2023
The Retail Apocalypse and Bankruptcy
Despite the growing economy, the retail apocalypse continues for many retailers, especially small-business-owned brick and mortar stores. The continued growth in e-commerce has changed the
Merchant Cash Advance Red Flags
Many business owners looking for a quick loan with little hassle turn to merchant cash advances as a way to fund their business expenses. Some
Bill Seeks to Exclude Attorneys as “Debt Collectors”
There is a bill that is currently sitting in Congress that would exclude attorneys from being defined as “debt collectors” when representing creditors and free
New York AG Launches Investigation into Merchant Cash Advance Companies
Recently, Barbara Underwood, New York’s Attorney General, has launched an investigation into potential abuses conducted by merchant cash advance companies. Merchant cash advance companies are
Several NY County Clerks Seek to Curtail Use of Confession of Judgment
According to recent reports, at least three New York State county clerks have taken steps to curb the use of confessions of judgment, a predatory
Debt Disputes & Negotiations
New York Debt Lawyer Advocates for Clients With Debts in NYC Being buried under a mountain of debt can be overwhelmingly frustrating. You toss and
What is a Merchant Cash Advance?
A merchant cash advance (MCA) is one way that business owners can borrow money for the operation of their business. While MCAs may provide temporary
The Pros and Cons of a Merchant Cash Advance
Merchant cash advances (MCAs) provide quick cash for business owners facing financial difficulties. While the prospect of quick cash deposited into your business account may
How to Handle Lender Harassment
Those who are fighting debt have a lot on their plate. The last thing they need is incessant harassment, including phone calls, emails, and letters,
New York’s Recent Law Curbing Confessions of Judgment Abuse
Governor Andrew Cuomo approved legislation last August to limit the use in state courts of confessions of judgment. Confessions of judgment allowed creditors to freeze
New York Blocks Debt Collectors From Seizing Stimulus Payments
People across the country are receiving stimulus checks to stay afloat during these trying times. Fortunately, New York is blocking banks and debt collectors from
Small Business Debt Relief During COVID-19
The current health pandemic has affected thousands of people across the country, especially small business owners. Small businesses aren’t only dealing with the responsibility of