Rudy Giuliani filed for Chapter 11 bankruptcy in New York, per court filings listing debts of as much as $500 million and assets of up to $10 million.
Bloomberg: “The filing gives Giuliani a breathing spell from creditors and pauses civil litigation.”
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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
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