Donald Trump's Desperate Plea Denied: What Happens Next?

TLDRDonald Trump owes $455 million in a New York fraud case and tried to delay the payment, but his request was denied. He is now in deep financial straits and may not have the money to appeal the case. If he fails to pay, his assets may be seized and sold to satisfy the judgment, leading to the potential end of Trump as a businessman.

Key insights

🔍Donald Trump is scrambling on the financial front and may not have the money to pay $455 million in a fraud case.

💰Trump has an unabated string of losses in court cases, with multiple money judgments against him.

📞Trump humbly asked for more time to pay, but the judge denied his request and mentioned the option to appeal.

🏢If Trump fails to pay, his assets, including properties like Trump Tower, may be seized and sold to satisfy the judgment.

💸Trump's financial situation raises questions about the legitimacy of his billionaire status and the accuracy of his reported assets.

Q&A

Does Donald Trump have the money to pay $455 million?

—It is unlikely that Trump has the money to pay the judgment, as he has a history of overinflating his assets and likely does not have the funds available.

What happens if Trump can't pay the money?

—If Trump can't pay, the Attorney General's office may begin enforcement proceedings, which could include seizing his properties and assets or garnishing his wages.

Will Trump incur additional penalties if he doesn't pay?

—If Trump doesn't pay, the debt will continue to accrue interest. The Attorney General's office will pursue various enforcement mechanisms to collect the money.

What is the status of the E. Jean Carroll ruling?

—The deadline for Trump to pay the $88 million judgment in the E. Jean Carroll case is approaching. If he doesn't pay, enforcement proceedings may begin.

Will the Attorney General and E. Jean Carroll's lawyers coordinate their efforts?

—There may be coordination between the Attorney General's office and E. Jean Carroll's lawyers to ensure that all money judgments against Trump are satisfied.

Timestamped Summary

00:00Donald Trump owes $455 million in a New York fraud case and asked the judge to delay the payment.

01:11The judge denied Trump's request, indicating that he hasn't offered a reason or justification to delay the judgment.

04:14If Trump wants to appeal, he must put up the money, which he likely doesn't have.

05:41If Trump can't pay the money, the Attorney General's office may pursue enforcement actions, such as seizing his properties or garnishing his wages.

07:45The deadline for Trump to pay the $88 million judgment in the E. Jean Carroll case is approaching.

09:56If Trump doesn't pay, his assets may be seized and sold to satisfy the judgments against him, potentially leading to the end of his business ventures.

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