Former Principal of Katonah Elementary School in New York Filed for Bankruptcy in 2009
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Court records reveal elementary school principal's bankruptcy filing


January 25, 2011

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Court records reveal elementary school principal's bankruptcy filing

Jonathan Kaplan, the principal of Katonah Elementary School in New York, recently confused many parents when he announced his sudden resignation from this position. He claimed he had been dealing with family health issues and recovering from a fire that damaged his home, and court records show that he had also been dealing with financial difficulties, according to the Lower Hudson Journal News.

In August 2009, Kaplan filed for Chapter 7 bankruptcy, listing $723,929 in liabilities and $658,140 in assets. One month later, his home was severely damaged in an electrical fire, according to the news source.

Kaplan and the school district have not suggested any link between Kaplan's resignation and his past bankruptcy filing, and the school board president was reportedly surprised to hear about the bankruptcy.

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