Lawyers at Wilkie Puchi LLP: Your Guide to Resolving Merchant Cash Advance Challenges
Merchant cash advances (MCAs) can feel like a lifeline for small businesses needing quick cash, but they often come with hidden traps—high fees, aggressive daily repayments, and confusing terms that can spiral out of control. When these advances turn into financial burdens, businesses need more than just advice; they need lawyers who understand the industry inside and out. At Wilkie Puchi LLP, our attorneys are dedicated to helping clients navigate MCA disputes, from lawsuits to debt relief options like debt consolidation and debt restructuring. In this guide, we’ll explore how our legal team can assist you in resolving challenges and regaining control of your finances.
When to Consider a Lawsuit
Often, the only way to fight back against an unfair MCA is through an lawsuit or through counterclaims to a funder’s already-existing lawsuit. This might happen if a provider uses deceptive terms in the MCA agreement, engages in illegal collection tactics, or breaches contractual obligations. For example, some MCA funders rely on predatory practices like confessions of judgment which are clauses that allow them to seize assets without due process, or enforce repayment terms that exceed legal limits. The lawyers at Wilkie Puchi LLP can step in to evaluate your agreement and determine if you have grounds for an lawsuit or counterclaims.
Business owners often search for an “attorney near me” when they realize they’re in over their heads. Proximity matters, but so does deep knowledge of practices. Our lawyers bring both, with years of experience managing portfolios and litigating for and against funders. Whether it’s challenging an unfair agreement or defending against aggressive collections, an attorney from Wilkie Puchi LLP can protect your rights and your business. We’ve seen cases where funders misrepresented repayment amounts or used fraudulent contracts - both issues we’ve successfully contested in court to give our clients relief and bring restoration to their businesses.
Debt Settlement and Restructuring: Legal Strategies for Relief
Not every MCA dispute requires a courtroom battle. Often, debt settlement or debt restructuring offers a faster, less stressful path to resolution. debt settlement involves negotiating with the provider to reduce the total amount owed, sometimes securing a lump-sum payoff at a discount. Debt restructuring, on the other hand, adjusts the repayment terms. This can mean lowering daily withdrawals or extending the timeline to make payments more manageable for your cash flow.
An attorney at Wilkie Puchi LLP starts by reviewing your agreement to identify leverage points. Unlike debt settlement companies that charge 20-30% of your total debt, we operate on a minimum fee structure, potentially saving you thousands. Our lawyers also act quickly, starting negotiations immediately to prevent delays that competitors often cause, like those outlined in our lawsuit against MCA Resolve. With debt restructuring, we’ve helped clients avoid default and keep their businesses afloat, offering a sustainable alternative to endless repayment cycles.
Debt Consolidation: Simplifying Your Obligations
For businesses juggling multiple MCAs, debt consolidation can be a game-changer. Debt consolidation combines several advances into a single payment, reducing the chaos of daily withdrawals from multiple funders. Our lawyers can guide you through the ramifications and steps in the consolidation process.
Debt doesn’t have to be the end for your business. Whether you’re facing an lawsuit or seeking debt settlement, the lawyers at Wilkie Puchi LLP are here to help. Our approach stands out: predictable fees instead of the 20-30% debt settlement companies charge; proactive legal action instead of costly delays; and transparent communication to keep you informed. We’ve seen the tricks MCA funders use and we know how to fight back.
From reviewing your MCA agreement to securing debt restructuring, our attorneys bring insider experience from managing MCA portfolios and litigating in the industry. If you’re ready to break free from debt, contact Wilkie Puchi LLP’s attorneys for a free consultation. Let us level the playing field and guide you toward a brighter financial future.