Former President Donald Trump went on another rant about the $464 million judgment against him in his New York civil fraud case, complaining about having to sell his most prized properties so he could pay that massive fine.

Trump is claiming that the court is taking away his appellate rights, posting on Truth Social, "Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me."

He continued on with his rant, claiming, "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. Does that make sense?"

As his lawyers claimed in a court filing that revealed that Trump cannot afford to pay the bond he needs to appeal the $464 million judgment against him, their client is facing "insurmountable difficulties" in obtaining a bond. Experts believe he may be forced to sell off his properties as he does not have that much cash on hand, with most of his net worth coming from his real estate properties.

Should Trump not be able to pay the $464 million fine or not find any bond company to cover that cost, New York State will have to seize some of his properties and sell them to cover the cost. New York Attorney General Letitia James has already vowed to seize Trump's properties should he fail to pay up, even if he plays the victim card.

New York officials are already warning that Trump and his co-defendants might try to evade enforcement or make enforcement more difficult after appealing.

Insider Says Donald Trump Might Not Pay Bond At All and Just Let AG Letitia James Seize His Assets

Donald Trump does have plenty of options to tackle the fine, but time is still running out. Among them is a fire sale of his properties and even declaring Chapter 11 bankruptcy, as he did multiple times previously. However, one Trump insider claims that he may not do anything and let AG James take some of his properties.

The Trump insider told the New York Post that Trump appears to have considered letting James take his prized assets, including Trump Towed and 40 Wall Street, partly because he believes the chances are good that he could recover them. He thinks he could get these properties back even if it would escalate to the US Supreme Court.

Trump only has until Monday to pay up.

Donald Trump Tries to Pause January 6 Lawsuits Against Him

Trump is also facing civil and criminal cases regarding the January 6 Capitol Insurrection. and he has now asked a judge to stay proceedings in various civil cases regarding January 6. These cases seek to hold him accountable for the Capitol Insurrection where he tried to overturn the results of his 2020 election loss to Joe Biden.

As NBC News noted, it is common for stays to be granted for civil cases where "the defendant faces criminal prosecution over the same conduct." Should these stays be granted, he would no longer be required to participate in any of the civil cases until his criminal trial has been resolved.

This article is owned by Latin Post.

Written by: Rick Martin

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