Category: Tayne Law Group

Do You Need a Debt Settlement Attorney? 4 Cases When You Do

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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can you settle a debt after being served

Can You Settle a Debt After Being Served?

Shouldering a large amount of debt and struggling to keep up with payments is extremely stressful. And if you’re served papers in a debt collection lawsuit, it only adds insult to injury. You might feel like you’ve run out of options. You might be wondering: Can you settle a debt after being served? In short, […]

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charged-off as bad debt

Charged-Off as Bad Debt: What Does it Mean?

Missing a payment won’t impact your credit score, as long as you get caught up within 30 days. After that, though, the delinquency will likely be reported to the credit reporting agencies and can damage your credit. If you keep ignoring your payments, your credit account could get charged off as bad debt. At a […]

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ucc attorney

How a UCC Attorney Can Help Your Business

If you took out a merchant cash advance (MCA) or other form of business financing, you might have a UCC lien on your business credit reports. UCC liens are common. However, they can present some challenges for your business, especially when it comes to borrowing money in the future. A UCC lien can also cause […]

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merchant cash advance breach of contract

What Happens with a Merchant Cash Advance Breach of Contract Lawsuit?

As with a small business loan, a merchant cash advance (MCA) involves a contract between you and your provider. If you stop making your payments, it could result in a merchant cash advance breach of contract, and the MCA lender could sue you. Dealing with merchant cash advance legal issues can be a pain for […]

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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. […]

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debt consolidation for collections

Can You Consolidate Debt in Collections? Here’s How

Loans or credit card debt that have gone to collections can wreak havoc on your finances. It hurts your credit score, and debt collectors start calling you day and night. So you’ll want to find a solution to your debt problems ASAP. Debt consolidation for collections accounts is one option to explore. However, there are […]

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Merchant Cash Advance Pros and Cons

Merchant cash advances can provide quick and easy cash for small businesses that have ongoing sales but need cash right now. But like any other financing option for your small business, there are both benefits and drawbacks to using a merchant cash advance (MCA). Understanding merchant cash advance pros and cons can give you the […]

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bankruptcy pros and cons

Should You File for Bankruptcy: Pros and Cons

Dealing with thousands of dollars in debt can feel like a hopeless situation. Fortunately, several options are available to help you get it under control, including bankruptcy. However, filing for bankruptcy isn’t a quick fix for your debt problems. Therefore, it’s essential to understand the pros and cons of bankruptcy so you can make an […]

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What a Debt Collection Agency Can (and Cannot) Do

When you fail to pay back a debt, the original lender will usually try to collect it themselves. However, if it goes unpaid long enough, they may decide that it’s unlikely that they will ever recover the debt. At that point, the debt gets marked as a charge-off on your credit report, and the lender […]

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Our Process

While our staff and attorneys are based in New York, Tayne Law Group P.C. serves clients from across the country! Whether you prefer to talk on the phone, schedule a video call, or want to come into one of our New York locations, our staff and lawyers are here to answer any of your questions.

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Why people choose Tayne Law

A debt relief law firm

Personalized Program

Every situation is unique. We’ll work with you to find a solution that resolves your debt and frees up your cash flow.

No-billing
Policy

You make one low monthly payment and will never get an unexpected bill.

Experienced NY Debt Attorneys

We have more than 20+ years of experience providing clients with debt relief.

Confidential & Trusted

As a law firm, our attorneys follow strict client confidentiality. Our services are discrete and effective.

Work with Creditors

We work with all creditors, whether you’re dealing with a collections firm, a national bank, credit union, or another lender.

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