New York Eastern Bankruptcy Court

Case number: 8:25-bk-74838 - Income Advantage Fund LLC - New York Eastern Bankruptcy Court

Case Information
Case title
Income Advantage Fund LLC
Chapter
7
Judge
Louis A. Scarcella
Filed
12/18/2025
Last Filing
10/16/2026
Asset
Yes
Vol
i
Docket Header

RELATED, TempReass, CONS, LEAD




U.S. Bankruptcy Court
Eastern District of New York (Central Islip)
Bankruptcy Petition #: 8-25-74838-las

Assigned to: Judge Louis A. Scarcella
Chapter 7
Involuntary
Asset


Date filed:  12/18/2025
341 meeting:  03/26/2026
Deadline for filing claims:  07/15/2026
Deadline for filing claims (govt.):  07/15/2026

Debtor

Income Advantage Fund LLC

655 Evelyn Ave
East Meadow, NY 11554
NASSAU-NY
Tax ID / EIN: XX-XXXXXXX

represented by
Fred S Kantrow

The Kantrow Law Group, PLLC
732 Smithtown Bypass
Suite 101
Smithtown, NY 11787
516-703-3672
Email: [email protected]

Hailey Lara Kantrow

The Kantrow Law Group PLLC
732 Smithtown Bypass
Suite 101
Smithtown, NY 11787
516-703-3672
Email: [email protected]

Richard Michael Langone

Langone & Associates, PLLC
600 Old Country Road
Ste 328
Garden City, NY 11530
516-795-2400
Fax : 516-795-2425
Email: [email protected]
TERMINATED: 02/03/2026

Petitioning Creditor

Cindy Rosenfeld

3 Kristi Ln
Woodbury, NY 11797
TERMINATED: 01/23/2026

represented by
Jacqulyn S. Loftin

Ruskin Moscou Faltischek, P.C.
1425 RXR Plaza
Uniondale, NY 11556
516-663-6638
Fax : 516-663-6838
Email: [email protected]
TERMINATED: 01/23/2026

Petitioning Creditor

Keith Edwards

40 Harvard St
Islip, NY 11751
TERMINATED: 01/23/2026

represented by
Jacqulyn S. Loftin

(See above for address)
TERMINATED: 01/23/2026

Petitioning Creditor

Richard Morrison

8 Williamsburgh Ln
Nesconset, NY 11767
TERMINATED: 01/23/2026

represented by
Jacqulyn S. Loftin

(See above for address)
TERMINATED: 01/23/2026

Petitioning Creditor

Jaime Ianniello

9 Skybrook Cr
Clifton Park, NY 12065
TERMINATED: 01/23/2026

represented by
Jacqulyn S. Loftin

(See above for address)
TERMINATED: 01/23/2026

Trustee

Marc A. Pergament

Marc A. Pergament, Trustee
400 Garden City Plaza
Ste 309
Garden City, NY 11530
516-877-2424
TERMINATED: 03/12/2026

represented by
Marc A. Pergament

Marc A. Pergament, Trustee
400 Garden City Plaza
Ste 309
Garden City, NY 11530
516-877-2424
Fax : 516-877-2460
Email: [email protected]
TERMINATED: 03/12/2026

Weinberg, Gross & Pergament LLP

400 Garden City Plaza, Suite 309
Garden City, NY 11530
(516) 877-2424
TERMINATED: 03/12/2026

Trustee

R. Kenneth Barnard

3305 Jerusalem Avenue
Suite 215
Wantagh, NY 11793
516-809-9397

represented by
R. Kenneth Barnard

3305 Jerusalem Avenue
Suite 215
Wantagh, NY 11793
516-809-9397
Fax : 516-809-9397
Email: [email protected]

Briana Enck-Smith

Ruskin Moscou Faltischek, P.C.
1425 RXR Plaza
15th Floor, East Tower
Uniondale, NY 11556
516-663-6600
Email: [email protected]

Melanie A FitzGerald

LaMonica Herbst & Maniscalco LLP
3305 Jerusalem Avenue
Suite 201
Wantagh, NY 11793
516-826-6500
Fax : 516-826-0222
Email: [email protected]

LaMonica Herbst & Maniscalco, LLP

3305 Jerusalem Avenue
Suite 201
Wantagh, NY 11793
516-826-6500

Jacqulyn S. Loftin

(See above for address)

Joseph S Maniscalco

LaMonica Herbst Maniscalco
3305 Jerusalem Avenue
Wantagh, NY 11793
(516) 826-6500
Fax : (516) 826-0222
Email: [email protected]

Daniel E. Shapiro

Ruskin Moscou Faltischek, P.C.
1425 RXR Plaza
15 Floor, East Tower
Uniondale, NY 11556
516-663-6600
Fax : 516-663-6730
Email: [email protected]

U.S. Trustee

United States Trustee

Long Island Federal Courthouse
560 Federal Plaza - Room 560
Central Islip, NY 11722-4437
(631) 715-7800
 
 

