Legal Insights
Expert analysis, legal guidance, and insights from the attorneys at Spodek Law Group. Stay informed about your rights.
Bankruptcy is a tool. It is not the only tool, and for most merchants carrying merchant cash advance obligations, it is not the right one....
Read ArticleFactor rates and interest rates both describe the cost of capital. They do so in languages that are mutually unintelligible, and the confusion between them...
Read ArticleA landscaping company in Los Angeles takes a merchant cash advance in April, when the contracts are flowing and the daily revenue comfortably absorbs the...
Read ArticleYour spouse did not sign the merchant cash advance agreement. Your spouse did not negotiate the terms, receive the funds, or benefit from the advance...
Read ArticleBy the time an MCA company starts contacting your clients, the company has made a calculation. The calculation is that the reputational damage to your...
Read ArticleForward Financing markets itself as a straightforward path to working capital for small businesses. Founded in 2012, the Boston-based company has built a presence in...
Read ArticleNot every UCC filing is legitimate. Some are filed without authorization, some arise from transactions that never occurred, and some are filed as acts of...
Read ArticleAn MCA funder does not send a polite letter when you fall behind. The daily ACH withdrawals accelerate, the UCC lien tightens, and the collection...
Read ArticleYou signed an authorization. You permitted a merchant cash advance company to withdraw funds from your business account on a recurring basis. And now you...
Read ArticleBankruptcy is not the only door, and for most small businesses it is not the best one. Chapter 11 reorganization costs, even under the streamlined...
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