Republican Presidential Candidate, Donald Trump, today asked a Federal Court to delay the Presidential Election until he can afford to raise funds for a viable campaign.
His lawyers say he cannot find a private company to guarantee the $464m (£365m) he has been ordered to pay in a New York civil fraud case.
If he pays the money by liquidating assets, he will incur large penalties, leaving him without enough funds to successfully fight the upcoming election, say his lawyers.
The former president must either pay the full amount in cash or secure a bond in order to continue his bid to be President.
Mr Trump's lawyers said on Monday that securing a bond of that size was a "practical impossibility".
'It is every citizen's right to be able to fund a billion-dollar campaign,' said his lawyers. 'This is a cornerstone of US democracy.'
