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Questions linger as insurer files new documents [Video]

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Small Business Funding

The original deadline for Donald Trump to pay his bond in his business fraud case was March 25th. More than 3 weeks later, it’s still not clear whether he’s met the obligation.

The judicial system has been more than understanding of the difficulties suffered by a self-proclaimed multi-billionaire paying a half-billion-dollar bond. They’ve reduced the amount, given him extra time, and set a hearing date for April 22nd, almost a full month after the bond was originally due, for a discussion on whether the bond he’s filed meets the requirements.

Knight Insurance, the company covering the bond for Trump, has filed new documents to explain away apparent deficiencies, including the concern that the company might not have the money to cover the cost if (or when) Trump loses on appeal.

The latest filings still leave unanswered questions, though. Reuters reported:

“In a Monday night filing in a state court in Manhattan, Knight said the bond was fully backed by cash in …

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