Rudy Giuliani files for bankruptcy, facing mounting legal fees – By Shauneen Miranda (Axios) / Dec 21, 2023
Rudy Giuliani has filed for Chapter 11 bankruptcy, per a Thursday court filing.
Why it matters: The filing comes as the former New York mayor and lawyer for former President Trump has been mired in debt stemming from multiple legal cases — most notably the $148 million he owes for defaming two Georgia election workers.
- Giuliani estimated he has between $1 million and $10 million in assets, according to the filing in the U.S. Bankruptcy Court for the Southern District of New York.
- The filing lists roughly a dozen existing or potential debt claims totaling $153 million. Per an estimate in the filing, he owes up to 49 creditors.
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