As the Republican presidential front-runner Donald J. Trump continues his last-minute search for a bond company willing to put forward the collateral to forestall enforcement of the $454 million civil judgment against him next week, speculation abounds about what will happen if no collateral is forthcoming by the March 25 deadline and New York’s attorney general takes action to collect the full penalty.
Attorney General Letitia James is expected to freeze Mr. Trump’s bank accounts and initiate proceedings to seize one or more Trump properties. Trump Tower, Trump Park Avenue, 40 Wall Street, the Mar-a-Lago resort in Palm Beach, Florida, the Trump National Golf Club in Jupiter, Florida, Trump International Golf Links in Aberdeen, Scotland, and many other properties and assets are in Ms. James’s sights if President Trump fails to either pay the amount her office demands or procure a bond to block enforcement of the judgment temporarily.
