Rudy Giuliani has declared bankruptcy

Donald Trump’s former personal attorney and former New York City Mayor Rudy Giuliani has declared bankruptcy. He filed the appropriate documents for protection from creditors, saying that his debt obligations reach $153 million with total assets ranging from $1 to $10 million.

A significant amount of the debts include a $148 million aggregate fine in an anti-defamation lawsuit. The lawsuit against Giuliani concluded last week.

The plaintiffs were poll worker Wandrea Moss and her mother Ruby Freeman. The reason was Giuliani’s statements that during the counting of votes for the 2020 U.S. presidential election, the women manipulated ballots received by mail.

The court ordered Giuliani to pay $148 million in compensation to the women.

The payment is usually given 30 days before law enforcement can get involved. On Wednesday, however, a judge ordered Giuliani to make the payment immediately.

The amount exceeds the estimated fortune of the former New York City mayor, resulting in Giuliani declaring bankruptcy. His representative said that the defense is going to appeal the verdict.

Personal bankruptcy does not allow to avoid debts in such cases, if they were awarded for willfully causing harm to others.

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