If you've found yourself saying, "MCA is harassing my customers," you need to take action immediately. When a merchant cash advance company, or any high-interest lender, starts contacting your customers, harassing them, and demanding that they be paid the money that is due you, it can seriously damage your reputation and customer relationships.
How Do Merchant Cash Advance Lenders Harass Customers?
There's a variety of ways that lenders may seek to do so. They may be using a judgment that's been levied against you or your business, or they may be sending collection letters from their attorney under the UCC. Stopping that process, getting your money back on track, and keeping the relationship that you have with that customer is critical. To do this, it's important for you to be proactive with a local attorney.
Work with an Attorney to Stop MCA Lender Harassment
If you're asking yourself, "What should I do when MCA is harassing my customers?", there are legal options available. There is a non-bankruptcy option and a bankruptcy option. The non-bankruptcy option involves getting an attorney to step in to negotiate with the MCA lender. The goal is to secure the immediate release of that UCC liens, so that you can maintain your customer relationships.
Bankruptcy is the more severe, but definitive option. Filing bankruptcy will bring an immediate stop to the liens caused by UCC or a judgment that's preventing your money from reaching you and going to your creditors instead.
Every situation is unique and the attorneys at The Lane Law Firm are here to help. Contact our office to schedule your free, confidential consultation.
The material and information contained on this website is for general information purposes only. You should speak with an experienced attorney in your area before making any legal decisions.
