Former Trump attorney Rudy Giuliani filed for bankruptcy today in federal court after being ordered to pay nearly $150 million in defamation damages to two former Georgia election workers. The bankruptcy filing also reveals that Giuliani has outstanding tax debt of nearly $1 million and owes hundreds of thousands of dollars to his lawyers. Additionally, Giuliani is facing several defamation lawsuits filed by individuals including Hunter Biden, former employees, and even a grocery store worker. Despite earning approximately half a million dollars a year from his radio program, podcast, and related endeavors, Giuliani is unable to settle his growing debts.
Giuliani's troubles began after he became a vocal proponent of baseless claims and conspiracy theories surrounding the 2020 election on behalf of former President Donald Trump. His reputation suffered a significant blow following his unsuccessful efforts to overturn the election results. Prior to his association with Trump, Giuliani had seen a decline in relevance and political influence.