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To: CFW
The filing is the first step a creditor takes to try to recover property. The next steps could be putting liens on assets OR trying to force a foreclosure

Here’s what I predict:

1. Trump is waiting on his appeal to lower the amount of fine, before deciding anything. It’s not clear that decision will come before Monday’s suspense but it probably will, one way or another.

2. If that decision lowers his fine, he will put up the bond to cover it. If it doesn’t lower the fine, he won’t do anything, immediately, but stick to his guns that he can’t get a bond to cover it.

3. If he doesn’t pay, James will simply invoke liens on his assets, but nothing else. This is instituting the right to withdraw money, or force sale, but doesn’t actually start the process of either. She will announce she is prepared to do that if the values begin to fall, but will say this is sufficient for now while he pursues the appeal.

Maybe I’m simply hoping that’s all that will happen, but I think it’s most likely because it secures the asset for possible divestiture, but avoids most of the controversy.

24 posted on 03/21/2024 11:49:19 AM PDT by Golden Eagle (Principles, not partisanship)
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To: Golden Eagle
Seizing Trump’s property may give him immediate standing to pursue his appeal through the Federal court system — bypassing the New York State courts.

Leticia Mugabe will not allow that to happen … not because she’s smart, but because the animal handlers who tell her what to do won’t let it happen.

31 posted on 03/21/2024 12:11:27 PM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Golden Eagle

IF there are already outstanding LOANS on these properties-—Will they hold 1st place against anything she files???


54 posted on 03/21/2024 2:05:04 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Golden Eagle

If Trump is unable to meet the bond requirement, the NY appellate courts won’t even review his first appeal. He’ll be in significant trouble financially, and have no avenue in the state courts for any hope of appellate relief.


60 posted on 03/21/2024 2:20:42 PM PDT by Bob Wills is still the king
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