Breaking news! Rudy Giuliani has filed for Chapter 11 bankruptcy in New York. Check out the article for more information.
On Friday (December 15), a jury declared that he must pay two Fulton County election workers, Ruby Freeman and Shaye Moss, nearly $ 150 million in damages for alleging their interference with the 2020 presidential election in Georgia.
A federal judge mandated on Wednesday that Giuliani must pay the election workers without delay, so he would not be able to conceal any of his personal financial resources. This bankruptcy filing won’t erase his debt. It is unlikely that it will erase the $148 million debt he owes, and bankruptcy regulations do not allow erasing debts from “willful and malicious injury” against others.
At one point in time, Giuliani had a high reputation, known as “America’s mayor,” and his assets totaled more than $ 50 million. However, his promotion of Trump’s allegations of election fraud initiated a series of unfortunate events, including financial difficulties, criminal accusations, and, of course, his hefty legal expenses.
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BREAKING: Rudy Giuliani files for Chapter 11 bankruptcy in New York
— MSNBC (@MSNBC) December 21, 2023
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