Tomi T AhonenMar 14, 2024

And our morning update from TomiAhonen Almanac

As Trump has clinched GOP nomination, I now declare that the window for when Trump might declare bankruptcy has opened. The first likely timing of his personal bankruptcy would be end of next week, just before Judge Engoron ruling $453M comes due

Show threadOld Hippie Ⓥ Resistance!
@tomiahonen Can he get out of any payments by declaring bankruptcy?
Mar 14, 2024 at 2:30pmWeb
Show threadTomi T AhonenMar 14, 2024
@old_hippie all debt collection is paused while federal bankruptcy court sorts out the debts and arranges liquidation of all properties. taxes get paid first, court judgments go ahead of creditors. Banks and financial institutions usually ahead of most other debts. And all personal debts (like friends or loan sharks) are dismissed ie will not be paid at all