When it comes Corporate Debt Relief, we come second to none. No miracle pill will cure all debt problems and meet the needs of every single business owner as what works well for one may not work well for others. We understand each of our clients have different needs, and therefore, we offer choices.
MCA Loans & other debts are confusing. Let our business debt advocates and experts do the work for you – organizing, analyzing, and working to lower these debts.
High-interest loans are egregious. Our business advocates and experts know where to look to find you savings and lower the amount you owe.
Missing just 1 or 2 payments to an MCA may be deemed a default of your agreement. If you signed a COJ, upon default, the MCA will file a judgment against you personally and your business, which they will then use to try to freeze your bank accounts and possibly even your merchant processing accounts. Without access to your money, it will be impossible to pay your employees or any other obligations you may have. They see all your money as their money – we see otherwise.
In addition to filing COJs to try to freeze your bank accounts, the MCAs will file a UCC lien. Once filed, they will send a copy of the lien along with a demand letter to your merchant processors and/or your current and past customers, to freeze any receivables they can find. The MCAs will make sure your customers know that they have a lien against any money owed to you, and your customers will be instructed to pay the MCA company instead of paying you. We can help!
Closing your business to avoid paying? Did you perform ANY of the 5 common breaches: (1) take out multiple MCAs, (2) stop any payment, (3) open a new bank account, (4) open a new merchant account, or (5) pay only ‘what you could’ instead of the contractually specified percentage. If you did, the MCAs can use the COJ (also a personal judgment) to collect from your own assets! If no COJ, they can sue you to collect on the personal guarantee that you signed. So we stop them.
*Savings are not guaranteed and can range
anywhere from 0% to 100%.
Our business debt advocates are standing by Monday through Saturday from 8 AM – 8 PM (EST) to help with your bills.
Call Us: (646) 694-8426