Selloffs, seized assets and bankruptcy: Trump options narrow as bond deadline approaches

Contributing sentiments towards policy:

60% : That stay expires on Monday, meaning Trump owes the money even with an appeal pending.
60% : If Trump wants a stay while he appeals, courts in New York require the person or company to guarantee the entire amount, and because of the 9 percent interest, extra cash or security as well -- generally a total of 120 percent of the award.
58% : Such judgments in New York also carry an annual interest rate of 9 percent until they're paid, so the amount Trump owes is increasing daily by more than $111,000.
53% : Financial disclosures Trump filed last year as part of his presidential campaign requirements also indicate he has several bank accounts located in New York.
52% : Of that amount on the date the judgment was entered, Trump is liable for the vast majority, about $454 million.
48% : In the Carroll case, Trump's attorneys made repeated pleas for extra time to come up with a bond, but court filings show that Trump had actually already signed the bond agreement the day before their final request to a judge for more time.
45% : The person can either post that amount in cash if they have it on hand -- which is what Trump did last year when he filed his appeal of a $5 million defamation award to writer E. Jean Carroll -- or post a bond obtained from a bond company.
45% : While Trump has said his brand alone is worth over $10 billion and a 2021 financial statement put his net worth a $4.5 billion, the bulk of his assets is real estate, not cash or stock.
45% : In a 2021 statement of financial condition that was entered into evidence in the AG's case, Trump said he had close to $293.8 million in "cash and cash equivalents."
45% : "Mattei suggested Trump might "be able to cobble together sufficient funds" to cover the amount through "a combination of a traditional bond company bond for a partial amount" and the rest "through his personal assets and loans or donations or gifts from others."
44% : In a response Wednesday, the AG's office said Trump could have used the properties as collateral even without a bond.
43% : Trump has asked the state Appellate Division, a mid-level appeals court, to let him appeal while posting either a reduced bond, or without posting any sort of security at all.
41% : Without Trump getting an extension "the AG will be authorized to collect" on the judgment, Mattei said.
39% : One way Trump could stop the clock -- at least temporarily -- would be to file for bankruptcy protection.
38% : At his deposition in the case last April, Trump said he had more than that.
29% : In its filing Wednesday, the AG said Trump is using a "false premise" with his claims that he can't get a bond for the entire amount, and suggested he could use several smaller bonds from different sureties -- bond companies.
27% : The AG's office noted that Trump's filing did not mention that Giuletti, a longtime friend of Trump's, had testified in the trial and that the judge found his testimony "to lack credibility."
25% : After a months-long trial, Judge Arthur Engoron hit Trump and his co-defendants -- his companies and past and current executives -- with a judgment of over $350 million after finding they'd committed "persistent" fraud over years.
24% : It's a move Trump allies Alex Jones and Rudy Giuliani used when they were hit with large judgments, but could be a bad look for Trump, the presumptive Republican presidential nominee whose political image was built on the perception of his being a savvy businessman.
24% : He said he was skeptical that Trump would declare bankruptcy himself because of "the PR implications.
23% : James also suggested Trump and his co-defendants were playing games because they could have raised these issues earlier.
20% : Chris Mattei, who represented families of the victims of the mass shooting at Sandy Hook Elementary School in Connecticut in their suit against Jones, said Trump could have some of his smaller individual companies that were found liable declare bankruptcy in order to trigger an automatic stay, but such a stay would only apply to those companies -- not Trump personally.
18% : Erik McGregor / LightRocket via Getty Images fileA key deadline for the $464 million civil fraud judgment against Donald Trump and his co-defendants is fast approaching, and it appears it's one he might not be able to meet.
17% : The AG's filing suggested that Trump's claims might be overblown in this case because the affirmations Trump used to claim that getting a bond was a "practical impossibility" were unreliable.
16% : That's what Trump did earlier this year when he was hit with an $83 million verdict in a separate defamation case brought by Carroll.
13% : "Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision," Trump wrote.

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