Donald Trump’s Debt: Live Counter::Stay informed about the increasing debt of former President Donald Trump.

    • gregorum@lemm.ee
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      9 months ago

      It is because he owes it to the state of New York and has to pay it within 30 days, or the state will start seizing property, placing liens, and garnishing his wages. There’s no delaying, or wiggling out of this. This is the end of the line, at least for half a billion dollars for Trump.

      The best help he can hope for is a bit of chump change from some donations, but the vast bulk of this he’s going to have to pay for himself one way or another.

      • body_by_make@lemmy.dbzer0.com
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        9 months ago

        Like with certain Supreme Court justices, when somebody with a lot of power needs money, somebody is always there to provide it.

    • rdyoung@lemmy.world
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      9 months ago

      Who is downvoting this. When you get up over a million or so in debt, it’s really the banks problem because of the chances of actually recovering that money.

      • Beardwin@lemmy.world
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        9 months ago

        This is not bank debt. It’s the sum of his civil fraud trial and EJ Carroll trials. Trump owes nearly 500M is penalties. So i would say this is his problem.

        • grabyourmotherskeys@lemmy.world
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          9 months ago

          People are having a really hard time understanding that, yes, he is facing consequences at long last. The next step is seeing if the RNC will foot the bill.

        • medgremlin@midwest.social
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          9 months ago

          No, this is just the fraud ruling and the associated interest. The E. Jean Carroll trials aren’t included in the amount on the page.

        • rdyoung@lemmy.world
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          9 months ago

          It’s a saying but it applies here as well. When you are dealing with the likes of trump, any money he owes is actually the problem of the one holding the note and not the debtor.

          For Carroll he needs to bond that award with the court or else he can’t appeal the ruling. If he doesn’t have it to bond, he doesn’t have it to pay her or anyone else he owes. That to me is the epitome of not really his problem anymore.

          Do I think we should just let him off the hook? Fuck no, he needs to be made to sell whatever properties he needs to even at firesale to pay his debts and then be made to work mcds until he pays off the rest or dies from having to actually do real work.