Latest Dockets
Date Filed#Docket Text
10/16/2026116Docket Text
Affidavit/Certificate of Service / Motion of the Chapter 7 Trustee Seeking Approval, Pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure, of the Stipulation and Order Regarding the Sale of the Woodbury Property and Escrow of Proceeds with Exhibits and Amended Notice of Hearing Filed by Jacqulyn S. Loftin on behalf of R. Kenneth Barnard (RE: related document(s)[114] Motion to Compromise Controversy filed by Trustee R. Kenneth Barnard, [115] Amended Notice of Motion/Presentment filed by Trustee R. Kenneth Barnard) (Loftin, Jacqulyn)
10/16/2026115Docket Text
Amended Notice of Motion/Presentment /Motion to Compromise Controversy /SEEKING APPROVAL, PURSUANT TO RULE 9019 OF THE FEDERAL RULES OF BANKRUPTCY PROCEDURE, OF THE STIPULATION AND ORDER REGARDING THE SALE OF THE WOODBURY PROPERTY AND ESCROW OF PROCEEDS.. Objections to be filed on November 16, 2026. Filed by Jacqulyn S. Loftin on behalf of R. Kenneth Barnard (RE: related document(s)[114] Motion to Compromise Controversy filed by Trustee R. Kenneth Barnard) Hearing scheduled for 11/23/2026 at 10:30 AM at Courtroom 960 (Judge Byowitz), CI, NY. (Loftin, Jacqulyn)
10/16/2026114Docket Text
Motion to Compromise Controversy /SEEKING APPROVAL, PURSUANT TO RULE 9019 OF THE FEDERAL RULES OF BANKRUPTCY PROCEDURE, OF THE STIPULATION AND ORDER REGARDING THE SALE OF THE WOODBURY PROPERTY AND ESCROW OF PROCEEDS. Objections to be filed on November 16, 2026. Filed by Jacqulyn S. Loftin on behalf of R. Kenneth Barnard. Hearing scheduled for 11/23/2026 at 10:30 AM at Courtroom 960 (Judge Byowitz), CI, NY. (Attachments: # (1) Motion # (2) Exhibit 1-Stipulation # (3) Exhibit A-Listing Agreement # (4) Exhibit B-Retainer Agreement) (Loftin, Jacqulyn)
10/15/2026113Docket Text
Affidavit/Certificate of Service / Motion of the Chapter 7 Trustee Seeking the Entry of an Order, Pursuant to Rule 9019 of the Federal Rules of Bankruptcy Procedure, Approving (A) Stipulation By and Among the Chapter 7 Trustee and Strata Trust Company Accountholders that Received Transfers Within Ninety Days and Maintain Such Transfers in Their Accounts; (B) Stipulation By and Among the Chapter 7 Trustee and Strata Trust Company Accountholders that Received Transfers Within Ninety Days and Transferred Such Funds Back Into Their Accounts; and (C) Related Relief with Notice of Hearing and Exhibits Filed by Jacqulyn S. Loftin on behalf of R. Kenneth Barnard (RE: related document(s)[112] Motion to Compromise Controversy filed by Trustee R. Kenneth Barnard) (Loftin, Jacqulyn)
10/15/2026112Docket Text
Motion to Compromise Controversy /SEEKING THE ENTRY OF AN ORDER, PURSUANT TO RULE 9019 OF THE FEDERAL RULES OF BANKRUPTCY PROCEDURE, APPROVING (A) STIPULATION BY AND AMONG THE CHAPTER 7 TRUSTEE AND STRATA TRUST COMPANY ACCOUNTHOLDERS THAT RECEIVED TRANSFERS WITHIN NINETY DAYS AND MAINTAIN SUCH TRANSFERS IN THEIR ACCOUNTS; (B) STIPULATION BY AND AMONG THE CHAPTER 7 TRUSTEE AND STRATA TRUST COMPANY ACCOUNTHOLDERS THAT RECEIVED TRANSFERS WITHIN NINETY DAYS AND TRANSFERRED SUCH FUNDS BACK INTO THEIR ACCOUNTS; AND (C) RELATED RELIEF. Objections to be filed on November 16, 2026. Filed by Jacqulyn S. Loftin on behalf of R. Kenneth Barnard. Hearing scheduled for 11/23/2026 at 10:30 AM at Courtroom 960 (Judge Byowitz), CI, NY. (Attachments: # (1) Motion # (2) Proposed Order # (3) Exhibit A-Strata Reversal Stipulation # (4) Exhibit B-Strata Return Stipulation) (Loftin, Jacqulyn)
09/25/2026111Docket Text
BNC Certificate of Mailing with Notice of Reassignment of Case Notice Date 09/25/2026. (Admin.)
09/23/2026110Docket Text
Notice Re: Administrative Order dated September 22, 2026 to Reassign Case and any related adversary proceedings from Judge Louis A. Scarcella to Judge Alice J Byowitz, effective September 23, 2026. (ymm)
08/07/2026109Docket Text
Adversary case 8-26-08092. Complaint by R Kenneth Barnard, Soley in his Capacity as a Chapter 7 Trustee of the Substantively Consolidated Estate of Income Advantage LLC against Linda Luckman, as Executor of the Estate of Curtis Luckman, CML Irrevocable Trust, Linda Luckman, as Trustee of The CML Irrevocable Trust. Receipt Number Deferred, Fee Amount $350. Nature(s) of Suit: (11 (Recovery of money/property - 542 turnover of property)), (13 (Recovery of money/property - 548 fraudulent transfer)), (91 (Declaratory judgment)). (Attachments: # 1 Exhibit A-June Letter # 2 Exhibit B-August Letter # 3 Exhibit C-October Letter # 4 Adversary Cover Sheet) (Loftin, Jacqulyn) (Entered: 08/07/2026)
07/29/2026108Docket Text
Order Granting Motion for 2004 Examination of TD Bank, N.A.. (Related Doc # 106) (Attachments: # 1 Exhibit) Signed on 7/29/2026. (ymm) (Entered: 07/30/2026)
07/28/2026107Docket Text
Order AUTHORIZING AND APPROVING THE CHAPTER 7 TRUSTEES MOTION FOR THE ENTRY OF AN ORDER AUTHORIZING AND APPROVING THE STIPULATION OF SETTLEMENT AMONG ANDBETWEEN THE CHAPTER 7 TRUSTEE AND LAWFUND, INC.. (Related Doc # [98]) (Attachments: # (1) Exhibit) Signed on 7/28/2026. (ymm)