Dealing with Granite Merchant Funding in Utah?

When daily ACH withdrawals from Granite Merchant Funding begin to compromise your business operations, the financial pressure can feel insurmountable. Many Utah business owners find their cash flow paralyzed by aggressive collection tactics. At Cannon Legal PLLC, we provide experienced legal representation to help you regain control of your revenue. Whether you are facing a pending lawsuit or struggling under the weight of an existing agreement, we evaluate your circumstances to identify potential defensive postures that could alleviate your immediate financial burden.

The Legal Reality for Utah Consumers

In Utah, the legal landscape surrounding Merchant Cash Advances (MCAs) is highly specific. Defense attorneys often challenge these funding agreements by scrutinizing whether the funder honored mandatory reconciliation, or “true-up,” clauses when business revenues declined. Failing to honor these requests can effectively transform a transaction into a disguised, usurious loan, which is a critical point of contention in court. If a creditor has aggressively obtained a judgment by confession or default, we can help you file a Motion to Vacate under Utah Rule of Civil Procedure 60(b), arguing that the judgment lacked due process or that the confession was obtained under false pretenses.

Failure to respond to a summons or court notice regarding a debt lawsuit can result in a default judgment, which may allow a creditor to garnish business bank accounts or seize assets. Do not ignore legal filings; taking proactive steps to defend your position is essential to preserving your business rights.

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 repayment terms to stop crippling daily payments, providing your business with the necessary breathing room to stabilize operations.
  • Subchapter V Bankruptcy: For businesses facing severe insolvency, we provide advice on Exploring Business Bankruptcy Options to protect your essential assets while reorganizing your obligations.
  • Corporate Restructuring: We assist in developing strategies for long-term operational survival, ensuring your business remains viable despite current financial pressures.

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