Casey Anthony files for bankruptcy in Florida

 
No Author Published: January 27, 2013    Comment on this article Leave a comment

photo - FILE - In this July 7, 2011 file photo, Casey Anthony smiles before the start of her sentencing hearing in Orlando, Fla. Casey Anthony has filed for bankruptcy in Florida, Friday, Jan. 25, 2013, claiming about $1,100 in assets and $792,000 in liabilities. (AP Photo/Joe Burbank, File)
FILE - In this July 7, 2011 file photo, Casey Anthony smiles before the start of her sentencing hearing in Orlando, Fla. Casey Anthony has filed for bankruptcy in Florida, Friday, Jan. 25, 2013, claiming about $1,100 in assets and $792,000 in liabilities. (AP Photo/Joe Burbank, File)

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According to the courts, the aim of seeking Chapter 7 bankruptcy protection is to be discharged of most existing debts — essentially to obtain a fresh financial start. A trustee may have the right to take possession of and sell non-exempt property and use the sale proceeds to pay creditors, but Anthony lists little in the way of assets. A debtor may still be held responsible for some obligations, such as taxes and student loans.

The filing came on the same day that a Florida appellate court set aside two of the four convictions she faced for lying to detectives during the investigation into her missing daughter.

Though Anthony was acquitted of killing Caylee, jurors convicted her of four counts of lying to detectives, and her attorneys appealed those convictions. Anthony was sentenced to time served for the misdemeanors.

She was sentenced to a year of probation after her release from jail for an unrelated case. For her protection, her whereabouts have been kept secret since she was released from state supervision last year.

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