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Former President Donald Trump said Tuesday that the $454 million bond required to appeal the civil fraud judgment against him could force a fire sale of his real estate.
If Trump can not post the $454 million bond, James could seek to freeze some of his bank accounts and properties.Trump might have to sell his real estate at a “Fire Sale prices” to obtain the cash to appeal the ruling, he “Nobody has ever heard of anything like this before. I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone,” Trump added. “Does that make sense? WITCH HUNT. ELECTION INTERFERENCE.”
His position is in order to get any other judge to look at what I’ve done to you, you’ve got to come up with basically a half a billion dollars just to appeal. It’s like a judge saying, “I’m going to take your house away, but you can appeal my decision. You just have to sell your house in order to do it.” …any people look at this as a type of almost mob justice.
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