In December 2013, a Florida bankruptcy judge ruled that Casey Anthony would not have to pay most of the nearly $800,000 she owes creditors. Anthony made the news in 2011 when she went on trial for the murder of her 2-year-old daughter, Caylee. She was acquitted on murder charges but convicted of lying to law enforcement.
Anthony filed for bankruptcy in early 2013, claiming $792,000 in liabilities and just $1,000 in assets. Most of her debts are legal bills.
In August, Anthony agreed to pay $25,000 to her bankruptcy estate to avoid selling her life story rights to pay for the bankruptcy. The trustee in the case looked into the possibility as a way to raise money to pay off debt. The $25,000 compromise was reached to avoid litigation over her life story rights, since there is no precedent for such a sale in bankruptcy.
In November, a judge approved a settlement between Anthony and a Texas search group that helped look for the missing toddler. Equusearch spent $100,000 searching for the girl, who Anthony later claimed died in the family swimming pool. Anthony says she is unemployed, living off friends and the gift cards and cash that strangers send her.
In Chapter 7 bankruptcy, all of a person’s non-exempt assets may be sold off to pay creditors.
If you have questions about Chapter 7 bankruptcy, call the experienced Florida bankruptcy attorneys at LSS Law. Please keep in mind that every case is different, so if you are thinking of filing bankruptcy and would like to schedule a no-cost consultation, please contact our office by completing the form on this website, calling us at 954-920-5355, or emailing us at firstname.lastname@example.org.