Another win for Trump’s razor. There was no cash payout for Carroll: a bond was posted. There will be no bond paid on the New York civil fraud case. It appears that AG James will start the collections process this month.
The credit goes not to me, but to the algorithm.
Not a pledge. You pay right then.
I’ve given several times to different things. Totally legit as far as my experience goes.
While many of us are eager for James to start collection ASAP, I wonder how aggressively collection is pursued generally. In many cases, the state can afford to take a more leisurely approach than a private citizen might. The state isn’t going anywhere. If they don’t collect from the party, they can get it from their estate.
OTOH, I see no reason why the state should wait any considerable time before initiating proceedings. They gave a 30-day grace period. Trump pissed it away. Now just get those gears turning.
That’s a good thing. It means that when Trump inevitably loses his appeal, which he was always going to file, she gets the money immediately.
Without the bond, she has to collect from him directly. With the bond, she gets it from Chubb and they have to deal with collecting from Trump.
Carroll going after Trump’s assets is a fun thought, but it wouldn’t be fun for her.
The state hasn’t been sitting on their hands. They are locked and loaded and will execute as soon as the week is up.
GoFundMe itself is legit, but who knows about the person running the campaign. I can set up a GFM for whatever I want, and there’s no guarantee I’ll actually put any collected money toward that cause.
GMF does attempt to ensure campaigns aren’t misrepresenting how funds will be spent, but plenty of grifts get through.
Well, yeah, you have to do your homework just as you would anytime you make a donation to anything, including to friends and relatives. Duh.
I wasn’t suggesting they were sitting on their hands. I was just suggesting the state might work on a diferent timeline than a private party. My frame of reference is the federal agency I work for (not entirey analogous.) Periodically we need to collect from people. But it generally isn’t a rush. One collection is not going to make or break our budget. And we’ll outlive any debtor. We’ll get our money eventually.
I’d imagine, tho, that in their duty towards their constituents, there is an expectation that the proceed with all due haste. Of course, so long as interest continues to run on any uncollected amount, haste isn’t all that crucial.
It would thrill me to hear that on the first day possible, the state filed every possible collections action against every possible asset. See Chump scramble to fight it off.
My fond hope is that on March 26, sheriffs arrive at Mar-a-Lardo, put locks on the doors and start hauling furniture out. Paste a big sign on the door that says something like this one:
I don’t think a New York judgment can be executed against property in Florida.
I think otherwise:
When a money judgment is entered in one state, but collection efforts must occur in another state, a body of law is triggered. That body of law is called the Unified Enforcement of Foreign Judgments Act (UEFJA). Under the U.S. Constitution, a judgment obtained in one state is to be given full faith and credit to a judgment obtained in another state. The purpose of the UEFJA is to provide speedy and economical methods for creditors to enforce judgments in another state.
Let’s say that they seize a random one of his buildings and there is a two million dollar mortgage on it. Do they then sell it for whatever they can get and then the remainder is theirs after paying the mortgage and that goes against the debt? What if they can’t get more than two million at auction? Do they just give it back?
How long has that been open? Based on the Trump judgement clock, 1.36 million comes to about 11.5 days worth of interest. So if its longer than that its not even keeping up with the interest.
ETA: I found it. It was started on Feb 24, so nope its not keeping up with the interest payments.
That’s what the law says, and in a sane world that’s what happens, but I think there’s a nonzero chance DeSantis orders Florida state officials not to cooperate, and then we’re in a constitutional crisis.
But it’s not state [executive] officials involved in enforcement of judgments, it’s the state courts. De Santos has limited powers.
He couldn’t do anything that would hold up in court, but he could absolutely create a standoff for culture war points.
Yeah, he can’t order the courts to do (or not do) anything, but there’s got to be a state police agency he can order to close the courthouses or some other mechanism he can use to prevent the autonomous bodies from functioning or otherwise obstruct normal governance.
Honestly, we’re too used to legal machinery working the way it’s supposed to. The fascists will be much more creative in tearing down democracy.
He can wave his hands around and make weird faces at the camera and talk about how it’s a miscarriage of justice in his weird almost-human voice. I expect that’s what Ron is gonna do.
I know it’s possible to move debt to a subsidiary before spinning them off as an independent company. Is it possible for Trump to move liens from his non-New York properties to the New York properties to reduce the amount they would net upon sale after seizure? I’m thinking that changing the security for a debt would be much harder than moving around unsecured debt, but I don’t know for sure.
He literally has his own pet “state guard,” so yeah.
I doubt that would make it past the independent monitor.