It looks like he’s going to have to sell more than just shoes in order to keep the lights on. There’s a new report that suggests Donald Trump might be forced to sell his beloved Mar-A-Lago home in West Palm Beach, Florida just so he can foot the bill for the $350 million he owes from the civil fraud lawsuit that he was slapped with by the state of New York City. Keep reading below for everything you need to know.
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Celeb News – Is Donald Trump Selling Mar-A-Lago?
Unfortunately, Donald has a deep hole in his pocket. In addition to the $350 million that he owes New York City, he also has to pay $87,000 a day in interest for that debt.
If that weren’t enough, he also owes E. Jean Carroll $88.3 million in that lawsuit too. Carroll alleged that Trump had sexually assaulted her back in the 1980’s.
So, is Donald Trump going to sell Mar-A-Lago? Clearly, that’s what everyone wants to know. New York-based attorney Colleen Kerwick thinks it might be a possibility. She told Newsweek in a new interview, “Florida is a debtor’s haven.
The homestead law in the Florida Constitution protects an unlimited amount of value in your residential home from judgment creditors.”
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Celeb News – What’s Next For The Trump Family?
Trump has made Mar-A-Lago his legal residence since 2019. He’s also registered to vote in Palm Beach County, Florida.
Donald’s wife Melania Trump also spends a lot of time in their Florida home. Previously, he listed the Trump Tower in New York City as his formal residence.
Now, whether or not Donald does end up selling his beloved home remains to be seen but for now, the former president has not made any comments about the matter. Instead, he’s focused on doing everything that he can to win another term in office.
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He lost the 2020 election to Joe Biden and his hoping to oust the democrat from the White House in November. We will definitely update you with all of the latest details as they come in.
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