Casey Anthony Owes $800,000, Files for Bankruptcy

Posted February 1, 2013 in Bankruptcy Crime by

Casey Anthony's 2008 mugshotCasey Anthony, who was acquitted in 2011 for the murder of her daughter Caylee, has filed for bankruptcy in Florida, citing debts of nearly $800,000. Anthony, 26, lists only $1,084 in assets against the massive sum she owes, mostly in legal fees.

She was accused of killing her two-year-old in 2008 with chloroform and duct tape, and then dumping the body in the woods. Her defense attorney, Jose Baez of the Baez Law Firm, argued that the baby had drowned in a swimming pool.

The defense was successful, but costly — the biggest chunk of the obligations in Anthony’s bankruptcy filing is a $500,000 payment she owes Baez. She’s also in hock for $145,660.21 to the Orange County Sheriff’s Office and $68,540 to the IRS. The filing further lists a number of debts of unknown amounts to a variety of legal and forensics-related firms.

Among her assets are listed $474 in cash, $200 in furniture, $200 worth of jewelry and $100 of clothing and accessories.

 

What’s that Discharge?

Attorney Charles M. Greene headshot

Charles M. Greene

Anthony filed for Chapter 7 bankruptcy, which would allow her to liquidate her assets, such as they are, to pay what she can to creditors and then discharge the rest of the debt. However, not all debt is dischargeable. The following obligations cannot be wiped clean through Chapter 7 in most circumstances, according to the Fishback Law Corporation:

  • Student loans
  • Child support
  • Spousal support
  • Some tax debts, including certain federal and state income tax, and estate and gift tax
  • Some judgments, such as for willful and malicious injury to person or property, or personal injury caused while driving under the influence
  • Debts which you fail to include in your bankruptcy filing may not be dischargeable

Ultimately the bankruptcy court will decide how much of Anthony’s debt can be tossed out. Even if she manages to erase all the red ink, however, she could still have future legal troubles.

Though she was acquitted of murder, Anthony was found guilty on four counts of lying to authorities, although two of the convictions were thrown out last week. She is also facing at least two civil suits stemming from fabrications about her daughter’s death.

Her current attorney, Charles M. Greene of Charles M. Greene, P.A., told ABC News that Anthony might use the skills she’s acquired during her odyssey through the legal system to become a paralegal. “I truly believe that she has a lot of skills,” Greene said. “I think she may be the type that ends up trying to work within our system to make our system better rather than being a person who’s trying to break it down.”

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