Blog — Page 4

Most business owners don’t find out about prejudgment remedies until it’s already too late. They wake up one morning, their bank account is frozen, and they can’t make payroll. They…

Short answer: When you default on a merchant cash advance, getting sued isn’t a maybe. It’s a when. Most MCA funders sue within 30 to 60 days of default, and…

Short answer: Yes, sometimes. But the window is narrow, the standard is high, and most business owners wait too long to do anything about it. In New York — which…

Short answer: Settling before default gets you better terms, more time, and a higher chance of keeping your business alive. Settling after default gets you a lower nominal discount, a…

Most business owners don’t realize this: when an MCA funder sues you, you are not stuck just defending. In a lot of cases, you have real, affirmative claims back against…

Short answer: If you ignore an MCA lawsuit, the funder gets a default judgment in 20-30 days. Once they have that judgment, they can freeze your bank accounts, intercept payments…

7 Stages of an MCA Lawsuit in New York (And How Long Each Takes) If you’ve defaulted on a merchant cash advance, and you’re in New York, the lawsuit is…

If you’ve been hit with a confession of judgment (COJ) by your MCA funder, you’re probably in panic mode. Your accounts are frozen. Your customers are getting notices. The funder…

Welcome to Delancey Street. If you’re reading this, you’re probably being sued by an MCA funder, or you’re a business owner trying to figure out if you have a defense…

Most merchant cash advances are structured to look like a purchase of your future receivables. That’s the whole legal premise. The funder isn’t lending you money – they’re buying a…