August 19, 2019

Unusual Asset Arises in Casey Anthony Bankruptcy Case

Casey Anthony buys back life story from trusteeBack in 2011, the nation was fixated on the trial of Casey Anthony, the Florida woman who was accused of killing her daughter.  Ms. Anthony was, of course, acquitted of murder but her problems did not end there.

Earlier this year, Ms. Anthony filed Chapter 7 bankruptcy, claiming that she owed over $800,000 to around 80 creditors and that she has no income.  Among the creditors are her defense attorney – to whom she owes $500,000, and a defamation suit of an unknown amount filed by a former babysitter 1

No doubt Ms. Anthony’s bankruptcy case will continue for months and months as she is likely to face litigation in the form of challenges to dischargeability from creditors.  However, one issue has been resolved that is somewhat unusual for a bankruptcy case. [Read more…]

  1. A Chapter 7 debtor can and should include all creditors and potential creditors even if the exact amount of the debt is unknown or not yet determined.  If the Chapter 7 discharge goes through the pending claims will be extinguished.

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