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onetexan

(13,079 posts)

17. Then NYAG needs to start to liquidate his assets after the appeal is deemed unsuccessful.

Reply to Novara (Reply #6)

Tue Mar 26, 2024, 09:45 AM

Mar 26

Last edited Tue Mar 26, 2024, 11:25 AM - Edit history (1)

From what i heard from the pundits & legal experts on msnbc, the issue here is how entangled his assets are. No one outside of him & his kids know how much of these assets are mortgaged or owned by other entities. So what they will most likely go after are the more liquidable assets first.

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Letitia James Fires Back After Donald Trump's Bond Reduction [View all] BumRushDaShow Mar 25 OP

He JUST bragged he has $500 million. So why the FUCK did they reduce it? He can pay, right? Novara Mar 25 #1

As long as the full "judgement" (versus the "bond" ) is still kept in place BumRushDaShow Mar 25 #2

just smacks us law abiders as favoritism, and the rich asshole with the best lawyers always wins. Evolve Dammit Mar 25 #3

And you know he won't pay unless NYPD or FBI actually cuff and stuff his orange ass. nt Evolve Dammit Mar 25 #4

Not to mention if his appeals are successful whats to deter him from trying to pull the same crap again? BlueKota Mar 25 #7

Just enables them Evolve Dammit Mar 25 #9

I heard one of the talking head legal eagles say that if TSF loses the appeal, he will still owe $453 Million + the iluvtennis Mar 25 #5

He will never pay it. Novara Mar 25 #6

#+ riversedge Mar 26 #15

Then NYAG needs to start to liquidate his assets after the appeal is deemed unsuccessful. onetexan Mar 26 #17

I suspect everything is leveraged to the hilt in a house of cards Novara Mar 26 #18

Agree, & that's what the pundits have been speculating as well. Which is why NYAG's office has been angling to onetexan Mar 26 #19

But it's going to take time to sort all that bullshit out Novara Mar 26 #22

Yup not going to be an easy or quick job onetexan Mar 26 #23

Hardly. The fix is in. He'll never pay. It will just be more delays until he's dead. PSPS Mar 26 #11

Exactly. And the State of New York WILL get its money back. ancianita Mar 26 #12

Sure. He'll have problems, sometime in 2030. Appeals can take time. Kablooie Mar 26 #13

The Appeals court gave no reason gab13by13 Mar 25 #8

Yes they gave no reason, citing no cases, etc. Irish_Dem Mar 25 #10

"The $464 million judgment - plus interest - against Donald Trump and the other defendants still stands," James said .." riversedge Mar 26 #14

ON PAPER Novara Mar 26 #16

Yes - and several of us posted that yesterday FakeNoose Mar 26 #20

But, but, those laws are for common folks, not the ultra wealthy, silly girl. republianmushroom Mar 26 #21