Strategic Funding Source, Inc. d/b/a Kapitus v. Persaud
Adversary Proceeding
Lead BK case is: 8:20-bk-70854
Lead BK case is: 8:20-bk-70854
| New York Eastern Bankruptcy Court | |
| Chapter 7 | |
| Judge: | Louis A Scarcella |
| Case #: | 8:24-ap-08013 |
| Nature of Suit | 62 Bankruptcy - Dischargeability - §523(a)(2), false pretenses, false representation, actual fraud |
| Case Filed: | Feb 09, 2024 |
| Terminated: | Nov 07, 2024 |
| Last checked: never |
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Defendant
Ramnarine Persaud
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Represented By
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Plaintiff
Strategic Funding Source, Inc. d/b/a Kapitus
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Represented By
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| Docket last updated: 05/09/2025 1:08 PM EDT |
| Friday, January 31, 2025 | ||
| 34 | 34
court
Abstract of Judgment
Fri 01/31 4:49 PM
Abstract of Judgment: Judgment entered on 10/09/2025, against Ramnarine Persaud represented by Matthew V Spero Rivkin Radler LLP 926 RXR Plaza Uniondale, NY 11556 in favor of Strategic Funding Source, Inc. d/b/a Kapitus c/o Rivkin Radler LLP 926 RXR Plaza Uniondale, NY 11556 represented by Hector M Roman, Jr Law Office of Hector M. Roman, P.C. 108-14 Jamaica Avenue Richmond Hill, NY 11418 in the amount of $ 225000.00 (las) |
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court
Receipt Number and Filing Fee - Generic
Mon 02/03 9:25 AM
Receipt Number 10335225; Fee Amount $ 30.00 (dld) |
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| Tuesday, January 28, 2025 | ||
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court
Receipt Number and Filing Fee - Generic
Wed 01/29 10:01 AM
Receipt Number 10335204; Fee Amount $ 24.00 for Certification Fee (srm) |
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| Thursday, November 07, 2024 | ||
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court
Close Adversary Case
Thu 11/07 11:03 AM
Adversary Case 8:24-ap-8013 Closed (dhc) |
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| Thursday, October 17, 2024 | ||
| 33 | 33
court
BNC Certificate of Mailing with Application/Notice/Order
Fri 10/18 12:12 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 10/17/2024. (Admin.) |
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| Friday, October 11, 2024 | ||
| 32 | 32
court
BNC Certificate of Mailing with Application/Notice/Order
Sat 10/12 12:10 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 10/11/2024. (Admin.) |
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| Wednesday, October 09, 2024 | ||
| 31 | 31
order
Judgment (Signed by Judge) (1/1/11)
Wed 10/09 4:05 PM
Judgment Determining Debt to be Nondischargeable. Judgment be and is hereby entered against Ramnarine Persaud in favor of Strategic Funding Source Inc. d/b/a Kapitus in the amount of $225,000.00, plus interest at the New York statutory judgment rate per annum during the Repayment Period, as defined in the Settlement Agreement, plus the attorneys fees and costs of enforcing same. As to Ramnarine Persaud, the debt set forth in this Judgment is nondischargeable pursuant to 11 U.S.C. §§ 523(a)(2)(A), (a)(2)(B), (a)(3)(A), (a)(3)(B), (a)(4), and (a)(6). . Signed on 10/9/2024 (dhc) |
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| 30 | 30
order
Generic Order
Wed 10/09 4:00 PM
Order Approving Settlement Agreement (dkt no. 25), a copy of which is attached to this Order. Pursuant to the Settlement Agreement and a confession of judgment of defendant Ramnarine Persaud dated 9/16/2024 [dkt. no. 28], judgment in favor of the plaintiff Strategic Funding Source, Inc. d/b/a Kapitus shall be entered against defendant Ramnarine Persaud in the amount fo $225,000.00, plus interest at the New York statutory judgment rate per annum, attorneys fees and costs (Judgment) and such Judgment shall be nondischarageable . Signed on 10/9/2024 (dhc) |
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Att: 1
Exhibit
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| Wednesday, October 02, 2024 | ||
| 29 | 29
misc
Exhibit
Wed 10/02 11:20 AM
Exhibit B. Proposed Judgment Determining Debt to be Nondischargeable Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| 28 | 28
misc
Exhibit
Wed 10/02 11:18 AM
Exhibit A. Proposed Stipulation for Consent to Nondischargeable Debt Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Monday, September 30, 2024 | ||
| 27 | 27
notice
Notice of Submission of Proposed Order
Mon 09/30 2:03 PM
[ATTORNEY ADVISED TO REFILE USING CORRECT EVENT]Notice of Submission of Proposed Order - Exhibit B Filed by Strategic Funding Source, Inc. d/b/a Kapitus . (Spero, Matthew) Modified to include remark and Exhibit B on 10/1/2024 (caf) |
