this post was submitted on 21 Dec 2023
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politics

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[–] [email protected] 88 points 1 year ago

The filing also listed President Joe Biden's son, Hunter Biden, as a creditor, without specifying the amount Giuliani owed him.

Aha! It's the smoking gun that they've been looking for all along! Direct evidence that Hunter Biden is accepting payments from a foreign agent!

[–] [email protected] 48 points 1 year ago (1 children)

The picture provided in that article is gold:
Giuliani

[–] [email protected] 4 points 1 year ago

Yeah, probably the best thing in article.

[–] [email protected] 15 points 1 year ago (1 children)

Someone better post that sweet Riker gif...

[–] [email protected] 29 points 1 year ago* (last edited 1 year ago)

Ok, I did the thing. Now what? Also great username! It is only legend.

[–] [email protected] 14 points 1 year ago (4 children)

this is very very funny but also don't these sort of business ghouls just see this as paperwork and not a horrible shame thing like we would? like a sacrifice bunt or something

[–] [email protected] 13 points 1 year ago (1 children)

Ya I think drumpf filed like 4 times and people still think he can run a business.

[–] [email protected] 3 points 1 year ago (3 children)

But he can run a business. Not well, mind you. But he can surely run it.

[–] [email protected] 6 points 1 year ago

Soon, he won’t be able to run one in the state of New York, lol

[–] [email protected] 5 points 1 year ago

Legally he can't in a few states now.

[–] [email protected] 2 points 1 year ago

Anyone can run businesses into the ground

[–] [email protected] 11 points 1 year ago* (last edited 1 year ago) (1 children)

I guess I don't fully understand how someone can file for bankruptcy but still be rich after. If all it does is ruin your credit for 10 years or whatever the cutoff is, then why should the rich care if they file? They already have money and enough of it that investors don't really care about their credit. Shouldn't the government be garnishing wages or something at least?

[–] [email protected] 5 points 1 year ago

Yeah I don't know how Alex Jones is just going along telling the government to get wrecked.

[–] [email protected] 9 points 1 year ago* (last edited 1 year ago)

There are different types of bankruptcy, for both businesses and individuals. One form of bankruptcy occurs when you plan to pay your creditors but need the courts help to consolidate and set terms because you have too many creditors or terms you can't comply with. There is also a kind that allows you to discharge certain types of debt.

I'd have to look into it but I'm guessing Giuliani is filling the structuring his debt kind because he owes dramatically more than he is worth. His debt likely can't be fully discharged in bankruptcy, but a judge can allow for the orderly sale of assets and structuring of payment, rather than a repossession frenzy.

Edit: he filed for chapter 11, which is the kind that will restructure his assets and set up a payment plan to his creditors, including the recent legal judgements against him.

[–] [email protected] 2 points 1 year ago

Many do, but probably not this time. Trump stopped taking his phone calls a while back, and he was scratching around for loose change, like doing Cameo. He probably doesn't have $147M in assets.

[–] [email protected] 7 points 1 year ago (2 children)

Real men should honor their debts. What a fucking coward.

[–] [email protected] 2 points 1 year ago (1 children)

I agree with your general view of Giuliani, but disparaging bankruptcy isn't the way to go.

More debts should be dismissable via bankruptcy, imo

[–] [email protected] 11 points 1 year ago* (last edited 1 year ago) (1 children)

Bankruptcy is for people with no other option. Not for clowns to use to get out of paying warranted fines for having been a piece of shit grifting traitor.

[–] [email protected] 3 points 1 year ago (1 children)

Real men should honor their debts

This has nothing to do with your response, though.

Bankruptcy for student loan debt would change millions of lives, as an example.

[–] [email protected] 0 points 1 year ago

And as I said, bankruptcy to get out of paying a debt they can afford is for pieces of shit.

[–] [email protected] 6 points 1 year ago

watch him get jail time for faking his financials.

[–] [email protected] 2 points 1 year ago

Amazed he had enough money to file TBH.