Legal battle between New York Attorney General Letitia James and former President Donald Trump over a civil fraud judgment
New York Attorney General Letitia James has three ways to collect $454 million from former President Donald Trump if he does not post a bond to cover a civil fraud judgment by Monday, including going after his cash, real estate holdings, and assets in other states.
Key Points
- AG Letitia James can target Trump's cash, non-real estate property, and real estate holdings in New York to collect the judgment
- The judgment could become a lien against Trump's Manhattan properties
- James may use the judgment to target Trump's assets in other states through the process of domesticating
Pros
- AG Letitia James has legal avenues to collect the judgment if Trump does not comply
Cons
- Trump may face challenges in posting a bond to pause enforcement of the judgment
- The situation is politically charged with Trump alleging election interference