Rudy Giuliani Files for Bankruptcy Amid Mounting Financial Troubles

The filing follows a $148 million defamation lawsuit, with the former New York City mayor facing liabilities of approximately $153 million.

Rudy Giuliani, former New York City mayor and attorney for ex-President Donald Trump, filed for Chapter 11 bankruptcy in New York on Thursday, December 21, 2023.
Giuliani's bankruptcy filing comes after he was ordered to pay over $148 million in damages to Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss, whom he defamed by spreading a false conspiracy theory linking them to fraud in the 2020 election.
Giuliani's bankruptcy filing lists between $1 million and $10 million in estimated assets and approximately $153 million in liabilities.
Despite the bankruptcy filing, Giuliani will still be required to pay the damages to the Georgia election workers as bankruptcy law doesn't allow for the dissolution of debts that come from a 'willful and malicious injury' inflicted on someone else.
Giuliani is also facing other financial issues, including nearly $1 million in unpaid taxes, a lawsuit from his former attorney over unpaid legal bills, and potential judgments from lawsuits brought by voting machine manufacturers Dominion Voting Systems and Smartmatic.