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| 26 | 26
notice
Notice of Proposed Stipulation
Mon 09/30 1:28 PM
[ATTORNEY ADVISED TO REFILE USING CORRECT EVENT] Notice of Proposed Stipulation By and Between Plaintiff and Defendant to Consent to Nondischargeable Debt " Exhibit A" Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) Modified to include remark on 10/1/2024 (caf) |
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| 25 | 25
notice
Notice of Proposed Stipulation
Mon 09/30 1:25 PM
Notice of Proposed Stipulation By and Between Plaintiff and Defendant to Settlement and Order Filed by Strategic Funding Source, Inc. d/b/a Kapitus. (Spero, Matthew) |
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| Tuesday, August 13, 2024 | ||
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court
zMinute Entry - Hearing Adjourned Without Hearing (Case Owned BK)
Tue 08/13 12:17 PM
Adjourned Without Hearing Status hearing to be held on 11/19/2024 at 10:00 AM at Courtroom 970 (Judge Scarcella), CI, NY. (DianeCorsini) |
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| Wednesday, July 31, 2024 | ||
| 24 | 24
misc
Mediator's Report
Wed 07/31 9:55 AM
Mediator's Report . Filed by Sean C Southard on behalf of Sean C. Southard (Southard, Sean) |
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| Thursday, July 18, 2024 | ||
| 23 | 23
misc
Declaration
Thu 07/18 11:02 AM
Declaration Filed by Sean C Southard on behalf of Sean C. Southard (Southard, Sean) |
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| Friday, June 14, 2024 | ||
| 22 | 22
court
BNC Certificate of Mailing with Application/Notice/Order
Sun 06/16 12:12 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 06/14/2024. (Admin.) |
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| Wednesday, June 12, 2024 | ||
| 21 | 21
court
Court's Certificate of Mailing
Wed 06/12 12:07 PM
Court's Service Lis (dhc) |
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| 20 | 20
order
Appointing Mediator
Wed 06/12 12:06 PM
Order Assigning Matter to Mediation. Sean C. Southard c/o Klestadt Winters Jureller Southard & Stevens, LLP, is hereby designated as mediator. Thomas R. Slome, Esq. c/o Cullen and Dykman LLP, is hereby designated as alternate mediator in the event that Sean C Southard, Esq., has a conflict or is otherwise unable to serve as Mediator. The mediation shall be concluded, whether by separate or joint sessions, by 7/31/2024. By 8/6/2024, the Mediator shall file a status letter as to whether the mediation resulted in a settlement. In the event that this matter is not resolved through mediation or otherwise, the Mediation Parties are directed to appear before the Court at a status conference on 8/13/2024 at 10:00 AM at Courtroom 970 (Judge Scarcella), CI, NY. . Signed on 6/12/2024 (dhc) |
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| Friday, May 31, 2024 | ||
| 19 | 19
misc
Letter
Fri 05/31 3:46 PM
Letter Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Tuesday, May 28, 2024 | ||
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court
zMinute Entry - Hearing Sched/Resched (Case Owned BK)
Tue 05/28 8:32 AM
Hearing Rescheduled. Post Discovery Conference to be held on 11/19/2024 at 10:00 AM at Courtroom 970 (Judge Scarcella), CI, NY. (dng) |
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| Sunday, May 26, 2024 | ||
| 18 | 18
court
BNC Certificate of Mailing with Application/Notice/Order
Mon 05/27 12:08 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 05/26/2024. (Admin.) |
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| Friday, May 24, 2024 | ||
| 17 | 17
order
Assigning Matter to Mediation
Fri 05/24 11:55 AM
Order Concerning Mediation. The Parties shall file a joint letter identifying two (2) proposed mediators in order of preference with the names and addresses of such Mediators within 10 days of the date of this Order is entered. Mediator Selection Deadline due by June 3, 2024. That if the parties cannot agree upon the proposed Mediators within the time set forth in the immediately preceding paragraph, or if the Court determines that selection of a mediator by the Court is appropriate, then the Court shall appoint a Mediator. . Signed on 5/24/2024 (dng) |
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| 16 | 16
order
Scheduling Order
Fri 05/24 11:45 AM
Order Extending Discovery Deadlines. All fact discovery shall be completed no later than September 6, 2024. All discovery shall be completed by no later than October 21, 2024. A joint letter be filed by no later than November 12, 2024. The post-discovery conference in this adversary proceeding shall be rescheduled from August 6, 2024 to November 19, 2024 at 10:00 a.m. The remainder of the Scheduling Order dated April 22, 2024 shall remain unchanged. . Signed on 5/24/2024 (dng) |
