In a surprising turn of events, former mayor of New York City and personal attorney to Donald Trump, Rudy Giuliani, has filed for bankruptcy in federal court. This action comes after a federal jury recently ordered him to pay a staggering $150 million to two former Georgia election workers whom he had defamed. Giuliani claims that his debts amount to as much as $500 million, while his assets are a mere $10 million.
The bankruptcy filing is primarily aimed at delaying the payment to the two women involved in the defamation case, which represents the largest portion of Giuliani's outstanding debts. However, further examination of Giuliani's financial situation reveals a host of other pressing issues. It has been discovered that he owes $1 million in unpaid taxes to both the federal government and the state of New York. Additionally, he has accumulated $1.7 million in unpaid legal fees owed to his past legal representatives, as well as a surprising $30,000 in phone bills.
