However, seizing assets is difficult and it's own legal process which can get very complicated too once his properties are in receivership. So, I'm thinking he has no real choice but to do either a Chapter 13 for a personal bankruptcy or a Chapter 11 for a corporate Bankruptcy one of the two.
There might be another choice if Putin allows it. Buy a Bond from Putin through a Russian Oligarch. However, this might prevent him from getting any votes too.
However, I think this week Trump just lost the election and might lose his business interests too.
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