'Who's going to do that?': Trump faces hurdles in securing appeal bond for fraud case

February 22, 2024

But first, he has to secure a bond — and that might not be so easy. Unless he wants to pay the entire penalty while his expected appeal is considered, Trump will need to post an appeal bond. At that rate, Trump's original ruling with interest would indicate he will need to secure a bond worth more than $540 million. It's "not very attractive to take real estate as collateral," said Neil Pedersen, owner of New York-based surety bond agency Pedersen & Sons. Trump could have to liquidate some assets to secure a bond, said Pedersen.