New York Debtor & Creditor Law

Every section of the New York Debtor & Creditor Law, in order — 193 sections. Source: NY Senate Open Legislation, current through November 4, 2026.

• N.Y. Debt. & Cred. Law § 1 — Short title
• N.Y. Debt. & Cred. Law § 2 — Jurisdiction of proceedings
• N.Y. Debt. & Cred. Law § 3 — Requisites of general assignment
• N.Y. Debt. & Cred. Law § 4 — Debtor's schedule
• N.Y. Debt. & Cred. Law § 5 — Notice to creditors to present claims
• N.Y. Debt. & Cred. Law § 6 — Bond of assignee
• N.Y. Debt. & Cred. Law § 7 — Further security
• N.Y. Debt. & Cred. Law § 8 — Discharge or removal of assignee; correction of inventory or schedule; supplemental inventories or schedules
• N.Y. Debt. & Cred. Law § 9 — Failure to file bond
• N.Y. Debt. & Cred. Law § 10 — Action on bond; application of recovery
• N.Y. Debt. & Cred. Law § 11 — Proceedings in case of death of assignee
• N.Y. Debt. & Cred. Law § 12 — Notices to parties interested in the estate as creditors or otherwise
• N.Y. Debt. & Cred. Law § 13 — Debts which may be proved against the estate
• N.Y. Debt. & Cred. Law § 14 — Duties of assignee
• N.Y. Debt. & Cred. Law § 15 — Power of court
• N.Y. Debt. & Cred. Law § 16 — Examination of witnesses
• N.Y. Debt. & Cred. Law § 17 — Invalid claims
• N.Y. Debt. & Cred. Law § 18 — Effect of orders; power of judge and duties of clerk
• N.Y. Debt. & Cred. Law § 19 — Sale and compromise of claims and property
• N.Y. Debt. & Cred. Law § 20 — General powers of court
• N.Y. Debt. & Cred. Law § 21 — Trial, costs and commissions
• N.Y. Debt. & Cred. Law § 21-a — Company pension plans; deductions from wages trust moneys; preference
• N.Y. Debt. & Cred. Law § 22 — Wages and commissions and preferred claims
• N.Y. Debt. & Cred. Law § 23 — Limitation of preferences
• N.Y. Debt. & Cred. Law § 24 — Appraisal of estate in the hands of assignee
• N.Y. Debt. & Cred. Law § 30 — Definitions
• N.Y. Debt. & Cred. Law § 31 — Secured creditor's claim to disclose security
• N.Y. Debt. & Cred. Law § 32 — Effect of concealment
• N.Y. Debt. & Cred. Law § 33 — Value of security credited upon claims
• N.Y. Debt. & Cred. Law § 34 — Determination of value by secured creditor
• N.Y. Debt. & Cred. Law § 35 — Alternative determinations of value
• N.Y. Debt. & Cred. Law § 36 — Exempt security not credited
• N.Y. Debt. & Cred. Law § 37 — Constitutionality
• N.Y. Debt. & Cred. Law § 38 — Uniformity of interpretation
• N.Y. Debt. & Cred. Law § 50 — Who may be discharged
• N.Y. Debt. & Cred. Law § 51 — To what court application to be made
• N.Y. Debt. & Cred. Law § 52 — Contents of petition
• N.Y. Debt. & Cred. Law § 53 — Consent of creditors to be annexed
• N.Y. Debt. & Cred. Law § 54 — Consent of executor, administrator, receiver, or trustee
• N.Y. Debt. & Cred. Law § 55 — Consent of corporation or joint-stock association
• N.Y. Debt. & Cred. Law § 56 — Consent of partnership
• N.Y. Debt. & Cred. Law § 57 — Effect of consent where petitioner is a joint debtor
• N.Y. Debt. & Cred. Law § 58 — Consent of purchaser or assignee of debt
• N.Y. Debt. & Cred. Law § 59 — Consenting creditor must relinquish security
• N.Y. Debt. & Cred. Law § 60 — Penalty if creditor swears falsely
• N.Y. Debt. & Cred. Law § 61 — Affidavit of consenting creditor
