Former mayor of New York City, Rudy Giuliani, finds himself in the midst of a financial storm as he files for bankruptcy amidst a slew of debts. This comes just a day after a judge ruled that Shea Moss and Ruby Freeman, two Georgia election workers, could begin the process of collecting their staggering $150 million defamation award against Giuliani.
The filing reveals a deep financial hole for Giuliani, with debts reaching far beyond the recent defamation case. Aside from the monumental $150 million he owes to Moss and Freeman, Giuliani also owes nearly $1 million in unpaid income taxes to the IRS and New York State's tax authorities. To add insult to injury, he also carries a hefty backlog of $30,000 in unpaid phone bills, a figure that was once double that amount.
