Rudy Giuliani Declares Bankruptcy After $148 Million Defamation Judgment Awarded Against Him

Former New York City mayor and current Trump attorney Rudy Giuliani has declared bankruptcy, six days after a $148 million defamation judgment was awarded against him.

In the filing, Giuliani disclosed assets between $1 and $10 million, compared to a whopping range of $100 million to $500 million in liabilities. The biggest single liability he listed is the $148 million he was ordered to pay for defaming Georgia election workers Shaye Moss and Ruby Freeman. He also owes more than $1.6 million in legal fees to various attorneys who have represented him, including via a $1.3 million lawsuit filed by his longtime attorney Robert Costello.

The bankruptcy filing comes just days after a federal judge suggested Giuliani may have been dishonest about his finances and expressed concern he might not comply with the judgment. The judge noted that Giuliani had claimed financial difficulties, but had not provided any evidence of this.

Giuliani also declared in the filing that he owes the government just beneath $1 million in state and federal taxes. It is unclear how the bankruptcy filing will affect the $148 million judgment against him.