report to Creditors · 11 Aug 2025 |
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.
As at ·
The total the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Report to Creditors
| PDF · Subscribers | |
Form 87 - Notice and Statement of the Receiver
| PDF · Subscribers | |
| Certificate of Assignment | PDF · Subscribers | |
First Meeting of Creditors' Package
| 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., “Lakehouse Homestore Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/lakehouse-homestore-ltd
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/lakehouse-homestore-ltd
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.