Dealing with Main Street Finance Group in Utah?

For many Utah business owners, the daily drain of automated clearing house withdrawals from Main Street Finance Group can quickly become unsustainable. When your cash flow is restricted by these aggressive payment structures, your ability to manage overhead and payroll is compromised. We focus on stabilizing your business operations by addressing the underlying legal issues associated with these financial agreements, providing a path toward regaining control of your company’s revenue.

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 leveraging these procedural requirements, we aim to challenge the validity of the judgment and protect your business assets.

Failure to respond to a court summons or a judgment by confession in Utah can lead to immediate bank levies and asset seizures. Do not ignore legal notices; acting promptly is critical to preserving your right to contest the claims against your business.

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 align with your current cash flow, preventing the total depletion of your operating capital.
  • Subchapter V Bankruptcy: For businesses facing insolvency, we provide advice on Exploring Business Bankruptcy Options to reorganize debt while maintaining operational control.
  • Corporate Restructuring: We assist in developing long-term strategies to stabilize your financial position and secure the future viability of your enterprise.

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