Phone Call Us 414-326-9231
Toll Free 866-678-9352
Text Us 414-277-7742

Casey Anthony files bankruptcy

Casey Anthony, formerly on trial for the murder of her toddler daughter for which she was later acquitted, has entered into a bankruptcy agreement that will save her from having to sell her life story. The judge who is presiding in Anthony's Chapter 7 bankruptcy case approved the agreement in which she and her bankruptcy trustee agreed on a payment of $25,000 in order for her to not have to sell the rights to her story. Wisconsin bankruptcy clients may be able to enter into favorable agreements that allow them to retain the rights to income-garnering assets.

Casey Anthony filed bankruptcy in January. At the time, she claimed that she had approximately $792,000 in liabilities and only $1,000 in assets. She indicated that she did not have any recent income and that she was unemployed. She also stated that she had not received any money up to this time to tell her story. Furthermore, she stated that she had to rely on friends and strangers who would send gift cards and cash so that she could survive. She also indicated that she has been living with friends.

Previously, the bankruptcy trustee was considering whether Anthony could be required to pay off her debts to creditors by selling the rights to her life story. Anthony was opposed to the idea, and her bankruptcy lawyers argued that requiring her to sell the rights to her life story would relinquish Anthony's control over this information and would affect her for the remainder of her life. However, the question was a novel one presented to the court with no precedent to look to for guidance. The compromise was reached after both sides acknowledged that the other had a plausible argument.

Bankruptcy lawyers may be able to help individuals who cannot afford to pay off their debts. They may be able to protect some assets in the process.

Source: CBS News, "Casey Anthony agrees to pay $25K to bankruptcy estate to avoid selling her life story", August 02, 2013

No Comments

Leave a comment
Comment Information

Contact Our Milwaukee Law Firm

Reach Miller & Miller Law, LLC, online or call us at 414-326-9231 to schedule a free initial consultation. Our law office also provides Spanish language services. Se habla español.

To schedule an initial consultation, call 414-326-9231 or contact Miller & Miller today.

Free Case Evaluation

* indicates required field

Milwaukee Office
633 W Wisconsin Ave, Suite 500
Milwaukee, WI 53203

Phone: 414-312-6581
Fax: 414-277-1303
Milwaukee Law Office Map

Kenosha Office
6123 Green Bay Road
Suite 210
Kenosha, WI 53142

Phone: 262-326-1669
Kenosha Law Office Map

Brookfield Office
200 S. Executive Drive
Suite 101
Brookfield, WI 53005

Phone: 262-261-0665
Brookfield Law Office Map

Madison Office
2810 Crossroads Drive
Suite 4001
Madison, WI 53718

Phone: 608-260-7133
Madison Law Office Map

Glendale Office
6001 N. Green Bay Avenue
Glendale, WI 53209

Phone: 414-973-8662
Glendale Law Office Map