In a surprising twist of events, former New York City Mayor filed for bankruptcy amid mounting legal troubles and debts. The timing of this move has raised eyebrows, given the recent court ruling ordering Giuliani to pay nearly $150 million to a group of Georgia election workers. It seems that Giuliani is attempting to rid himself of this substantial financial burden.
According to his legal team, the decision to file for bankruptcy was not unexpected, as it is a means to seek protection from creditors. The major claim against Giuliani stems from the lawsuit filed by the aforementioned Georgia election workers, but it is not the only financial challenge he faces. He also owes approximately $1 million in unpaid taxes for two consecutive years. Additionally, Giuliani has accrued $1.7 million in unpaid legal bills, primarily related to his involvement in promoting conspiracy theories surrounding the 2020 elections. Surprisingly, a $30,000 unpaid phone bill has been added to the list of his financial woes.
