Rudy Giuliani agrees to deal to end his bankruptcy case, pay creditors' financial adviser $400k
apnews.com
Rudy Giuliani has agreed to a last-minute deal to end his personal bankruptcy case and pay about $400,000 to a financial adviser hired by his creditors.
  • Revan343@lemmy.ca
    11·
    4 months ago

    Bankruptcy is owing considerably more than your assets are worth, and having no realistic way of raising enough to pay back what you owe.

    A few low multimillion dollar properties doesn’t put much of a dent in what Rudy owes