Rudy Giuliani Reaches Agreement to Settle Bankruptcy Case
The former New York mayor will pay $100,000 upfront and sell properties to cover $400,000 in debts, avoiding further financial scrutiny.
- Giuliani's bankruptcy case was dismissed after a deal to pay creditors' financial adviser $400,000.
- He will provide $100,000 in cash and use proceeds from selling his New York or Florida properties to cover the remaining debt.
- The agreement prevents Giuliani from having to disclose detailed financial information under oath.
- Giuliani still faces significant legal challenges, including a $148 million defamation judgment and other lawsuits.
- The deal must be approved by the judge overseeing the bankruptcy case.