Rudy Giuliani files for BANKRUPTCY and lists more than $500million in debts
(www.dailymail.co.uk)
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😂 Sounds like more of a problem for the lenders than Rudy
And guess how those lenders make up for their losses from bankruptcy? They pass it along to everyone else with higher fees and higher interest rates.
But the little guy he might owe money to (like anyone doing construction work on his various properties, or services that bill him monthly like landscapers or house cleaners) will most likely never see any payment. They'll just have to eat it. Which is not cool.