Proceedings.

Toys, Toys, Toys Inc.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
31-2655720
Filings held2
Last activity3 Jul 2020
On the record2,316 days
Secured debtSubscribers
OverviewSummary updated

Toys, Toys, Toys Inc. filed a Statement of Affairs (Form 78) as at July 3, 2020, reporting total assets of $852,000.00 against total liabilities of $1,503,155.11, a deficiency of $651,155.11. Preferred and contingent liabilities were both reported at nil. Secured claims cover multiple vehicle financings from Toyota Credit Canada, Honda Canada Finance, Mercedes-Benz Financial Services Canada, and Fairstone Financial, alongside a $600,000.00 claim from related party Toys, Toys, Toys Investco Inc. secured against stock in trade and trade fixtures, leaving a $40,000.00 deficiency also listed as an unsecured claim. Unsecured creditors named in the filing include landlord The Cadillac Fairview Corporation Limited on two properties and trade suppliers such as Hasbro Canada Corporation, Ontrea Inc., and Lego Canada Inc.

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Case updates1 dated entry · 1 undated
Undated filings1 — no date appears on the document · show
Parties

Debtor

Toys, Toys, Toys Inc.

Trustee in bankruptcy

Schwartz Levitsky Feldman Inc.

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredToys, Toys, Toys Investco Inc.Business Assets - Stock in Trade (estimated value $550,000.00) and Business Assets - Trade Fixtures (estimated value $10,000.00); combined security value $560,000.00 leaving a balance of claim (deficiency) of $40,000.00 — Related party - creditor name closely matches debtor name (likely affiliate/parent); deficiency of $40,000.00 also reported as an unsecured claim (see List A) — debtor: TOYS, TOYS, TOYS.INC. · as of 3 Jul 2020$600KNotice to Creditors
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured

39 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate 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.

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Documents2 filings
DateDocumentFile
Notice to Creditors
  • Appointee Alan Page
  • Appointee role trustee
  • Commencement date 3 July 2020
  • Court file no 31-2655720
  • + 6 more extracted facts
PDF · Subscribers
Proof of Claim Form
  • Appointee Schwartz Levitsky Feldman Inc.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 3 July 2020
  • Court file no 31-2655720
  • + 1 more extracted fact
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., “Toys, Toys, Toys Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/toys-toys-toys-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/toys-toys-toys-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.