"Trump Faces Imminent Bankruptcy Deadline Amid Legal Battles and Asset Seizure Threats"
Former President Donald Trump may be forced to declare bankruptcy if he fails to post a $454 million bond in his civil fraud trial by Monday's deadline. Financial journalist Bill Cohan believes this is Trump's only option if his appeals fail, as he faces difficulties securing the funds. New York Attorney General Letitia James has vowed to pursue Trump's Manhattan real estate portfolio if he can't pay the judgment against him. Trump's attorneys have filed papers arguing for more time, but if unsuccessful, bankruptcy may be the only way to delay asset sales and buy time.
