How can a Merchant Cash Advance Defense Attorney help you with business loan debt settlement?
Business debts can easily spiral out of control. Especially challenging is the origination of a Merchant Cash Advance (“MCA”) a Predatory Lending Instrument that requires Daily or Wetly ACH automatic debits from the account receivables if the small business.
In cases like these, if you are facing business debt issues with your business, and you want to fix it all, then you need the help of experts who are skilled to help you sort your financial problems. There are dedicated attorneys such as the lawyers at Grant Phillips Law, PLLC who follow a professional and legal process to help you with your business debt settlement in a hassle-free manner.
Check out the process of how Grant Phillips Law, PLLC can help you with your business financing solutions.
Step #1. Free Consultations from experts
There are dedicated expert Debt Relief attorneys, assigned to you who provide you with a dedicated consultation and constant communication thereafter.
They review your case end-to-end and provide you with different solutions based on your specific case facts. Every case is different and hence, the experts use a customized approach for each case. They offer you multiple solutions on how you can restructure your MCA.
Step #2.The Solution in 24 hours
Your assigned lawyer and MCA debt Settlement team will analyze your current financial situation, your assets, income, expenses, and all corporate debt to formulate debt relief solutions.
Reading your Merchant Cash Advance Contract or Agreement is the first place we start to poke holes in the MCA funder’s predatory loans. Inside each MCA Agreement we look for indications that may determine the alleged MCA to in fact be a loan and thus governed by usury laws. For example Corporate Loans with interest above 25% annually is considered Criminal Usury pursuant to NY Penal Code 190.40 that make such usury a felony.
Step #3. Develop plans for restructuring
At Grant Phillips Law, the debt relief lawyers create customized plans to restructure all your business debts, and that includes settling or litigating your MCA loans if need be in order to preserve your rights and prevent the MCA funder from stripping the business of all revenue.
An MCA settlement helps you to save your business, no matter how difficult the situation is. We reach settlements for repayment that allows you to use your money to invest in new inventory and other business requirements and expand your business even while paying down some of the MCA.
Step #4. Get solutions for the most difficult cases
No matter how awful your case is, there is always a solution for your financial problems and the MCA debt relief attorneys have several. We will fight for you. If we cannot reach an amicable solution, our law firm will engage in filing a lawsuit and conduct MCA litigation to drive home your rights and protections from predatory lending.
We provide successful solutions to many of the most complex and difficult MCA business debt issues and with our expertise, knowledge, excellent communication and customer service we will do all we can to save your business from drowning. Think of a restructured payment, once monthly that is affordable. No daily or weekly ACH. One single fixed payment monthly.
Connect with a Merchant Cash Advance Attorney today to save your business and avoid filing bankruptcy. All Consultations are free.
Business Loan Debt Settlement may seems daunting. However, having professional lawyers by your side to deal with the situation can make a world of difference to your current scenario.
Now, call the expert Attorneys at Grant Phillips Law, PLLC. Helping and defending thousands of Merchants against predatory lenders and lending traps such as a Merchant Cash Advance. The funders have aggressive collection lawyers and can file UCC Liens and or sue you for default. Call us today let help you!
GRANT PHILLIPS LAW, PLLC
516.670.5165
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