Rudy Giuliani's Bankruptcy Filing Amidst $148 Million Defamation Suit

Former New York City mayor and Donald Trump attorney Rudy Giuliani has filed for Chapter 11 bankruptcy after being ordered to pay $148 million in damages to two Georgia election workers who sued him for defamation. Giuliani estimates his liabilities to be between $100 million and $500 million. The bankruptcy filing reveals that he owes the IRS and the state of New York hundreds of thousands of dollars in income tax, as well as unspecified debts to Dominion Voting Systems, Smartmatic USA, and Hunter Biden. Giuliani's net worth has significantly declined, and he has resorted to selling merchandise and offering video messages for cash.