Only Donald Trump can make a filing that he can’t come up with bond money with the same court hearing his appeal where he is arguing the trial judge grossly underestimated his net worth. He was wrong, I’m worth billions! But I can’t come up with bond money.
@RonFilipkowski Hes a clown lol Why cant he get an asset backed loan against his $$$gabazillions of properties then?
@RonFilipkowski Lol. Here’s the ugly truth behind why no one will cover Trump’s bond ⬇️⬇️⬇️
@RonFilipkowski Lol. Here’s the ugly truth behind why no one will cover Trump’s bond ⬇️⬇️⬇️
@RonFilipkowski Ya Fat boy, his assets are worth billions. He owns the assets. He is worth billions. That is most rich people . They don’t let money just sit in the bank for peanuts from the banks.
@RonFilipkowski Here's how he'll get his money
@RonFilipkowski And his supporters would say that he is in this situation because the judge and his clerk had it out for him.
@RonFilipkowski And called the judge names all through the proceedings. Now he's asking for mercy.
@RonFilipkowski Have the courage to do what is best. 🇺🇸 🌎 🇺🇲 #SanFrancisco
@RonFilipkowski He really knocked himself out! 🤣🤣🤣
Not all assets are cash. Bond companies want cash, usually 120% of the bond. As a real estate developer, most of your assets are in property. You only put up a small percentage of cash and use the appraised value of the property for collateral on the rest of the loan. Much like when you purchased your home. #fearthewalkingbagpiper