
Joel R. Glucksman
Partner
201-896-7095 jglucksman@sh-law.comFirm Insights
Author: Joel R. Glucksman
Date: January 31, 2013

Partner
201-896-7095 jglucksman@sh-law.comCasey Anthony, the 26-year-old woman acquitted of killing her 2-year-old daughter in a 2011 trial that created a national uproar, has filed for Chapter 7 bankruptcy protection.
Anthony filed her bankruptcy in a federal court in Tampa, Florida, claiming $1,100 in assets and $792,000 in liabilities. In court documents, Anthony listed debts of $500,000 for legal fees incurred during the trial; $145,660 for the Orange County Sheriff’s office relating to a judgment covering investigative fees and costs related to the case; $68,540 for the Internal Revenue Service for taxes, interest and penalties; and $61,505 for the Florida Department of Law Enforcement for court costs, according to The Associated Press.
Anthony also named nearly 80 creditors in her court filing, with debts related to several categories ranging from medical and psychiatric services to scuba diving lessons, the AP reports.
Under Chapter 7 bankruptcy, a trustee will be assigned to take possession of and sell Anthony’s non-exempt property and assets, the sale proceeds of which will be used to pay creditors. However, Anthony currently lists herself as unemployed and with few assets. Although many of the debts may be discharged through Chapter 7 bankruptcy, there are some balances that may not be eliminated through bankruptcy protection, such as certain taxes owed to the IRS and federal student loans.
In addition to her financial troubles, Anthony is also the target of several lawsuits, including defamation lawsuits that came about following her murder trial, and another from the state of Florida, which is trying to recoup investigative costs.
Although Anthony filed for bankruptcy in Tampa, using her parent’s home address, her exact residence and location have been kept secret to protect her from the angry backlash that resulted from her acquittal.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Few situations create more uncertainty than learning that an employee has filed a whistleblower complaint. Questions arise immediately: Is the allegation legitimate? Should the employee be placed on leave? Do we need to notify our insurance carrier? Are we now prevented from disciplining the employee if there are unrelated ongoing work related issues? There is […]
Author: Sean M. Pena

When a business reaches the point where it can no longer service its debts or otherwise resolve its liabilities, management is often faced with a difficult question: is a bankruptcy filing necessary or is there another way to perform an orderly liquidation or sale of the business assets? While Chapters 7 and 11 of the […]
Author: John D. Giampolo

For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]
Author: George McGowan

As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]
Author: Marc J. Comer

In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]
Author: George McGowan

Receiving a federal grand jury subpoena is not something most businesses or individuals anticipate. While it can be concerning, a federal grand jury subpoena does not necessarily mean that you are being accused of wrongdoing. It does, however, mean that a federal criminal investigation is underway and that federal prosecutors believe you may possess information […]
Author: Sean M. Pena
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!