• N.Y. Debt. & Cred. Law § 62 — When non-resident creditor to annex accounts and securities
• N.Y. Debt. & Cred. Law § 63 — Petitioner's schedule
• N.Y. Debt. & Cred. Law § 64 — Petitioner's affidavit
• N.Y. Debt. & Cred. Law § 65 — Order to show cause
• N.Y. Debt. & Cred. Law § 66 — How order published and served
• N.Y. Debt. & Cred. Law § 67 — Hearing
• N.Y. Debt. & Cred. Law § 68 — Putting cause on calendar
• N.Y. Debt. & Cred. Law § 69 — Opposing creditor to file specifications, and may demand jury trial
• N.Y. Debt. & Cred. Law § 70 — Opposing creditor to file proofs, if not named in schedule
• N.Y. Debt. & Cred. Law § 71 — Proceedings if jurors do not agree
• N.Y. Debt. & Cred. Law § 72 — When insolvent required to produce his non-resident wife
• N.Y. Debt. & Cred. Law § 73 — Examination of insolvent
• N.Y. Debt. & Cred. Law § 74 — When insolvent cannot be discharged
• N.Y. Debt. & Cred. Law § 75 — When assignment to be directed
• N.Y. Debt. & Cred. Law § 76 — Assignment; contents, and to whom made
• N.Y. Debt. & Cred. Law § 77 — Trustees, how designated
• N.Y. Debt. & Cred. Law § 78 — Effect of assignment
• N.Y. Debt. & Cred. Law § 79 — When discharge to be granted
• N.Y. Debt. & Cred. Law § 80 — Order to show cause where trustee refuses to give certificate
• N.Y. Debt. & Cred. Law § 81 — Proceedings upon return of order
• N.Y. Debt. & Cred. Law § 82 — Discharge and other papers to be recorded
• N.Y. Debt. & Cred. Law § 83 — Effect of discharge
• N.Y. Debt. & Cred. Law § 84 — Effect of discharge as to foreign contracts or creditors
• N.Y. Debt. & Cred. Law § 85 — Effect of discharge as to debts to the United States and the state
• N.Y. Debt. & Cred. Law § 86 — Insolvent to be released from imprisonment
• N.Y. Debt. & Cred. Law § 87 — Discharge, when void
• N.Y. Debt. & Cred. Law § 88 — Invalidity may be proved on motion to vacate order of arrest or execution
• N.Y. Debt. & Cred. Law § 100 — Who may be exempted, and by what court
• N.Y. Debt. & Cred. Law § 101 — Contents of petition
• N.Y. Debt. & Cred. Law § 102 — Petitioner's schedule
• N.Y. Debt. & Cred. Law § 103 — Petitioner's affidavit
• N.Y. Debt. & Cred. Law § 104 — Order to show cause
• N.Y. Debt. & Cred. Law § 105 — Proceedings on return of order
• N.Y. Debt. & Cred. Law § 106 — Order directing assignment; assignment pursuant thereto
• N.Y. Debt. & Cred. Law § 107 — When discharge to be granted; effect thereof
• N.Y. Debt. & Cred. Law § 108 — Discharge and other papers to be recorded
• N.Y. Debt. & Cred. Law § 109 — Petitioner to be released from imprisonment
• N.Y. Debt. & Cred. Law § 110 — Debts and demands not affected
• N.Y. Debt. & Cred. Law § 111 — Discharge, when void
• N.Y. Debt. & Cred. Law § 120 — Who may be discharged
• N.Y. Debt. & Cred. Law § 121 — To what court application to be made
• N.Y. Debt. & Cred. Law § 122 — When petition may be presented
• N.Y. Debt. & Cred. Law § 123 — Contents of petition; schedule
• N.Y. Debt. & Cred. Law § 124 — Affidavit of petitioner
• N.Y. Debt. & Cred. Law § 125 — Notice to creditors
• N.Y. Debt. & Cred. Law § 126 — Notice to creditors; when service cannot be made
• N.Y. Debt. & Cred. Law § 127 — Notice to creditors; when state a creditor
• N.Y. Debt. & Cred. Law § 128 — Proceedings on presentation of petition
• N.Y. Debt. & Cred. Law § 129 — Adjournment
