How Does a Merchant Cash Advance Work?
As a small business owner, you’re likely familiar with the financial struggles of trying to grow a business while keeping up with operational expenses. In fact, you’ve likely come across a popular financing option known as a merchant cash advance (MCA). But you might be wondering: How does a merchant cash advance work, exactly? Read […]
Merchant Cash Advance Defense: How to Protect Yourself From Lawsuits
Are you a merchant cash advance borrower who is facing legal action from an MCA provider? This can be a scary and stressful situation. The good news is there are measures you can take to safeguard yourself and your rights. Read on to learn the options available for a merchant cash advance defense when facing […]
Can You Write Off a Merchant Cash Advance on Taxes?
With the cost of running a business rising, many entrepreneurs are turning to merchant cash advances for additional capital. But can you write off a merchant cash advance on your taxes? Whether you’re considering taking out an MCA or already have one, it’s important to understand how they affect your business and, ultimately, your taxes. […]
Should I Pay Debt Collector or Original Creditor?
“Should I pay the debt collector or original creditor?” That’s a question many people ask when they owe money but aren’t sure how to resolve the debt. If you have unpaid debt and collectors are calling you day and night, you might be wondering if it’s better to pay them or the original creditor. Read […]
How To Find Out Which Collection Agency You Owe
Dealing with a large amount of debt can be stressful and confusing. That’s especially true if one or more debts have been sent to collections. Delinquent debts will harm your credit score and cause collectors to call you day and night. But before you can resolve the problem, you might need to know how to […]
What Happens if You Default on a Business Loan?
Financing your business can be a daunting experience. Not only is it difficult for small business owners to obtain financing, especially for new businesses, but it can also be stressful if things don’t go as planned and you struggle to repay what you owe. Small business loan default can occur if you go too long […]
Will a Debt Collector Sue and Take You to Court? Here’s What to Know
If you’ve been contacted by a debt collector about a debt they claim you owe, you may start fearing the worst. You may wonder, can debt collectors take you to court, even if the debt doesn’t belong to you or you’re not obligated to pay? And how often do debt collectors take you to court […]
What Is a Merchant Cash Advance?
A merchant cash advance is an alternative financing option for small business owners, particularly those that don’t have a good enough credit history or haven’t been in business long enough to qualify for traditional business financing. But while a merchant cash advance may have an easy approval process, the cost might not be worth it. […]
How to Get a Debt Lawsuit Dismissed
If you’ve missed credit card payments or defaulted on a loan, the creditor will try to collect the debt through various methods. But if they’re unsuccessful, they may file a lawsuit against you in an attempt to collect the debt by obtaining a court judgment. If that’s happened, you might be wondering how to get […]
Should I Get a Lawyer If My Wages Are Being Garnished?
If your wages are being garnished, you need to find a solution to resolve the debt fast. Garnished wages mean you have even less income available to pay your bills and obligations. But the process for stopping or reversing wage garnishment can be complex. You may need to hire a lawyer for wage garnishment issues. […]
