In a recent development, a New York judge has dismissed Donald Trump's attempt to postpone an $83.3 million civil defamation judgment favoring writer E. Jean Carroll, according to CNBC.

The ruling requires Trump to make the payment by Monday or post a bond while he appeals a jury's decision that he defamed Carroll in 2019.

This judgment is part of three civil damages awards totaling $540 million against Trump, including amounts owed to the New York State Attorney General.

Despite these financial challenges brought by Trump defamation case, the former president is on track to become the Republican presidential nominee.

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Federal Jury Orders Donal Trump to Pay $83 Million

Following a federal jury's decision on Trump defamation case, the ex-POTUS is obligated to pay over $83 million in damages to E. Jean Carroll.

The jury specified $18.3 million in compensatory damages and an additional $65 million in punitive damages.

Although the jury ruled last year that Trump was not liable for rape, he was held responsible for sexual abuse and defamation, resulting in a $5 million payment.

Judge Lewis Kaplan emphasized that Trump's current situation is a consequence of his own delays.

The judge rejected Trump's request to pause the judgment until after ruling on post-trial motions, highlighting the former president's failure to organize his finances promptly, Fox News reports.

Trump's legal team recently filed motions for a new trial, arguing that the court restricted his testimony during the previous trial and that his statements were aimed at defending his reputation, family, and presidency.

The motion claims that limitations on Trump's testimony influenced the jury's verdict.

The judge, Lewis Kaplan, pointed out that Trump failed to demonstrate potential expenses or circumstances relevant to the situation, questioning the former president's lack of action since the jury's decision on January 26.

Challenges in Collecting the Judgment

Legal experts suggest that Trump's urgent requests for protection are unusual, given that E. Jean Carroll would need several days to collect any funds, USA Today noted.

Mitchell Epner, a former federal prosecutor, stated that Trump's financial troubles, including over $500 million in court judgments, create complexities in satisfying the substantial verdict.

Donald Trump's request to post $100 million and block collection while appealing was denied by an appellate judge. With the $83.3 million judgment looming, E. Jean Carroll could begin collecting next week unless a court order or sufficient bond from Trump is secured.

The full scope of Trump's finances remains unclear, with estimates ranging from $2.6 billion to $3.1 billion.

However, the impending judgments pose significant challenges, as the ultra-wealthy often hold the majority of their assets in non-liquid forms.

In summary, the judge's rejection of Trump's bid underscores the urgency for the former president to address substantial financial obligations.

As the legal battles continue, the implications for Donald Trump's political future and financial stability remain uncertain.

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Written by: Bert Hoover

WATCH: Donald Trump Legal Team Requests New Trial in E. Jean Carroll Defamation Case- From Oneindia News