Rudy Giuliani, after a jury's $150 million defamation ruling, filed for bankruptcy in New York. He faces debts of $100M-$500M with assets up to $10M, owing taxes and legal fees, a result of his post-2020 election actions. Giuliani's advisor cites Chapter 11 as an avenue for appeal and fair creditor treatment. A judge allowed immediate collection from him. Despite attempts to evade debt, his acknowledged defamation with malice complicates relief. Plaintiffs aim to secure assets like properties and investigate his financial ties, like with Newsmax.