Gwen Snyder is uncivilIt's great to know that if you don't have bond money you can just request a different, smaller amount and pay that instead, I'm sure that is what happens for normal people all the time
matt@gwensnyder I read this actually a good thing. 1: this is just the bond, he will still owe the $454 , 2: the state can collect the $175 without having to find and freeze assets like they would if it were the full $454, and thus possibly not even get the base amount. More here: https://marytrump.substack.com/p/now-judge-shuts-down-donalds-lawyers
Urban Hermit@maphew @gwensnyder let's say those assets are leveraged to the hilt. They don't have the value Donald says because of outstanding debt. Here is what we were hoping for: seized, sold at action, sold for much worse that he said they were worth so Trump is going nuts, the state doesn't care, seizes next property, repeat. Repeat until the judgement is met, or they run out of things that Trump "owns". The outstanding debt will be reflected in the auction price, unless it was personally guaranteed.
@maphew @gwensnyder the end result could have been that Trump was forcibly divested of half or more of his business empire, or goes so nuts that he calls on his supporters for an armed revolt and finally goes to jail.
Instead we have probusiness judges that are like, "no, a rich guy who owns stuff should always have the benefit of the doubt and the option of stiffing all his creditors and going bankrupt". For a small business, maybe. But for this fraudster, rapist, and violence purveyor, NO!