Are you a business owner who was overwhelmed by a merchant cash advance that was nearly impossible to manage? You risk losing your hard-earned revenue if the creditors decide to sue you for default, which could lead to a judgment that might seize your business assets. We are DelanceyStreet.com, a top tier business debt relief company based in NYC, and we help clients nationwide, which means our services can benefit businesses in Atlanta too.

WHY MCAS CAN LEAD TO SERIOUS LEGAL ISSUES
A merchant cash advance (MCA) that was intended to help your small business can turn into a burden, which might result in delinquencies and damaging notices from the MCA provider. Delinquencies that continue beyond the terms of your contract may lead to potential lawsuits, which means your creditors can try to freeze your bank accounts. Under the Official Code of Georgia Annotated (O.C.G.A.), creditors that file lawsuits against you can request a default judgment, which might allow them to garnish your earnings.

CRIMES AND PUNISHMENT RELATED TO MCA ISSUES
Some borrowers engage in activities that might be considered fraud, which can lead to criminal charges filed by state or federal authorities. Misrepresentation that was used to secure an MCA could trigger a criminal complaint, which means you risk facing potential prison time or heavy fines. Failure to follow court orders that were issued after a lawsuit may lead to contempt of court, which could bring further penalties like additional fines or even jail.

If you believe you are under investigation, you should know that the Georgia Department of Law ( https://law.georgia.gov ) can work with other agencies, which means you could face multiple layers of scrutiny. Violations of consumer protection laws that were established by the Federal Trade Commission (FTC) ( https://www.ftc.gov ) may also lead to stiff penalties, which means your financial stability might be in grave danger.

STRATEGIES OUR FIRM USES TO DEFEND YOU
Evidence that was illegally obtained by the MCA provider can be ruled inadmissible, which means the court might not consider their claims valid. When the court throws out crucial evidence, you gain a huge advantage, which often leads to a better settlement opportunity.

Below are some of our defense tactics that were developed to protect you:

• Negotiating a Payment Plan: A structured repayment plan that was created to address the original debt can satisfy creditors, which might stop them from asking for a lump sum you cannot afford.
• Pursuing Debt Settlement: Debt settlement that was offered to an MCA provider can lower your total amount owed, which means you keep more money for your business.
• Challenging Hidden Terms: Fine print that was hidden in your MCA contract can be exposed, which means the lender might lose leverage in the lawsuit.
• Questioning the Validity of Confessions of Judgment: A COJ (confession of judgment) that was signed without proper disclosures can be contested, which means the creditor may lose the power to enforce immediate collection.
• Examining Bank Statements: Bank statements that were inconsistent with the MCA’s calculations can undermine their claims, which means you could see a big reduction in what you owe.

PENALTIES UNDER GEORGIA AND FEDERAL LAW
The Consumer Financial Protection Bureau (CFPB) ( https://www.consumerfinance.gov ) enforces rules that were created to protect borrowers, so MCA providers who violate these rules might face penalties, which means you could benefit from stronger defenses. Interest rates that were set too high may be seen as predatory, which can lead regulators to invalidate parts of the MCA, making it easier to settle the debt or reduce the balance.

Willful fraud that was proven in a criminal court can lead to imprisonment, which means your personal freedom is at stake. Multiple offenses that were committed over time can increase sentencing guidelines, which might result in longer imprisonment or higher fines.

HOW DELANCEYSTREET.COM CAN HELP
We are DelanceyStreet.com, and we pride ourselves on using legal strategies that were tested across many cases, which means our experience can help you fight back. Steven Raiser is our attorney who was recognized for his service in high-profile matters, and his legal insight can make a big difference in your MCA case. Open communication that we maintain with creditors often leads to better outcomes, which means you have a chance to protect your cash flow and stay in business.

YOUR NEXT STEPS
Do you have credit cards that were maxed out and stacked on top of an MCA? You might be dealing with debt overload, which can force you into a corner. SBA loans that you already owe can complicate your repayment, which means you need a skilled attorney more than ever. Court notices that arrive at your home or office should never be ignored, which means you need immediate legal advice to protect your rights.

Call us or visit our website today, so we can begin assessing your situation. Missing a deadline that was set by the court will lead to severe consequences, which means a default judgment might be entered against you. When you speak to our team, you can share your bank statements and MCA agreements, which means we can move fast to form your defense strategy.