If former President Donald Trump posts the money, it will prevent the state from seizing his assets while he appeals.

A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.

If he does, it will stop the clock on collection and prevent the state from seizing his assets while he appeals.

Delay. Delay. Delay.

  • vatlark@lemmy.world
    137·
    8 months ago

    This article has some interesting info for normal people trying to get their bail reduced.

    • The court isn’t allowed to force you to go to jail by setting the bail so high that you can’t afford it.
    • The court is required to give a reason for the bail amount, but it’s not clear if the reason would be public information.
        • Ragnarok314159@sopuli.xyz
          3·
          8 months ago

          It would be wonderful to apply to Trump, but in reality with our current political climate, debtor’s prison would be used by Blackrock and BOFA to imprison millions of people.

          They would do some fuckery with interest rates, look at businesses with some added columns, and see how many employees they could imprison through buying the company and causing its collapse.