Experienced & Trusted Legal Advocates
With decades of expertise, you can rest assured that you're in reliable hands. Legal challenges can be overwhelming, but at SKOP Law, our proven track record of successfully handling cases allows us to provide top-tier legal support. We are committed to delivering personalized attention and unwavering advocacy to every client. Our team fights aggressively on behalf of our clients, ensuring they receive the respect and dedication they deserve. We are focused on securing the best possible outcome for every case. When you choose us, we take the time to understand your unique situation and work relentlessly to protect your rights.
We Deliver Premier Legal Services With Outstanding Results Across Multiple Practice Areas, Including:
Business Bankruptcy
A legal process that assists businesses in restructuring or eliminating debt when repayment is no longer viable.
Business Law
Corporate attorneys provide guidance on legal rights, responsibilities, and compliance to protect businesses.
FDCPA Violations
The Fair Debt Collection Practices Act (FDCPA) protects individuals from harassment and unethical debt collection practices.
Employment Law
A legal framework governing the rights and responsibilities of employers and employees in the workplace.
Business Litigation
Attorneys handle business disputes of all sizes, leveraging legal expertise to protect and represent companies effectively.
Workers' Rights
The Department of Labor upholds laws ensuring fair wages, safe work environments, and employee protections.
Defending Consumers & Businesses Against Merchant Cash Advance Collections & Lawsuits
Did you take out a merchant cash advance (MCA) loan? You’re not alone. Thousands of businesses and individuals in New York relied on these loans during the pandemic to stay afloat. Now, many face UCC liens, lawsuits, and judgments due to non-payment or underpayment—often driven by the excessive interest rates imposed by MCA lenders.
That’s where SKOP Law comes in. Our firm has extensive experience protecting clients from aggressive lenders and their legal teams, securing settlements that save our clients thousands of dollars.
What is a Merchant Cash Advance Loan?
An MCA loan provides quick access to capital for businesses that may not qualify for traditional financing due to poor credit, lack of collateral, or other financial constraints. Instead of fixed payments, lenders collect a percentage of future sales until the debt is repaid—often at interest rates exceeding 30% to 100%.
How Can SKOP Law Help?
At SKOP Law, we recognize the financial strain that MCA loans place on borrowers. Our legal team fights to protect businesses and consumers from predatory lending practices by:
✔ Challenging aggressive collection tactics and legal actions
✔ Negotiating settlements to lower repayment amounts and interest charges
✔ Seeking case dismissals when applicable
Our mission is to help clients regain financial stability while minimizing the impact of exploitative lending.
Received a UCC Lien, Lawsuit, or Collection Notice? Act Now!
If you’re facing legal action over an MCA loan, don’t wait. SKOP Law has successfully defended clients against nearly every major MCA lender and collection firm. We’ll evaluate your case, protect your rights, and fight for the best possible outcome.
Contact SKOP Law today to discuss your options and protect your future.
A Merchant Cash Advance (MCA) is a financing option where a business receives a lump sum in exchange for a percentage of its future sales. While MCAs offer quick access to capital, they often come with steep costs and can quickly spiral into financial strain. If you're struggling with MCA debt, renegotiating your terms may help improve your cash flow and overall financial stability.
Business debt settlement is a process that allows companies to negotiate their outstanding debt and settle for less than the total owed. If you’ve fallen behind on payments, you may experience relentless collection calls, demand letters, or even lawsuits. Debt settlement can help you lower your financial burden and avoid aggressive collection efforts.
Debt settlement often requires professional assistance to navigate the process effectively. Here’s how it works:
✔ Stopping Collection Efforts – Your attorney or settlement firm informs the collection agency that you intend to negotiate, requesting an end to direct contact.
✔ Building Settlement Funds – If you lack immediate funds, you may contribute to a dedicated account until you have enough to make an offer.
✔ Negotiating a Reduced Payoff – Once funds are available, your representative negotiates a settlement for less than the full amount owed.
✔ Finalizing the Agreement – If an agreement is reached, you receive written confirmation that the debt is settled, and any remaining balance is forgiven.
If you're dealing with MCA debt or business debt collection, seeking legal guidance can help protect your rights and improve your financial outlook.
✔ Stopping Collection Efforts – Your attorney or settlement firm informs the collection agency that you intend to negotiate, requesting an end to direct contact.
✔ Building Settlement Funds – If you lack immediate funds, you may contribute to a dedicated account until you have enough to make an offer.
