Rudy Giuliani Loses Bankruptcy Protection, Creditors Can Now Pursue Assets

By | July 12, 2024

Judge Rules Rudy Giuliani No Longer Entitled to Bankruptcy Protection

In a recent court ruling, a judge has declared that Rudy Giuliani, former lawyer to ex-President Donald Trump, is no longer entitled to bankruptcy protection. This decision means that creditors can now go after Giuliani’s assets in order to collect the more than $150 million he owes them.

Among the creditors who can now pursue Giuliani for the money he owes them are Ruby Freeman and Shaye Moss. This ruling comes as a significant blow to Giuliani, who has been facing financial troubles for some time now.

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Giuliani’s fall from grace has been swift and dramatic. Once a respected lawyer and politician, he has seen his reputation tarnished in recent years due to his involvement in various controversies, including his role in promoting false claims of election fraud in the 2020 presidential election.

With this latest ruling, Giuliani’s financial woes are only set to worsen. It remains to be seen how he will respond to this setback and what the future holds for him.

Overall, this ruling serves as a stark reminder of the consequences of financial mismanagement and the importance of being responsible with one’s finances. It also highlights the power of the legal system in holding individuals accountable for their debts.

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A judge has ruled that Rudy Giuliani is no longer entitled to bankruptcy protection — meaning creditors can pursue his assets within days.

Ruby Freeman, Shaye Moss, and other creditors can now try to collect on the more than $150 million Giuliani owes them.

It’s a major blow for former New York City mayor Rudy Giuliani as a judge has ruled that he is no longer entitled to bankruptcy protection. This means that his creditors, including Ruby Freeman, Shaye Moss, and others, can now go after his assets to try to collect the more than $150 million he owes them. Let’s take a closer look at the implications of this ruling and what it means for Giuliani moving forward.

Who are the creditors pursuing Rudy Giuliani?

Ruby Freeman and Shaye Moss are just two of the creditors who are now able to pursue Rudy Giuliani’s assets. These creditors have been waiting for this ruling to take action and try to collect the money that Giuliani owes them. It’s a significant development in the ongoing legal battles that Giuliani has been facing.

What led to this ruling?

The ruling that Rudy Giuliani is no longer entitled to bankruptcy protection came after a judge reviewed the case and determined that Giuliani had not met the requirements to continue receiving this protection. This decision paves the way for his creditors to start pursuing his assets and trying to recoup the money that he owes them.

What does this mean for Rudy Giuliani?

For Rudy Giuliani, this ruling means that he will now have to face the consequences of his financial obligations. With creditors now able to go after his assets, Giuliani could potentially lose a significant amount of money and face further legal challenges. It’s a tough situation for the former mayor to be in, but it’s one that he will have to navigate in the coming days and weeks.

What are the next steps for the creditors?

Now that the judge has ruled in their favor, the creditors, including Ruby Freeman and Shaye Moss, can start taking action to try to collect the money that Rudy Giuliani owes them. This could involve going after his properties, bank accounts, and other assets to satisfy their debts. It’s a process that could take some time, but the creditors are now able to move forward with their efforts to recoup what they are owed.

In conclusion, the ruling that Rudy Giuliani is no longer entitled to bankruptcy protection is a significant development in the ongoing legal battles surrounding his financial situation. With creditors now able to pursue his assets, Giuliani faces a challenging road ahead as he navigates the fallout from this decision. It’s a tough situation for him to be in, but it’s one that he will have to face head-on in the days and weeks to come.

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