Key questions as Trump hurtles toward deadline to pay $454 million fraud penalty

NEW YORK (AP) — Donald Trump is hurtling toward a critical deadline in his most costly legal battle to date. If the former president doesn’t come up with a financial guarantee by Monday, New York’s attorney general can start the process of collecting on the more than $454 million Trump owes the state in a civil fraud lawsuit.

Trump’s lawyers are trying to stop that from happening. They have asked a court to put collection efforts on hold while he appeals the staggering verdict.

The presumptive Republican presidential nominee tried getting a bond for the full amount, which would’ve had the dual purpose of stopping the clock on collection during his appeal and ensuring the state got its money if he were to lose.

But more than 30 underwriters said no, Trump’s lawyers told the court. They said it’s “a practical impossibility” that he’ll be able to get a bond for such a large sum.

That’s raised the possibility that New York Attorney General Letitia James could start trying to enforce the judgment as soon as Monday.

Here’s a look at what that might look like, and what it would mean for Trump’s business empire.

COULD NEW YORK REALLY SEIZE TRUMP’S ASSETS?

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