✔ Negotiating a Reduced Payoff – Once funds are available, your representative negotiates a settlement for less than the full amount owed.
✔ Finalizing the Agreement – If an agreement is reached, you receive written confirmation that the debt is settled, and any remaining balance is forgiven.
If you're dealing with MCA debt or business debt collection, seeking legal guidance can help protect your rights and improve your financial outlook.
Settling business debt can provide much-needed financial relief. If your business is struggling, negotiating a lower payoff can help you stay afloat. If you’re closing your business, settlement may protect your personal assets—especially if you signed a personal guarantee, making you personally liable for repayment.
What is an MCA UCC Lien?
If you've taken out a Merchant Cash Advance (MCA), you may already have an MCA UCC lien listed on your business credit reports. While common in business financing, a UCC lien can affect your ability to secure future credit—especially if the filing contains incorrect information.
A UCC lien (Uniform Commercial Code lien) is a legal claim a lender places on a borrower's business assets. This filing, also known as a UCC-1 lien, is submitted to the Secretary of State when a business takes out financing, such as an MCA or a small business loan.
- If the loan is secured, the lien typically applies to a specific asset, such as equipment purchased with an equipment loan.
- If the loan is unsecured (such as an MCA), the lender may file a blanket UCC lien, which covers all of your business assets—including income streams and future receivables.
If you default on your debt, the lender can seize these assets to recover their losses. Additionally, most MCA lenders require a personal guarantee, meaning you could be personally liable for repayment if your business cannot pay.
How Can a UCC Lien Affect Your Business?
A UCC filing does not impact your business credit score, but it can affect your creditworthiness by making it harder to obtain future financing.
Secured Loans: If a UCC lien is tied to a specific asset, you cannot use that asset as collateral for another loan until the original debt is fully repaid.
Blanket UCC Liens: If a lender files a blanket lien, any new lender will have subordinate status—meaning they will be repaid only after the original lender in the event of default. This can discourage new creditors from approving your loan application.
Additionally, in the case of MCA defaults, the lender may contact your existing customers and demand that they send payments directly to them, as your future receivables are considered their asset under the UCC lien.
If you believe a UCC filing is inaccurate, you can dispute it with the Secretary of State. However, it’s often best to contact the MCA provider first to request a correction. If they refuse, legal assistance may be necessary.
How to Remove an MCA UCC Lien?
A UCC lien is typically removed once the debt is fully repaid, but in some cases, it may remain on your business credit report even after you've satisfied the debt. If this happens, you may need to take action to clear it.
Options include:
✔ Contacting the Lender – Request a UCC lien termination upon debt repayment.
✔ Filing a Dispute – If the lien remains after repayment, you can dispute it with the Secretary of State.
✔ Hiring a Business Attorney – If the lender is uncooperative or you need assistance, legal representation can help ensure the lien is removed properly.
When to Consider Hiring an Attorney?
If you're struggling with an MCA UCC lien, a business debt attorney can help by:
✔ Negotiating Settlements – Attorneys can often reduce the amount owed, potentially settling for pennies on the dollar.
✔ Protecting Your Assets – If you're facing collection actions or legal threats, an attorney can defend your interests.
✔ Handling Legal Disputes – If your contract contains a Confession of Judgment (COJ), the lender may obtain a judgment without a lawsuit, leading to frozen bank accounts and asset liquidation. Legal intervention can challenge these actions.
Comprehensive Business Debt Solutions
Our firm specializes in:
✔ General Business & Contract Law – Helping businesses navigate legal challenges.
✔ Debt Relief & Settlement – Reducing financial burdens for small businesses.
✔ Merchant Cash Advance Negotiations – Modifying or settling MCA agreements.
✔ Commercial Litigation – Defending businesses against aggressive creditors.
We work for you—protecting your business, negotiating favorable terms, and helping you regain financial stability without filing for bankruptcy.
👉 Start your case today! Contact us to discuss your situation and explore legal options to remove your MCA UCC lien.
TESTIMONIALS
What Our Clients Say...
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5.0 Out Of 5 Stars
SKOP Law helped me settle my merchant cash advance debt for a fraction of what I owed. Their team was aggressive in negotiations and got my business back on track!"
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5.0 Out Of 5 Stars
"I was drowning in MCA debt, and SKOP Law fought hard to protect my assets. They handled everything quickly and professionally, giving me peace of mind."
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5.0 Out Of 5 Stars
"SKOP Law stopped my MCA lender from freezing my accounts and helped me restructure my payments. Their expertise saved my business from financial ruin!"