#Filing
Legible Media became bankrupt at 14:34, placing its estate under Crowe Mackay & Company Ltd as trustee and fixing the September 18, 2025 statement of affairs.
Source: Certificate of Filing
Legible Media Inc.
ActiveFollow
- Proceeding
- BankruptcySection 49 of the Act; Rule 85
- File
- 11-3274405
Filings held2
Last activity18 Sep 2025
On the record413 days
OverviewSummary updated
Legible Media Inc. went into bankruptcy on September 18, 2025 at 14:34 under section 49 of the Act and Rule 85, with Crowe Mackay & Company Ltd as trustee. The British Columbia estate is carried under court file 11-3274405 and remains active. The Statement of Affairs as at September 18, 2025, as stated and estimated by the bankrupt, reports total assets of $1.00 against total liabilities of $6,980,595.60 and a deficiency of $6,980,594.60. Unsecured creditors account for $6,478,089.85, contingent and trust claims $502,504.75, secured creditors $1.00 and preferred creditors $0.00. The unsecured register is built on promissory notes, unpaid wages and trade payables, the largest being $1,671,328.97 owed to Jaret Wilson on promissory notes.
Proceedings AIOpen Proceedings AI
Case updates2 dated entries
Parties
Debtor
Legible Media Inc.
Trustee in bankruptcy
Crowe MacKay
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Pacific · in 77 casesEmployee source deductions taxes; deemed trust class; classified as contingent/trust claim not unsecured in original table (total amount of claim column) — debtor: Legible Media Inc. · as of 18 Sep 2025 | $503K | Notice of Bankruptcy |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
112 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansEstate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansDocuments2 filings
| Date | Document | File |
|---|---|---|
Certificate of Filing
| PDF · Subscribers | |
Notice of Bankruptcy
| 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., “Legible Media Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/legible-media-inc