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Top Mistakes to Avoid in Merchant Cash Advance Debt Settlement Negotiations
Merchant cash advances (MCAs) can provide quick capital for businesses, but when repayment terms become overwhelming, many business owners turn to merchant cash advance debt settlement as a way out. Unfortunately, settlement negotiations are complex, and many businesses make costly mistakes that weaken their position. However, working with a debt relief company or settlement firm…
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What Happens if I Default on My Merchant Cash Advance in New York?
Merchant cash advances (MCAs) are a popular alternative financing option for small businesses seeking quick access to working capital. But while they offer speed and convenience, they also come with steep repayment terms that can put business owners at risk. If you are struggling to keep up with payments, you may be wondering: What happens…
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How Much Does It Cost to Hire a Merchant Cash Advance Debt Relief Attorney?
Navigating the aggressive collection tactics and confusing contracts associated with MCAs is treacherous without expert guidance. Many business owners find themselves in a deeper financial hole after trying to negotiate on their own. This is where the expertise of a seasoned law firm becomes invaluable. At Colonna Cohen Law, we believe in transparency and empowering…
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Why Debt Settlement is Problematic for MCAs
Merchant Cash Advances (MCAs) provide quick funding for businesses but often come with aggressive repayment structures and high costs. When business owners struggle to meet repayment obligations, they may consider debt settlement as a solution. However, debt settlement in the context of MCAs is a highly questionable practice that can lead to serious financial and…
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How Does Merchant Cash Advance Affect My Credit Score
A Merchant Cash Advance (MCA) can be an attractive option for businesses in need of quick funding. However, one of the most common questions business owners ask is: How does a Merchant Cash Advance affect my credit score? Understanding the relationship between MCAs and credit scores is crucial before deciding whether this type of financing…
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How Long Does It Take to Resolve a Merchant Cash Advance Lawsuit?
When your business is facing a merchant cash advance lawsuit, time is of the essence. These legal battles can put your company’s operations, business assets, and the business’s future income, and even its survival, at risk. At Colonna Cohen, we provide tailored litigation strategies to protect business owners like you from predatory financial tactics. Our litigation…
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