Proceedings.

Scierie Laforet Inc.

Follow
Closed
Proceeding
BankruptcyLa Loi sur la faillite et l'insolvabilité
File
450-11-000120-190
Filings held1
Last activity5 Jul 2019
On the record2,635 days
Secured debt$275K
OverviewSummary updated

Scierie Laforet Inc. remains in active insolvency proceedings, with the trustee reporting no dividend anticipated for unsecured creditors because the expected realization value is less than the secured claims. The company's Statement of Affairs declares assets of $325,000 and total liabilities of $704,850, comprising $325,000 secured and $379,850 unsecured; realized values have not been determined. Three secured creditors are identified by estimated claim: Caisse populaire Desjardins at $275,400 on first-ranking hypothecs, Transcibois Inc. at $150,000 on third-ranking hypothecs, and SADC de Coaticook at $120,000 on second-ranking hypothecs. The unsecured debt is reported in aggregate at $379,850, against which $20,869 has been received to date, with no individual unsecured creditors named.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates1 dated entry
Parties

Debtor

Scierie Laforet Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredCaisse populaire Desjardins · in 4 casesas declared per Statement of Affairs (bilan) — Hypothèques du 1er rang (1st ranking mortgages) — Estimated claim (réclamation estimée) — debtor: Scierie Laforet Inc.$275KReport of the trustee on his preliminary administration
4SecuredTranscibois Inc.as declared per Statement of Affairs (bilan) — Hypothèques du 3e rang (3rd ranking mortgages) — Estimated claim (réclamation estimée) — debtor: Scierie Laforet Inc.$150KReport of the trustee on his preliminary administration
4SecuredSADC de Coaticookas declared per Statement of Affairs (bilan) — Hypothèques du 2e rang (2nd ranking mortgages) — Estimated claim (réclamation estimée) — debtor: Scierie Laforet Inc.$120KReport of the trustee on his preliminary administration
8UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesas declared per Statement of Affairs (bilan) — Document names no individual unsecured creditors; $20,869 received to date against this claimed amount — debtor: Scierie Laforet Inc.$380KReport of the trustee on his preliminary administration
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived
Total assets at filing$325K
Total liabilities at filing$705K

per Valeur déclarée au bilan (declared value per balance sheet); realized value not yet determined ('-') · Entity: Scierie Laforet Inc. — Total liabilities = 325,000 secured (per bilan) + 379,850 unsecured (per bilan) as reported by trustee; trustee states realization value expected to be less than secured claims, so no dividend anticipated to unsecured creditors

Documents1 filing
DateDocumentFile
Report of the trustee on his preliminary administration
  • Appointee MNP LTÉE
  • Appointee role syndic à la faillite
  • Commencement date 5 July 2019
  • Court COUR SUPÉRIEURE
  • + 7 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Scierie Laforet Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/scierie-laforet-inc

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/scierie-laforet-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.