Rudy Giuliani bankruptcy shows Trump ally drowning in debt
Rudy Giuliani’s bankruptcy filing, spurred by a multimillion-dollar verdict against him for defaming two Georgia election workers, has provided fresh insight into the former New York City mayor’s finances.
A federal jury in Washington, D.C. in December ordered Giuliani to pay Ruby Freeman and Shaye Moss a whopping $148 million for baselessly claiming they engaged in widespread voter fraud after the 2020 election. Days later, he filed for bankruptcy, acknowledging the severe strain the penalty put on his finances.
His bankruptcy judge late Tuesday allowed the longtime ally of former President Trump to appeal the defamation verdict but in the meantime, his bankruptcy proceeding has cracked Giuliani’s finances wide open, shedding light on his debts and overall standing.
That standing includes thousands of dollars in taxes and credit card debt and millions more he could owe to voting technology companies Dominion Voting Systems and Smartmatic if he’s found to have defamed them, too.
So now what? Eli5: is he actually gonna suffer consequences for being a galactic asshole, or does the bankruptcy filing just kick it down the road again?
Depends on the judge and what they approve as far as the restructuring is concerned. Eventually though they are just trying to get blood from a stone.
I do find it fitting that the Trump campaign and the RNC have apparently stiffed him. Very on brand for anything involving Trump.
It will be interesting to see what happens if Trump loses the election too. Giuliani is probably not making too much of a fuss with Trump because he's probably hoping that if trump is president he will help him out. I'd Trump loses, well Giuliani may try to get even
Rudy is claiming in his bankruptcy case that RNC+Trump owes him for unpaid legal bills. I am guessing he'll sue.
https://www.allthingsfinance.net/rudy-giuliani-claims-trump-campaign-and-rnc-owe-him-2-million-each/