Rudy Giuliani's Bankruptcy is Headed for Meltdown (updated)

New details about the former Mayor's mysterious income

We haven’t paid too much attention to Rudy Giuliani’s personal bankruptcy since it was filed last December, but the filing yesterday of new details of the bankrupt coup plotters personal finances make it ripe for review.

For months, Giuliani has been cagey with the bankruptcy court and his creditors about his income, representing in public filings and in court—without providing supporting documentation—that his fast-shrinking communications business (mainly a podcast and, until it was cancelled recently, a WABC radio show) received little income and paid him nothing. “The Debtor has not received any compensation from Giuliani Communications as the income is used to pay expenses of the company,” Giuliani’s lawyers said, either at a May 14, 2024 hearing or in a court-ordered follow-up letter describing Giuliani’s income.¹ They are quoted in a June 10 letter filed by the Unsecured Creditors Committee raising what they characterize as unanswered questions about Giuliani’s income. Fifteen days later, Giuliani contradicted that claim.