N.Y. Debtor & Creditor Law § 167

§ 167. Notice to debtors, bailees and creditors. The trustees,\nimmediately upon their appointment, shall give notice thereof for at\nleast three weeks in a newspaper published in the county where\napplication was made and therein shall require:\n 1. All persons indebted to such debtor, by a day and at a place\ntherein to be specified, to render an account of all debts and sums of\nmoney owing by them respectively, to such trustees, and to pay the same;\n 2. All persons having in their possession any property or effects of\nsuch debtor, to deliver the same to the said trustees by the day so\nappointed;\n 3. All the creditors of such debtor to deliver their respective\naccounts and demands to the trustees or one of them, by a day to be\ntherein specified, not less than forty days from the first publication\nof such notice.\n