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Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts

  • Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay off his nearly $152 million in debt.
  • Giuliani has argued that he does not have the funds to pay his debts, but still pays tens of thousands of dollars a month to maintain his Florida condo, along with other lifestyle expenses like Netflix, Prime Video, Kindle, Audible, Paramount+, Uber and more.
  • Giuliani filed for bankruptcy protection in December after being ordered to pay $148 million for defaming a mother-daughter duo who worked at Georgia's 2020 election polls.

Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a court document filed on Friday.

The former New York City mayor filed for bankruptcy protection in December, citing myriad unpaid debts including a $148 million payment to two Georgia election poll workers who he falsely claimed had tampered with the 2020 election ballots while he was serving as a lawyer for former President Donald Trump.

In response to Friday's filing, Giuliani's counsel said the request to sell the Florida condo is "extremely premature."

"The case is still in its infancy," said Heath Berger, partner at Berger, Fischoff, Shumer, Wexler & Goodman, LLP, who is representing Giuliani in his bankruptcy litigation.

Giuliani has argued that he does not have the funds to pay his debts, the Friday court filing said: "According to the Debtor's counsel, 'there's no pot of gold at the end of the rainbow.'"

Giuliani's primary income comes from Social Security payments and money from his Individual Retirement Account, Berger told CNBC.

But the court document cited various expenses Giuliani pays now to maintain his lifestyle.

For example,

Read more on cnbc.com