Proceedings.

Schnarr Legacy Craftsmen Inc

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
35-3337434
Filings held3
Last activity17 Mar 2026
On the record254 days
OverviewSummary updated

Schnarr Legacy Craftsmen Inc made an assignment in bankruptcy on February 24, 2026, with the time of bankruptcy recorded as 09:25 that day. The proceeding is a bankruptcy under the Bankruptcy and Insolvency Act, cited on the record to section 67(b), and is carried in Ontario under court file number 35-3337434. The record of the same date covers the calling of a meeting of creditors and the filing of a court officer's report confirming the assignment. The proceeding remains active, and the record to date consists of the commencement materials.

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Case updates3 dated entries
Parties

Debtor

Schnarr Legacy Craftsmen Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency (CRA) · in 985 casesas of date of bankruptcy (February 24, 2026) — Deemed trust for unremitted source deductions — Approximate amount per Company records; CRA has not yet confirmed this amount. Deemed trust class, ranks in priority to Trustee and all other creditors. Statement of Affairs lists Deemed Trust as $nil pending confirmation. — debtor: Schnarr Legacy Craftsmen Inc.$100KPreliminary Report of Trustee
4Secured
4Secured
8Unsecured

3 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.

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RecoveriesAs stated in the filings

Secured creditors: no distribution.EstimatedPreliminary Report of Trustee · 17 Mar 2026

ClassCreditorClaimsRecoveryBasisSource
Securedsecured or unsecured creditors—no distributionEstimatedper the trusteePreliminary Report of Trustee · 17 Mar 2026

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.

Documents3 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 24 February 2026
  • Court file no 35-3337434
  • + 7 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 24 February 2026
  • Court file no 35-3337434
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Commencement date 24 February 2026
  • Court file no 35-3337434
  • Province Ontario
  • Financial position Subscribers
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., “Schnarr Legacy Craftsmen Inc” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/schnarr-legacy-craftsmen-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/schnarr-legacy-craftsmen-inc

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.