2023
Growing Demand for Cash-Out Refinances
With home values steadily rising since the mortgage crisis of 2008, more and more homeowners are looking to tap into their home equity in order
A Drastic Spike in New York Foreclosure Rates May Lead to Possible Protections and New Regulations for Homeowners
The Home Affordable Mortgage Program (HAMP) was a program designed to lower an individual’s monthly mortgage payment, resulting in a more affordable payment over the
The ACA Contributing To the Rise of Bankruptcy Due to Medical Expenses
CNBC reported that an estimated 646,812 people in the U.S declared bankruptcy in 2013 due to medical expenses. Since the Affordable Care Act (ACA) went into
Beware the Pitfalls of Merchant Cash Advances
When a small business needs cash fast for a short-term need, some will turn to a merchant cash advance to leverage the required funds. A
Prohibited Practices Amongst Debt Collectors May Give Rise To Legal Action
If you or a loved one is receiving countless daily phone calls, emails, or any other form of communication from debt collectors, you can take
What Happens When I Miss My Merchant Cash Advance Payments
What is a Merchant Cash Advance? A merchant cash advance is an advance based on the business’ future revenue or credit card sales. Over the
Tax Implications of Merchant Cash Advances
When a business owner takes out a merchant cash advance, he or she is essentially pledging a portion of the business’ future sales to a
Merchant Cash Advances Are Not Loans
A New York State Supreme Court Judge recently ruled that a merchant cash advance (MCA) is not legally a loan. This means that merchant cash
What Does it Mean to Sign a “Confession of Judgment” Agreement?
Before entering into a Merchant Cash Advance (MCA), it is important to understand how you, as the borrower, can be held responsible for repaying this
Questions to Consider Before Accepting a Merchant Cash Advance
A merchant cash advance is an advance on future revenue and may not require a person to pay the advance back if his or her
The Difference Between Consumer and Business Debt
Debt refers to money owed by one party to another party. However, debt comes in two different forms: consumer debt and business debt. Consumer debt
Avoiding Default on a Merchant Cash Advance
A merchant cash advance is an advance on future revenue which may not require a person to pay the advance back if his or her