Dealing with Bridge Funding Capital in Utah?

When your business cash flow is compromised by aggressive daily ACH withdrawals, the operational survival of your company is at risk. Cannon Legal PLLC represents Utah business owners who are facing unsustainable repayment demands from Bridge Funding Capital. We focus on stabilizing your financial position by addressing the underlying pressure of these merchant cash advances, allowing you to regain control over your daily revenue and long-term business viability.

The Legal Reality for Utah Consumers

In Utah, defense attorneys can challenge Merchant Cash Advances by scrutinizing whether the funder honored mandatory reconciliation (“true-up”) clauses when business revenues declined, as ignoring these requests effectively turns the transaction into a disguised, usurious loan. If an MCA funder has aggressively obtained a judgment by confession or default, counsel should immediately file a Motion to Vacate under Utah Rule of Civil Procedure 60(b), arguing a lack of due process or that the confession was executed under false pretenses. By Exploring Business Bankruptcy Options, you may find additional avenues to protect your assets from further collection efforts.

Ignoring a court summons or a notice of judgment from a creditor can lead to the loss of your business assets and personal liability. You must act immediately upon receiving legal documents to preserve your right to challenge the claims made against your company.

How We Fight Back

At Cannon Legal PLLC, we focus on holding creditors to the strict standards of evidence required by law. We can help you navigate the process through the following targeted services:

  • Negotiated Workouts: We work to restructure your crippling daily payments into a manageable schedule that reflects your actual business revenue.
  • Subchapter V Bankruptcy Advice: We provide guidance on utilizing this streamlined process to protect your essential business assets while reorganizing your debts.
  • Corporate Restructuring: We assist in reorganizing your operational framework to ensure long-term survival and shield your company from future financial volatility.

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