Bankruptcy Law, Credit, Timothy Kingcade Posts

Latest Drama Surrounding Casey Anthony’s Bankruptcy Filing- Anthony Agrees to pay $25K to settle life story rights

Recent documents show that Casey Anthony has reportedly agreed to pay $25,000 to settle a dispute in her bankruptcy case involving the rights to sell her life story. In March, trustee Stephen Meininger filed a motion seeking permission to sell ‘the exclusive worldwide rights of Anthony’s life story.’ He claims her story is property and an asset that could be sold to pay the more than $790,000 debt she owes others. Anthony’s bankruptcy attorneys are of course opposed to the motion.

Meininger says Anthony has a right to commercialize her story, which became property of the bankruptcy estate when she filed. Anthony, however, “adamantly opposes” the concept that her story is property that can be commercialized.

The parties agree the concept of selling the “alleged property interest is novel and has not been addressed by any case law that the parties have been able to discover.”

According to the filing, both parties agree the $25,000 settlement is in the best interest of the creditors in the case, and such an agreement will avoid long-term litigation. The bankruptcy judge has not issued an order on the joint request. However, the bigger question is, ‘How is Anthony going to obtain the $25,000?’

Click here to read more on the latest drama surrounding Casey Anthony’s bankruptcy filing.

If you are in a financial crisis and are considering filing bankruptcy, contact an experienced Miami bankruptcy attorney who can advise you of all of your options. As an experienced CPA as well as a proven bankruptcy lawyer, Timothy Kingcade knows how to help clients take full advantage of the bankruptcy laws to protect their assets and get successful results. Since 1996 Kingcade & Garcia, P.A. has been helping people from all walks of life build a better tomorrow. Our attorneys’ help thousands of people every year take advantage of their rights under bankruptcy protection to restart, rebuild and recover. The day you hire our firm, we will contact your creditors to stop the harassment. You can also find useful consumer information on the Kingcade & Garcia website at www.miamibankruptcy.com.

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