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Delancey Street Helps Business Owners Regain Control

Each year 10's of thousands of business owners struggle.

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Fill out our contact form. We'll reach out and conduct a thorough assessment of your situation, and how we can help you. Our goal is to understand your situation, and determine if our program is the right for you, and the type of debt you have.

We Work With You

Once we determine our program is right for you, we start working on your behalf. We conduct a thorough evaluation of the type of debts you have, and put together an action plan on what a realistic, and beneficial outcome would look like for each debt.

We Get Results

The final step is the most important, we restructure your debt and put you in a better position than we found you. We work with you to adhere to the new debt restructuring program, and are with you every step of the way to make sure your business is thriving.

Program Results

$450K Merchant Cash Advance

Extra 24 Months

Transformed into a monthly payment, and extended by 2 years, with a 15% reduction in balance.
$110K Merchant Cash Advance

55% Reduction

Transformed into a monthly payment, and extended by 2 years, with a 55% reduction in balance.
$100k Business LOC

50% Redution

Our client had an LOC with a MCA hybrid lender, and saw a drastic reduction in balance.

How We Help

Business debt settlement through Delancey Street involves restructuring your corporate debt, in a manner that allows you to keep your doors open, and results in an increase in cashflow.

Get a affordable plan that works for your business cash flow as a part of the debt settlement process.

Get potential resolutions with Delancey Street in a timely and effective time frame once you enter our debt relief program.

You Have a Powerhouse team of financial and legal experts on your side, advising you on how to interact with predatory creditors.

5 Star Google Rating trusted by 100's of people who are struggling with business debt.

Utah Merchant Cash Advance Legal Help – Attorneys, Debt Settlement

Utah Merchant Cash Advance Legal Help – Attorneys Provide Debt Settlement

Merchant cash advances (MCAs) can provide quick financing for small businesses, but they also come with risks. If your Utah business took out an MCA and is now facing legal action, you need experienced legal help. This article explains your options for resolving MCA debt lawsuits in Utah.

What is a Merchant Cash Advance?

A merchant cash advance provides a business with a lump sum of capital in exchange for a percentage of future credit card sales. It’s not technically a loan under Utah law. Instead, MCA companies argue it’s more like selling part of your future receivables.But make no mistake – MCAs carry extremely high effective interest rates, often over 100% APR when calculated like a loan. The daily or weekly payments can quickly become unmanageable.

Utah MCA Lawsuits on the Rise

In recent years, Utah has seen a surge in MCA lawsuits as small business owners struggle to keep up with payments. MCA companies rely heavily on confession of judgment (COJ) clauses that allow them to obtain a judgment without notice.Lenders then aggressively collect by garnishing bank accounts or forcing sales of the business. But experienced attorneys can often get these cases dismissed or dramatically reduced.

4 Defenses Against Utah MCA Lawsuits

If you’re facing an MCA collections lawsuit in Utah, here are some potential defenses to explore with an attorney:

1. Violations of Utah’s Commercial Financing Disclosure Act

In 2023, Utah implemented new regulations around MCA disclosures and registration. Failure to follow these rules can invalidate the agreement or reduce what’s owed. An attorney can review compliance.

2. Unconscionable or Confusing Contract Terms

MCA agreements often contain confusing legalese and terms that unreasonably favor the lender. Courts can rule these provisions unenforceable.

3. Improper Use of Confession of Judgment

If the MCA company failed to follow proper procedures when obtaining a confession of judgment, the court can throw it out.

4. Inability to Pay

Courts understand that small business owners can experience drastic changes in circumstances. In some cases attorneys can argue that enforcing the full judgment would be unfair.

Work With a Utah MCA Debt Attorney

The most important step is to seek help from an attorney experienced with Utah MCA lawsuits as soon as possible. They can review your case for potential violations and build a defense strategy.Here are a few top law firms in Utah that regularly handle these cases

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
$500,000 MCA Restructured Over 3 Years
"Thanks for helping me in literally 24 hours"
$250,000 SBA Loan Offer in Compromise
"Great choice for business owners who need a trustworthy partner"
$350,000 MCA Restructured Over 2 Years

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