Wow, someone actually finally managed to force Trump to pay a bill.

  • @FlowVoid@lemmy.world
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    9 months ago

    I think he probably put up a building or two as collateral, kind of like a HELOC. If it’s not paid back, they repo the building(s).

    • @mercano@lemmy.world
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      99 months ago

      I hope they got their own appraiser, because the Trump org is infamous for making up numbers. Better check the paperwork at city hall, too, to make sure there are no undisclosed mortgages, leans, or easements on the property.

      • An institution capable of making risky loans of substantial size certainly should have high quality risk and valuation assessment capabilities.