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| Wednesday, May 15, 2024 | ||
| 15 | 15
motion
Extend Time
Wed 05/15 3:39 PM
Joint Motion to Extend Time AND request that the Court direct this matter to mediation pursuant to Local Bankruptcy Rule 9019-1 and extend all deadlines in the Courts Scheduling Order (ECF no. 12) by 90 days. Filed by Matthew V Spero, Hector M Roman Jr on behalf of Ramnarine Persaud, Strategic Funding Source, Inc. d/b/a Kapitus. (Roman, Hector) |
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| Wednesday, April 24, 2024 | ||
| 14 | 14
court
BNC Certificate of Mailing with Application/Notice/Order
Thu 04/25 12:10 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 04/24/2024. (Admin.) |
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| Tuesday, April 23, 2024 | ||
| 13 | 13
misc
Affidavit/Certificate of Service
Tue 04/23 9:53 AM
Affidavit/Certificate of Service Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Monday, April 22, 2024 | ||
| 12 | 12
order
Scheduling Order
Mon 04/22 3:12 PM
Scheduling Order. Post Discovery Conference set for 8/6/2024 at 10:00 AM at Courtroom 970 (Judge Scarcella), CI, NY. All discovery due by 7/22/2024. . Signed on 4/22/2024 (dhc) |
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| Tuesday, April 16, 2024 | ||
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court
zMinute Entry - Hearing Held (Document BK & AP)
Tue 04/16 12:09 PM
Hearing Held; Appearances Homdat K. Misra and Matthew Spero. Court to Issue Scheduling Order (caf) |
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| Wednesday, April 10, 2024 | ||
| 11 | 11
answer
Answer to Complaint
Wed 04/10 11:15 AM
Amended Answer to Complaint , Answer to Complaint Filed by Hector M Roman Jr on behalf of Ramnarine Persaud (Roman, Hector) |
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| Tuesday, April 09, 2024 | ||
| 10 | 10
misc
Letter
Tue 04/09 4:11 PM
Letter Joint Letter in Response to 2/13/24 Order Setting Pretrial Conference Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Tuesday, March 19, 2024 | ||
| 9 | 9
answer
Answer to Complaint
Tue 03/19 3:37 PM
First Answer to Complaint , Answer to Complaint Filed by Hector M Roman Jr on behalf of Ramnarine Persaud (Roman, Hector) |
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| Monday, February 26, 2024 | ||
| 8 | 8
misc
Letter
Mon 02/26 4:35 PM
Letter Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| 7 | 7
misc
Affidavit/Certificate of Service
Mon 02/26 4:33 PM
Affidavit/Certificate of Service Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Thursday, February 15, 2024 | ||
| 6 | 6
court
BNC Certificate of Mailing with Application/Notice/Order
Fri 02/16 12:10 AM
BNC Certificate of Mailing with Application/Notice/Order Notice Date 02/15/2024. (Admin.) |
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| Tuesday, February 13, 2024 | ||
| 5 | 5
misc
Affidavit/Certificate of Service
Tue 02/13 3:43 PM
Affidavit/Certificate of Service Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| 4 | 4
order
Scheduling Order
Tue 02/13 3:19 PM
Order Setting Pretrial Conference. Pretrial Conference set for 4/16/2024 at 10:00 AM at Courtroom 970 (Judge Scarcella), CI, NY. The parties are directed to submit via ECF a joint letter no later than 4/9/2024. . Signed on 2/13/2024 (dhc) |
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| 3 | 3
cmp
Summons In An Adversary Proceeding (Judge Trust and Judge Scarcella) (Auto)
Tue 02/13 8:30 AM
Summons In An Adversary Proceeding Issued by Clerk's Office against Ramnarine Persaud Answer Due: 3/14/2024 (hrm) |
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| Monday, February 12, 2024 | ||
| 2 | 2
misc
Adversary Cover Sheet
Mon 02/12 11:33 AM
Adversary Cover Sheet Filed by Matthew V Spero on behalf of Strategic Funding Source, Inc. d/b/a Kapitus (Spero, Matthew) |
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| Friday, February 09, 2024 | ||
| 1 | 1
cmp
Complaint
Fri 02/09 1:31 PM
Adversary case 8 24-08013 Complaint by Strategic Funding Source, Inc. d/b/a Kapitus against Ramnarine Persaud. Fee Amount $350. Nature(s) of Suit: (62 (Dischargeability - 523(a)(2), false pretenses, false representation, actual fraud)). (Spero, Matthew) |
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Att: 1
Exhibit A. Revenue Based Factoring Agreement
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Att: 2
Exhibit B. Judgment
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Att: 3
Exhibit C. Merchant Statement
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Att: 4
Exhibit D. New York Judgment
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