💰New York Attorney General plans to seize Donald Trump's assets, including 40 Wall Street.
🔒Post-judgment enforcement mechanisms will be used to turn the judgment into cash.
💸Trump will have to post a substantial bond to stop the enforcement.
🏦Properties, bank accounts, and other assets will be targeted for seizure to satisfy the judgment.
⚖️The legal battle ahead includes post-judgment discovery and enforcement proceedings.
What is the $500 million judgment against Donald Trump?
—It is a judgment for civil fraud and disgorgement rendered by Judge Engoron against Donald Trump and his organization.
What assets will be seized?
—Assets such as 40 Wall Street, bank accounts, properties, and other valuable assets will be targeted for seizure.
How can Trump stop the enforcement?
—Trump will have to post a substantial bond to stop the enforcement of the judgment.
What is post-judgment discovery?
—Post-judgment discovery is the process of gathering detailed information about the judgment debtor's assets to facilitate enforcement.
What are the potential consequences for Trump?
—If Trump fails to comply with the judgment and enforcement proceedings, his assets may be seized and sold to satisfy the creditors.
00:00New York Attorney General plans to seize Donald Trump's assets, including 40 Wall Street, if he fails to pay off the $500 million judgment against him and his organization.
02:40Post-judgment enforcement mechanisms will be used to turn the judgment into cash and satisfy the creditors.
05:50Trump will have to post a substantial bond to stop the enforcement of the judgment.
07:11Properties, bank accounts, and other assets will be targeted for seizure to satisfy the judgment.
10:58The legal battle ahead includes post-judgment discovery and enforcement proceedings.
