Seizing Trump’s New York properties will not be easy for Letitia James

[boevans]

AG James files judgment in Westchester, placing liens on Trump properties in fraud action

 

[beautress]

How so? grabbing real estate assets is immediate. Really about the same as the government seizing your house.

Putting a price tag on it could take some time but James is holding the winning hand on that too.

If the courts weren't prepared to stop it, the real estate would be the most effective method.

The American people are not being well served by. AG James.

 

[beautress]

AG James files judgment in Westchester, placing liens on Trump properties in fraud action

She first has to convict him and see how her theft of his property can make her lose favor with voters, honest State AGs in the other 40 states. My bet is that in few 2 years Trump will be free and Ms. James will spend the rest of her life in jail for weaponizing the NY Judicial system against innocent people whose civil rights have been drained into non-existence.

If the state of NY can't get rid of her hate crimes, NyC will crumble into a place nobody wants to go there. That's not good for locals who suddenly will have to shut down because no decent people would put their families in a place with a mentally ill AG who hurts decent and innocent businessmen. I see a ghost town where NYC used to be. No tourists, 60% of New Yorkers will get pink slips.

 

[boevans]

The got Trump found liable for huge sums in penalties.

 

[Concerned American]

She first has to convict him and see how her theft of his property can make her lose favor with voters, honest State AGs in the other 40 states. My bet is that in few 2 years Trump will be free and Ms. James will spend the rest of her life in jail for weaponizing the NY Judicial system against innocent people whose civil rights have been drained into non-existence.

If the state of NY can't get rid of her hate crimes, NyC will crumble into a place nobody wants to go there. That's not good for locals who suddenly will have to shut down because no decent people would put their families in a place with a mentally ill AG who hurts decent and innocent businessmen. I see a ghost town where NYC used to be. No tourists, 60% of New Yorkers will get pink slips.

I am going to the east coast this summer and I plan on filling the car in NJ and I won't stop until I get to CT. I'll view Niagara Falls from the Canadian side. Screw NY.

 

[Frankeneinstein]

Seizing Trump’s New York properties will not be easy for Letitia James​

.

Not like the UK/EU where ya just roll outta bed and decide whose property ya want to confiscate...So just wait till we go socialist and it'll be a piece of cake.

 

[Frankeneinstein]

Many things are owned in the public interest.

Whether they like it or not

 

[Frankeneinstein]

So how do American creditors get their money back dopey ?

By check, tell us how you do it.

 

[surada]

It would be good to move these places into public ownership but again who owns them now ?
Given trumps previous business debacles I would imagine that his affairs are set up against the likelihood of bankruptcy.

GMAC owns Trump Tower.

 

[marvin martian]

Seizing Trump’s New York properties will not be easy for Letitia James

Attorney general could face same problems as ex-president in trying to liquify assets to meet the $454m fine amount

www.theguardian.com

This seems hard work. Obviously cash would be better than property.

But I wonder if Ms James might take any property income from these places. It would likely cover the interest that trump is building up every day. But trump probably needs that income to pay off the mortgage, That might be a problem

It would also leave the portfolio intact pending any appeal.

Liquidating the property might be beneficial if trump actually owns the property rather than it being mortgaged to the hilt. In that case the lender has first dibs on the payout.

Trump 1 must be worth something but again it is likely to be held on a lease.

I do wonder if it might just be easier to lock him up in debtors prison until he can clear the tab.

How's this working out so far, you fat fuck?

 

[rightwinger]

GMAC owns Trump Tower.

They need to evict Trump
Brings down the neighborhood

Who wants to live next to a convicted felon?

 

[Blisterfinger]

They need to evict Trump
Brings down the neighborhood

Who wants to live next to a convicted felon?

I would love to live next door to Trump. It's you that I cannot stand. Dishonest Democrat