Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Letitia James gets to start seizing property on Monday if the bond is not paid. It would be hilarious if a tired, defeated Trump goes home from his Stormy pay off trial to find himself locked out of his Trump Tower apartment.
Cite? Pretty sure that’s not true. There’s a hearing coming up to determine whether the bond is good enough. She can’t decide that herself without the judge agreeing.
DP.
https://www.newsweek.com/donald-trump-backed-over-bond-reduction-1888495
Trump attempted to pay his $175 million bond with financial backing from Knight Specialty Insurance, an insurance company, but it was rejected by a court as it couldn't confirm the finances of the company's posting. He was given until Monday to prove he can pay the bond, otherwise New York Attorney General Letitia James could attempt to seize some of Trump's assets.
The bond from Knight Specialty Insurance has already been rejected in NYS. So, Trump has to show financially that he can pay the $175M bond himself. He claimed he had $500M cash available, he should be able to pony up the $175M or the state can begin the process of claiming assets in order to try and collect the amount due in his judgment. If he wants to stop collection during appeals, he has to put up $175M by Monday.