If Trump does not secure a financial guarantee by Monday’s deadline, James could begin the legal process of seizing Trump’s bank accounts and physical assets in Manhattan and Westchester through liens and foreclosures.
A representative from the Trump Organization did not respond to a request for comment from ABC News.
On Thursday, lawyers for Trump doubled down on their claim that securing the bond is impossible, according to a letter sent to New York’s Appellate Division Thursday.
Trump attorney Clifford Robert described James’ suggestion Wednesday that Trump secure multiple smaller bonds or hand over property to the court as “illogical,” “unconstitutional,” “impractical,” and “unjust.”
“Perhaps worst of all, the Attorney General argues that Defendants should be forced to dispose of iconic, multi-billion-dollar real-estate holdings in a ‘fire sale,'” Robert wrote in the letter.
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