• N.Y. Debt. & Cred. Law § 130 — Proceedings on adjourned day
• N.Y. Debt. & Cred. Law § 131 — Assignment; effect thereof
• N.Y. Debt. & Cred. Law § 132 — Discharge; when to be granted
• N.Y. Debt. & Cred. Law § 133 — Petitioner's property still liable
• N.Y. Debt. & Cred. Law § 134 — When creditor may issue new execution against person
• N.Y. Debt. & Cred. Law § 135 — Powers and duties of trustee
• N.Y. Debt. & Cred. Law § 136 — Creditor may notify debtor to apply for discharge
• N.Y. Debt. & Cred. Law § 137 — Effect of failure so to apply
• N.Y. Debt. & Cred. Law § 138 — Debtors to state or United States not to be discharged
• N.Y. Debt. & Cred. Law § 139 — Discharge on application of taxpayer
• N.Y. Debt. & Cred. Law § 150 — Cancellation of record of judgment discharged in bankruptcy
• N.Y. Debt. & Cred. Law § 151 — Right of set off against unmatured debts
• N.Y. Debt. & Cred. Law § 160 — Trustees for creditors
• N.Y. Debt. & Cred. Law § 161 — Sole trustee
• N.Y. Debt. & Cred. Law § 162 — Two or more trustees
• N.Y. Debt. & Cred. Law § 163 — Death of trustee; survivor or successor
• N.Y. Debt. & Cred. Law § 164 — Trustees' oath
• N.Y. Debt. & Cred. Law § 165 — Vesting of property in trustees
• N.Y. Debt. & Cred. Law § 166 — Powers of trustees
• N.Y. Debt. & Cred. Law § 167 — Notice to debtors, bailees and creditors
• N.Y. Debt. & Cred. Law § 168 — Power to sue notwithstanding notice
• N.Y. Debt. & Cred. Law § 169 — Forfeiture for failure to comply with notice
• N.Y. Debt. & Cred. Law § 170 — Warrant on withholding account or property
• N.Y. Debt. & Cred. Law § 171 — Examination of person arrested
• N.Y. Debt. & Cred. Law § 172 — Imprisonment for contumacy
• N.Y. Debt. & Cred. Law § 173 — No discharge for defects of form
• N.Y. Debt. & Cred. Law § 174 — Penalties for connivance at escape
• N.Y. Debt. & Cred. Law § 175 — Effect of answers on examination
• N.Y. Debt. & Cred. Law § 176 — Reward to informers
• N.Y. Debt. & Cred. Law § 177 — Reference of disputed claims
• N.Y. Debt. & Cred. Law § 178 — Application for appointment of referee
• N.Y. Debt. & Cred. Law § 179 — Appointment of referee
• N.Y. Debt. & Cred. Law § 180 — Entry of order of reference
• N.Y. Debt. & Cred. Law § 181 — Powers, duties and compensation of referees
• N.Y. Debt. & Cred. Law § 182 — Filing and effect of referees' report
• N.Y. Debt. & Cred. Law § 183 — Commission to take testimony out of county
• N.Y. Debt. & Cred. Law § 184 — Sale of property and accounts of trustees
• N.Y. Debt. & Cred. Law § 185 — Meeting of creditors and notice thereof
• N.Y. Debt. & Cred. Law § 186 — Proceedings at creditors' meetings
• N.Y. Debt. & Cred. Law § 187 — Payment of disbursements and commissions of trustees
• N.Y. Debt. & Cred. Law § 188 — Preferred debts
• N.Y. Debt. & Cred. Law § 189 — Distribution of moneys
• N.Y. Debt. & Cred. Law § 190 — Preference of debts owing by debtor as trustee
• N.Y. Debt. & Cred. Law § 191 — Payment of debts before maturity
• N.Y. Debt. & Cred. Law § 192 — Set-off of mutual debts or credits
• N.Y. Debt. & Cred. Law § 193 — No set-off in certain cases
• N.Y. Debt. & Cred. Law § 194 — Provision for pending actions
• N.Y. Debt. & Cred. Law § 194-a — Provision for contingent or unliquidated liabilities
• N.Y. Debt. & Cred. Law § 195 — Penalties recovered
