NEW YORK (AP) — Rudy Giuliani has filed for bankruptcy. The former New York City mayor is acknowledging severe financial strain that’s grown as a result of his pursuit of Donald Trump’s lies about the 2020 election and was made worse when jury last week required him to pay $148 million to two former Georgia election workers he defamed.
In a bankruptcy filing Thursday in New York, Giuliani listed nearly $153 million in existing or potential debts. That includes almost $1 million in state and federal tax liabilities, as well as money he owes lawyers and many millions of dollars in potential judgments in lawsuits against him. He estimated he had assets worth $1 million to $10 million.
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