Rudy Giuliani's Credit Card Reveals 'Unauthorized Payments': Court Filing

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Giuliani's bankruptcy creditors said they will not let him drive them or his case 'off a cliff' and warned of 'more draconian' measures.

Rudy Giuliani has been making unauthorized payments on his credit card, a committee of his bankruptcy creditors have claimed.They told a bankruptcy judge—who controls the former New York City mayor's spending—that they will not allow Giuliani to drive his creditors 'off a cliff,' and said they are making a last attempt to get him to comply with his obligations to the bankruptcy court before they start using tougher legal methods.

In declaring bankruptcy, Giuliani's spending is controlled by a bankruptcy judge.A committee of his unsecured creditors, who have been seeking to monitor Giuliani's spending, now want a Manhattan bankruptcy judge to mandate that he must file 'delinquent monthly operating reports' for the months that he has also not filed any reports of his spending. They also want the judge to mandate that he 'file timely future monthly operating reports.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Rising Cost of Credit Card DebtCredit card debt is one of the most expensive forms of debt due to high interest charges. Over the past 10 years, credit card interest rates have increased from 12.9% in 2013 to 22.8% in 2023. People tend to get into credit card debt for practical reasons, but it can be difficult to break the cycle. Here are two strategies to consider for getting out of credit card debt.
Source: NBCNewYork - 🏆 270. / 63 Read more »