Fly America Furniture Inc. / BANKRUPTCY

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Proceeding: BankruptcySubsection 102(1) of the Act
Court: Superior Court of Québec
File: 500-11-026657-052

Filings held2

Last activity19 Dec 2005

On the record7,581 days

OverviewSummary updated 24 August 2026

Fly America Furniture Inc. (Meubles Fly America Inc.) became bankrupt on 19 December 2005 in Quebec, under subsection 102(1) of the Bankruptcy and Insolvency Act, with RSM Richter Inc. serving as trustee in the Superior Court of Québec (Commercial Division) under court file 500-11-026657-052. As at 19 December 2005, the statement of affairs recorded total assets of $2,286,000.00 against total liabilities of $7,283,685.34, a stated deficiency of $4,997,685.34. Assets comprised a bank deposit of $2,000,000.00 and equipment under capital lease valued at $286,000.00. Unsecured creditors were reported at $6,997,685.34 and secured creditors at $286,000.00. The bankruptcy followed a notice of intention to make a proposal filed on 11 October 2005.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

FormProof of Claim • December 23, 2005

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Case updates2 dated entries

19 Dec 2005

#Claims

A claims procedure was approved. Court file 500-11-026657-052.

Source: Notice of Bankruptcy and First Meeting of Creditors • December 23, 2005

11 Oct 2005

#Claims

Claims are determined as of 11 October 2005, the date the notice of intention to make a proposal was filed.

Source: Proof of Claim • December 23, 2005

Parties

Debtor

Fly America Furniture Inc. / BANKRUPTCY

Trustee in bankruptcy

Richter

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Secured creditors (aggregate as reported, see attached list) · in 35 casesEquipment – capital lease (encumbered) — Document lists only aggregate figure; refers to 'see list attached' but individual secured creditors are not named on these pages. — debtor: Fly America Furniture Inc. · as of 19 Dec 2005	$286K	Notice of Bankruptcy and First Meeting of Creditors • December 23, 2005

1 more claim across lower-ranking classesSubscribe to view⁠

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents2 filings

Date	Document	File
23 Dec 2005	Notice of Bankruptcy and First Meeting of Creditors • December 23, 2005 Appointee RSM Richter Inc. Appointee role Trustee Commencement date 19 December 2005 Court SUPERIOR COURT (Commercial Division) + 6 more extracted facts	PDF · Subscribers

23 Dec 2005	Proof of Claim • December 23, 2005 Appointee RSM Richter Inc. Appointee role Trustee Commencement date 11 October 2005 Statutory basis Section 50.1, subsections 65.2(4), 81.2(1), 102(2), 124(2), 128(1), and paragraphs 51(1)(e) and 66.14(b) of the Act	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., “Fly America Furniture Inc. / BANKRUPTCY” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/meubles-fly-america-inc-faillite