#MerchantCashAdvance

Vacating a Judgment in New York

If the defendant in the action has not timely answered, the plaintiff can submit a default judgment. (CPLR 3215[a]). After the default...

Merchant Cash Advance Agreements -- Are They Legal?

Under New York law, a loan that charges annual interest over 25% is illegal, even if the borrower is a corporation. Merchant Cash Advance...

Can a Lender Prohibit a Borrower From Objecting to the County Where the Lawsuit Is Filed.

New York based lenders want the freedom of filing a lawsuit in whichever county in New York State they choose. One county may be much...

Help. I’ve been sued in New York. Can my accounts in my home state be frozen?

New York State laws are friendly to creditors. When a creditor gets a judgment against you in New York State, its attorney can freeze any...

Please Don't Shoot the Messenger.

If we notify you that you've been sued, you must take action right away to avoid a default judgement.