NewsCarroll fears Trump won't pay as property faces seizure rumors

Carroll fears Trump won’t pay as property faces seizure rumors

Carroll’s attorney‍ criticizes Trump’s ⁤postponement of payment as “the legal equivalent of an informal promise”

Published on‍ February 29, 2024 at‍ 7:50 PM ‌(EST)

The delay‌ in Donald Trump’s payment of the $450 ⁣million+ judgment in his civil fraud trial has sparked ‌discussions ⁤about New York Attorney General Letitia ⁢James potentially⁣ seizing his New York property if he fails to settle. E. Jean Carroll, who​ is owed $83.3 million by Trump, has voiced serious doubts about ever receiving‌ the‌ money.

A recent ruling by a New York appeals court rejected Trump’s plea‍ to freeze the judgment and ‌allow him to secure a $100 million ⁣bond to cover the remaining amount. Former U.S. Attorney Joyce Vance shared her insights on this‌ development‌ on MSNBC, highlighting that ⁤while Trump appeals the​ decision, the⁣ Attorney ⁤General could take​ steps to enforce the judgment by targeting his real estate holdings.

Assessing Trump’s request to postpone enforcing Carroll’s judgment, lawyer‍ Roberta Kaplan raised concerns about his ‌credibility in ​meeting the ⁣financial obligations. Kaplan emphasized in court documents that ⁣Trump’s proposal lacked⁣ substance, likening it‍ to⁣ a flimsy promise from an untrustworthy borrower.

In response to the legal challenges, Trump denounced the situation as a politically motivated attack on ⁤his reputation. He portrayed the legal battles ⁢as a historic persecution of a political opponent, vowing to pursue every avenue of appeal until he​ achieves a fair outcome.

Source: Salon ⁢-‌ Carroll ‍concerned about non-payment amid speculations of asset seizure

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