"Trump's $500 Million Bond Deadline Looms: What Happens Next?"

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Source: The Washington Post
"Trump's $500 Million Bond Deadline Looms: What Happens Next?"
Photo: The Washington Post
TL;DR Summary

Donald Trump faces a deadline to put up a half-billion-dollar bond to stop New York Attorney General Letitia James from seizing his assets while he appeals a civil fraud case ruling. His options are limited, with the appeals court yet to reach a final decision on his request to waive the bond requirement. If he fails to post the bond, James could begin seizing his assets, including New York properties, as part of an unprecedented showdown. Trump's potential avenues include finding the money, court intervention, or filing for bankruptcy, but each comes with its own challenges and implications.

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