How Delancey works in New York City
New York City, New York business owners come to us at every stage of distress, from "we just took a stack and can't make Friday" all the way to "we're in default, sued, and the COJ has been filed." The right move depends on where you are in the timeline. We start with a free, confidential conversation and lay out the real options for your situation.
What makes Delancey different in New York City, New York is depth: our principals come from finance and law, not call centers. Every plan is built and reviewed by our senior-advisor team; where legal matters arise, independent counsel from our network is engaged directly with you. Free consultation, escrow held in your name, and a track record we'll put in writing.
What we settle in New York City
The New York City legal landscape
New York City business owners deserve to know the legal terrain before negotiating. Most MCAs are structured as purchase-of-receivables agreements, which courts have generally treated as non-loans, meaning state usury caps don't apply directly. But character-of-the-transaction challenges (Amerifactors, Champion Auto, Davis v. Richmond) are reshaping the playbook, and several states now require commercial financing disclosures.
NY criminal usury at 25% is the most aggressive in the country and has been used to recharacterize MCAs in cases like Davis v. Richmond Capital Group.
New York City usury thresholds vs. typical MCA effective rates
The same numbers from the card above, plotted against where MCA effective rates actually land. Anything past the criminal cap is fighting ground in a recharacterization argument.
Where we appear
The MCAn engagements that end up in court tend to land in a small set of venues. These are the ones we know best in New York City:
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01
New York County Supreme Court (Commercial Division)Specialized commercial venue for high-dollar MCA and creditor disputes in Manhattan.
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02
U.S. District Court for the Southern District of New YorkFederal venue for diversity-jurisdiction MCAn engagements, heart of fintech-MCA litigation.
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03
New York City Civil CourtLower-dollar commercial collection actions and post-judgment proceedings.
Industries we work with
New York City's economy isn't monolithic. The businesses we settle for skew toward:
How to pick a settlement company in New York City
The business debt settlement space attracts churners. Here's the short version of what to look for, and what to walk away from.
- Senior advisor or attorney on every call
- Written engagement, fee structure on day one
- Escrow account in your name, not theirs
- Track record they will name in writing
- Honest about timeline, written, engagement-specific plan at intake (no marketing promises)
- Promises specific reduction percentage on day one
- Won't put advisor names or credentials in writing
- Pushes you to stop paying immediately, no plan
- "100% guarantee", nobody can guarantee that
Ready to talk?
Free, confidential review. A senior advisor, not a salesperson, calls back within 30 minutes.