Rudy Giuliani files for BANKRUPTCY and lists up to $500million in debts and Hunter Biden is among those he owes money to
Rudy Giuliani has filed for bankruptcy in New York with debts of up to $500 million to creditors including Hunter Biden.
The former New York mayor, who led the effort on behalf of Donald Trump to challenge the 2020 election results, said he had less than $10 million in assets.
Giuliani has swamped my mounting legal problems.
Last Friday, he was pushed to the brink of financial ruin when a jury ordered him to pay $148 million in damages to election workers Ruby Freeman and Shaye Moss, alleging they tried to rig the vote for Joe Biden.
In August, he admitted he was having “financial problems” as he fought multiple lawsuits, saying he didn't have enough money to defend himself.
Rudy Giuliani has filed for bankruptcy in New York after being ordered to pay $146 million in damages to two Georgia election workers
Giuliani filed the petition in the U.S. Bankruptcy Court for the Southern District of New York, court documents show.
In the filing, Giuliani said he had between $100 million and $500 million in debt and $1 million to $10 million in assets.
The filing also listed President Joe Biden's son Hunter Biden as a creditor, without specifying the amount Giuliani owed him.
Hunter Biden sued Giuliani in September for violating his privacy over data allegedly taken from his laptop.
Giuliani also named the Internal Revenue Service and the New York State Department of Taxation and Finance among his creditors.
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