• N.Y. Debt. & Cred. Law § 196 — Subsequent dividends
• N.Y. Debt. & Cred. Law § 197 — Provision for neglectful creditors
• N.Y. Debt. & Cred. Law § 198 — Unclaimed dividends
• N.Y. Debt. & Cred. Law § 199 — Disposition of surplus
• N.Y. Debt. & Cred. Law § 200 — Allowance to debtor
• N.Y. Debt. & Cred. Law § 201 — Accounting by trustees
• N.Y. Debt. & Cred. Law § 202 — Trustees subject to order of court
• N.Y. Debt. & Cred. Law § 203 — Appointment of substitute trustee
• N.Y. Debt. & Cred. Law § 204 — Application by trustee for leave to renounce
• N.Y. Debt. & Cred. Law § 205 — Account upon application
• N.Y. Debt. & Cred. Law § 206 — Verification of account
• N.Y. Debt. & Cred. Law § 207 — Order to show cause
• N.Y. Debt. & Cred. Law § 208 — Publication of notice
• N.Y. Debt. & Cred. Law § 209 — Hearing
• N.Y. Debt. & Cred. Law § 210 — Order permitting renunciation
• N.Y. Debt. & Cred. Law § 211 — Assignment by renouncing trustee
• N.Y. Debt. & Cred. Law § 212 — Effect of assignment
• N.Y. Debt. & Cred. Law § 213 — Order for discharge of trustee from trust
• N.Y. Debt. & Cred. Law § 214 — Effect of order
• N.Y. Debt. & Cred. Law § 215 — Recording order and filing papers
• N.Y. Debt. & Cred. Law § 216 — Payment of expense of renunciation
• N.Y. Debt. & Cred. Law § 217 — New trustee in place of one absent
• N.Y. Debt. & Cred. Law § 218 — Powers and duties of new trustee
• N.Y. Debt. & Cred. Law § 250 — Notice to creditors of incompetent person or conservatee
• N.Y. Debt. & Cred. Law § 251 — Authority for committee or conservator to compromise claims
• N.Y. Debt. & Cred. Law § 252 — Payment by committee or conservator of claims
• N.Y. Debt. & Cred. Law § 253 — Citation to attend judicial settlement of accounts of committee or conservator
• N.Y. Debt. & Cred. Law § 254 — Service of citation
• N.Y. Debt. & Cred. Law § 255 — Proceedings on return of citation
• N.Y. Debt. & Cred. Law § 270 — Definitions
• N.Y. Debt. & Cred. Law § 271 — Insolvency
• N.Y. Debt. & Cred. Law § 272 — Value
• N.Y. Debt. & Cred. Law § 273 — Transfer or obligation voidable as to present or future creditor
• N.Y. Debt. & Cred. Law § 274 — Transfer or obligation voidable as to present creditor
• N.Y. Debt. & Cred. Law § 275 — When transfer is made or obligation is incurred
• N.Y. Debt. & Cred. Law § 276 — Remedies of creditor
• N.Y. Debt. & Cred. Law § 276-a — Attorney's fees in action or special proceeding under this article to avoid a transfer or obligation
• N.Y. Debt. & Cred. Law § 277 — Defenses, liability, and protection of transferee or obligee
• N.Y. Debt. & Cred. Law § 278 — Extinguishment of claim for relief
• N.Y. Debt. & Cred. Law § 279 — Governing law
• N.Y. Debt. & Cred. Law § 280 — Supplementary provisions
• N.Y. Debt. & Cred. Law § 281 — Uniformity of application and construction
• N.Y. Debt. & Cred. Law § 281-a — Relation to electronic signatures in global and national commerce act
• N.Y. Debt. & Cred. Law § 282 — Permissible exemptions in bankruptcy
• N.Y. Debt. & Cred. Law § 283 — Aggregate individual bankruptcy exemption for certain annuities and personal property
• N.Y. Debt. & Cred. Law § 284 — Exclusivity of exemptions
• N.Y. Debt. & Cred. Law § 285 — Alternative federal exemptions
• N.Y. Debt. & Cred. Law § 290 — Laws repealed
• N.Y. Debt. & Cred. Law § 291 — When to take effect