- 16 - d. that he was not holding property for another person and that no other person was holding property for him; e. that the only real property in which he had an interest was his residence at 7090 107th Avenue, Clear Lake, Minnesota, and that the value of his interest therein was $30,000; f. that he had no cash on hand, and the market value of any interest he had in stock or interests in incorporated or unincorporated companies was zero. He reported only $3,500 in personal property on his bankruptcy petition; and g. he reported liabilities of $199,581.38. Mr. Strong attended a meeting of creditors under 11 U.S.C. section 341 on June 15, 1990. The trustee reported that after diligent inquiry, she had located no property belonging to the bankruptcy estate. A discharge was granted Mr. Strong on August 15, 1990. Robert Munns (Mr. Munns) represented Mr. Strong as his attorney in his 1990 bankruptcy filing. Mr. Munns prepared the bankruptcy petition and accompanying schedules using information Mr. Strong provided to him. Mr. Munns reviewed Mr. Strong’s bankruptcy petition with him before filing it. Mr. Strong did not inform Mr. Munns that he had a large accumulation of cash on hand. Mr. Munns did not advise Mr. Strong that he did not havePage: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
Last modified: May 25, 2011