It usually helps to read the articles linked in the OP and not just look at the headline and assume things. You'll have a somewhat informed opinion if you read the articles.

This is an elite research board, remember? We must look into these things. That's the "research" part of being on an elite research board.

Some creditors are going to get more from the pie than others. It's not split evenly. It depends on what type of debt it is. Unsecured loans, mortgages, credit card debt, etc... There are laws concerning which debts can be discharged during a bankruptcy.

He won't be able to discharge any of the settlements from the defamation lawsuits against him. But they won't be getting the entire sum from their judgments. They'll go back and forth with the lawyers until a settlement is reached.

If you want to see an example of what's going to happen between Guiliani and the people who sued him for defamation, go look at what's going on with Alex Jones and the Sandy Hook parents who sued him. He did the same thing and tried to file for bankruptcy to avoid paying out.

It didn't work.