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president of SCC, affidavits regarding the good standing of SCC.
SCC issued deeds for the 22 houses. Mr. Strong executed those
deeds as president of SCC. Finally, during the years at issue
and thereafter, SCC filed various notices with the Minnesota
secretary of state.
Mr. Strong’s Bankruptcy Filing
In March 1990, Mr. Strong, doing business as Strong
Construction, filed for relief under chapter 7 of the Bankruptcy
Code. In his bankruptcy petition, which Mr. Strong signed under
penalties of perjury, he made the following representations:
a. That his current monthly gross income was zero and
that his current monthly expenses were $1,319. He also
stated that “debtor had been living off proceeds from
sale of personal property, which proceeds are now
exhausted”;
b. that he had been engaged in the construction
business under the name “Strong Construction” and that
all books of account and records were kept and
maintained by him, that they were available, and that
none had been destroyed;
c. that he had received no income other than from the
operation of his business in the 2 years preceding the
filing of the bankruptcy petition;
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