By Leslie H. Tayne, Esq.
February 6, 2023
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. […]
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By Leslie H. Tayne, Esq.
January 25, 2023
Unfortunately, debt is a way of life for most Americans. In 2021, total outstanding consumer debt reached a record $15.6 trillion, according to new data from the Federal Reserve Bank of New York. A large chunk of that debt came from mortgages and credit card balances, which increased by $52 billion in the last three […]
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By Leslie H. Tayne, Esq.
January 24, 2023
If you need funding for your small business, there are many financing options. Depending on your situation, needs and goals, you may consider a merchant cash advance (MCA) or a bank loan. Before signing away for the funds, it’s important to note that the two options couldn’t be more different in many ways. Here are […]
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By Leslie H. Tayne, Esq.
January 24, 2023
As a small business owner, maintaining cash flow can be challenging. For example, you might have relied on a merchant cash advance to cover your expenses. Except now, you’re behind on payments and facing an MCA lawsuit in New York. You might be wondering, “now what?” First, know that there’s no need to panic. Below, […]
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By Leslie H. Tayne, Esq.
January 18, 2023
Merchant cash advances are designed to be confusing. It’s no surprise that many small business owners who take out MCAs end up with razor thin operating margins and a seemingly endless cycle of debt. Not to mention, missing payments often results in huge fees and legal problems. One product that promises to fix this issue […]
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By Leslie H. Tayne, Esq.
January 12, 2023
If you have a credit card, student loan, or other debt that was sent to collections, you’re probably getting lots of phone calls and messages from debt collection agencies. It’s an irritating and stressful situation. So what happens if you ignore debt collectors completely? While you might find temporary relief, ignoring debt collectors is essentially […]
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By Leslie H. Tayne, Esq.
January 10, 2023
Is a merchant cash advance confession of judgment (COJ) wreaking havoc on your small business? If you recently defaulted on a merchant cash advance, you might be surprised to find out that the MCA company got a judgment against you in court. Now, your bank accounts are frozen and you’re wondering how this happened. After […]
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By Leslie H. Tayne, Esq.
January 9, 2023
If you’re in need of business funding, you may have considered a merchant cash advance (MCA). But before you commit to one, it’s important to understand how merchant cash advance fees work. MCAs help small business owners access working capital quickly, but they’re also quite expensive compared to other financing options. So read on to […]
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By Leslie H. Tayne, Esq.
January 4, 2023
Merchant cash advances have become a popular way for small business owners to get financing. However, due to the high costs and daily payment schedule, MCA recipients may quickly find that their advance is placing a major strain on their business finances. One potential solution to that problem is to refinance a merchant cash advance. […]
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By Leslie H. Tayne, Esq.
December 30, 2022
If a debt collector has contacted you, it’s critical to verify that the debt belongs to you and the information is accurate before you agree to pay or even acknowledge that it’s yours. Collection agencies are required by law to provide a debt validation letter after they first contact you, commonly referred to as proof […]
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