Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I would look for a higher court getting involved with a stay, while they review the whole sorted thing.
Many things are owned in the public interest.Public ownership = communism and shit.
The beauty us the decline will continue. Spiraling downward more and more. And Progs will blame others like they always do and/or deny and lie.dems have kicked your asses steadily and easily and oh so fairly since 2018.
It's not going to stop.
Jared needs to invest in call screening. He can block nuisance calls.Why?
Because it probably went something like this:
- Ring, Ring
- Jared: "Hello"
- Donny: "Hey Jared, it's Donny, I was wondering if you..."
- Jared: "click"
- Donny: "Hello, HELLO, anyone there... Shit."
WW
How so? grabbing real estate assets is immediate. Really about the same as the government seizing your house.If FPOTUS#45 doesn't either:
- Post the bond through a surety backer,
- Post the escrow based on liquid assets,
- Post a hybrid solution in cooperation with the State to the Judge,
- Get an enforcement suspension from the appeals court
I would expect the State to go after assets in the following order:
- Liquid personal and corporate bank accounts.
- None real estate assets that can be quickly sold, such as: Trump Force One, Citation (corporate jet), and multiple helicopters in addition to such things as art work and other valuables that can be seized and sold.
- Liens on property to prevent it sale pending full satisfaction of the judgement.
While seizing real estate makes the biggest headlines, my gut tells me that they would be the lowest on the list since they will involve other 3rd parties making the process much longer.
WW
The public are owed by trump. They can sell off his shit to make payment.Irrelevant. There is no public interest in stealing hotels and golf course, you commie bitch.
No, it's best that they take his shit.
Seizing Trumpâs New York properties will not be easy for Letitia James
Attorney general could face same problems as ex-president in trying to liquify assets to meet the $454m fine amountwww.theguardian.com
This seems hard work. Obviously cash would be better than property.
But I wonder if Ms James might take any property income from these places. It would likely cover the interest that trump is building up every day. But trump probably needs that income to pay off the mortgage, That might be a problem
It would also leave the portfolio intact pending any appeal.
Liquidating the property might be beneficial if trump actually owns the property rather than it being mortgaged to the hilt. In that case the lender has first dibs on the payout.
Trump 1 must be worth something but again it is likely to be held on a lease.
I do wonder if it might just be easier to lock him up in debtors prison until he can clear the tab.
The question is if he actually owns it or is it heavily mortgaged.How so? grabbing real estate assets is immediate. Really about the same as the government seizing your house.
Putting a price tag on it could take some time but James is holding the winning hand on that too.
If the courts weren't prepared to stop it, the real estate would be the most effective method.
If you don’t understand the process, best to not opine on it, lest you look foolish…Would trump want more auditors looking thru his affairs ?
Then say it with me, President Trump…Very possible, we'll see in the next few days.
If FPOTUS#45 can post the bond/escrow tomorrow, that's fine.
If not, come Tuesday it wouldn't be surprising for the State of New York to start seizure proceedings. Seizure, without a stay, of cash assets will be pretty quick so the appellate level will have to move pretty quickly to stay at least partial enforcement.
WW
How so? grabbing real estate assets is immediate. Really about the same as the government seizing your house.
Putting a price tag on it could take some time but James is holding the winning hand on that too.
If the courts weren't prepared to stop it, the real estate would be the most effective method.
I was in an insolvency department in a firm of accountants when the 1986 insolvency act came out. Creditors soon got wise. But yes, if you can pile debt onto a company, then liquidate it off. Financial institutions got wise to this and often want a director as guarantor, or at worst, a charge over the assets.That sounds reasonable. In th UK bankruptcy is a corrupt business. The debtor inflates his creditors in order to lower the amount he repays.
So his family and friends create claims for large bogus amounts meaning the genuine creditors get marginalised. Is that a thing in the US ?
Then say it with me, President Trump…
Another foreign anti-American Einstein. We don't have debtor's prisons, moron. We have a constitution--for the time being, anyway.I do wonder if it might just be easier to lock him up in debtors prison
Think it through as if it was your house being grabbed. You lose it immediately and in the case of Trump's properties, he loses all income or benefits coming from the property. The paper wok comes later, except for James attaching a price to the property.Okay, I mean I can respect the difference of opinion, but I disagree.
I mean it will be much easier to have a court judgement, walk into a bank with the order, have a meeting with the manger and hand him the judgement in exchange for a cashier's check for the amount (or ETF order if you wish).
Over trying to seize physical property, have it appraised, conduct a bidding process, enter judgment title, etc.
But again, I think property WILL be on the seizure list, I just think they will go after liquid assets first.
WW
