Dealing with Eminent Funding in Utah?

When daily ACH withdrawals from Eminent Funding begin to compromise your operational cash flow, your business faces an immediate threat to its survival. We recognize the pressure that aggressive collection tactics place on small business owners, and we focus on providing a path toward financial stability. Our firm works to stop the daily drain on your accounts by challenging the underlying agreements and seeking to restructure your obligations to reflect your current business reality.

The Legal Reality for Utah Consumers

In Utah, legal counsel can scrutinize whether an MCA funder properly honored mandatory reconciliation or “true-up” clauses when your business revenues experienced a downturn. If a funder ignored these requests, the transaction may be recharacterized as a disguised, usurious loan rather than a purchase of future receivables. Furthermore, if Eminent Funding has obtained a judgment by confession or default, we can move to file a Motion to Vacate under Utah Rule of Civil Procedure 60(b), challenging the process on grounds of due process violations or claims that the confession was executed under false pretenses.

Ignoring a court summons or failing to respond to a judgment from a third-party debt buyer can lead to the freezing of business bank accounts and the seizure of assets. You must act immediately to protect your legal standing and preserve your right to challenge the claims brought 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 aim to restructure your crippling daily payment obligations into manageable terms that allow your business to maintain its essential operations.
  • Subchapter V Bankruptcy: For businesses needing a more structured path to recovery, we provide advice on Exploring Business Bankruptcy Options to protect your vital assets from creditors.
  • Corporate Restructuring: We assist in reorganizing your business finances to ensure long-term operational survival and shield your company from future predatory collection efforts.

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