Dealing with Fundzio in Utah?

When daily ACH withdrawals from a merchant cash advance provider begin to compromise your business operations, the financial pressure can feel insurmountable. Small business owners often find themselves caught in a cycle of debt that threatens the very survival of their enterprise. At Cannon Legal PLLC, we represent Utah businesses facing aggressive collection tactics from entities like Fundzio. We focus on stabilizing your cash flow and challenging the validity of the underlying agreements that are currently draining your revenue.

The Legal Reality for Utah Consumers

In Utah, the legal landscape surrounding merchant cash advances is nuanced. We scrutinize whether the funder honored mandatory reconciliation or “true-up” clauses during periods when your business revenues declined. If a creditor ignored these contractual obligations, the transaction may be recharacterized as a disguised, usurious loan rather than a purchase of future receivables. Furthermore, if a creditor has already obtained a judgment by confession or default, we can assist in filing a Motion to Vacate under Utah Rule of Civil Procedure 60(b), specifically arguing that the confession was executed under false pretenses or that your right to due process was violated.

Failure to respond to a court summons or a judgment by confession can lead to severe consequences, including bank levies and asset seizures. Do not ignore legal notices; acting promptly is critical to preserving your right to challenge the creditor’s claims in court.

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 daily payment obligations to levels that reflect your current business reality, preventing further cash flow erosion.
  • Subchapter V Bankruptcy Advice: When traditional restructuring is insufficient, we provide guidance on Exploring Business Bankruptcy Options to protect your essential business assets from aggressive creditors.
  • Corporate Restructuring: We assist in reorganizing your financial structure to ensure long-term operational survival and viability in a competitive market.

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