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Colorado Springs MCA Defense Lawyers Business Debt Relief

If you run a small business in Colorado Springs and are struggling with business debt, know that you have options and there are experts who can help. Our team at Delancey Street has extensive experience helping business owners get out of debt through legal debt relief strategies.

How We Can Help With Business Debt Relief

Our business debt relief services focus on several key areas:

  • Debt settlement – We negotiate with your creditors to try to settle your business debts for less than you owe. This can relieve financial pressure and reduce or even eliminate interest and fees.
  • Debt restructuring – We work on restructuring the terms of your debts to make them more manageable, such as reducing interest rates or extending repayment terms.
  • Legal defense – If creditors take legal action against your business over unpaid debts, our network of attorneys can provide legal representation and defenses.
  • Ongoing money management – We provide financial consulting to help business owners better manage cash flow, avoid future debt, and build healthy financial habits.

Throughout the process, you’ll have a dedicated expert assigned to your case to handle all negotiations and provide tailored advice for your situation.

Common Business Debt Issues We Can Address

Some of the most common types of business debt we can help with include:

  • Merchant cash advances (MCAs) – These loans provide quick financing but can have extremely high interest rates and aggressive collection tactics. Learn more about the risks of MCA loans.
  • Business loans or lines of credit – Failing to make payments on loans from banks or online lenders can trigger penalties and legal action.
  • Business credit cards – High balances and missed payments on cards used for your business can result in fees, interest charges, and credit damage.
  • Vendor debt – If you fall behind on payments to suppliers and vendors, you may face collection calls, lawsuits, or even supply chain disruptions.
  • Commercial leases – Defaulting on a business property lease can enable your landlord to seize assets or evict you.
  • Payroll and taxes – Failing to pay employees or pay taxes opens up massive liabilities that quickly spiral.
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If any of these sound familiar, our Colorado Springs business debt relief services may be able to help. Reach out for a free consultation.

Colorado MCA Defense Lawyers Can Challenge Lender Practices

One major source of small business debt we often see involves merchant cash advances (MCAs) from alternative online lenders. While MCA loans provide fast access to capital, they often come with excessively high costs and aggressive collection practices when borrowers default.Fortunately, Colorado lawyers can challenge and defend against some of the worst MCA industry practices, including:

  • Exorbitant interest rates – Attorneys argue that rates above 45% may violate state laws against criminal usury.
  • Deceptive marketing – Lawyers prosecute false advertising about costs and risks of MCA loans.
  • Aggressive collections – Legal action can stop harassment, threats, overcharging fees, and other predatory collections tactics.
  • Faulty loan contracts – Attorneys identify unlawful terms or conditions in MCA contracts that may nullify debt obligations.
  • Abusive UCC filings – Lawyers fight back against lenders unlawfully freezing business bank accounts and assets.

Our network of Colorado attorneys has successfully challenged MCA lenders over these types of abusive and illegal practices. They can review your situation, build legal arguments, and represent your business in disputes or lawsuits with lenders.

The Debt Settlement Process for Business Owners

If your Colorado Springs business is burdened by unmanageable debt, debt settlement may be the most viable path forward. Here is an overview of how our business debt settlement process typically works:

  1. Free consultation – We offer a no obligation consultation to discuss your business debts, financial situation, and debt relief options. There are no upfront fees to get started.
  2. Strategy development – Your dedicated case expert will conduct a full review of your debts and assets to map out a customized negotiation strategy with each creditor.
  3. Documentation and legal review – To build leverage and defenses in settlement talks, attorneys can review your debt contracts, statements, and creditor communications to identify potential violations.
  4. Negotiations and settlement – Leveraging legal arguments and defenses, our team handles talks with creditors to negotiate reduced payoff amounts for your debts. Most debts settle for 30-60% less than originally owed.
  5. Debt management – As debts get resolved, we provide ongoing advice and consulting to help improve your business’s financial management to avoid any return to debt.
See also  10 Questions to Ask Business Debt Settlement Companies

Throughout this process, you get the benefit of financial experts and lawyers working together to protect your interests and provide real debt relief. And there are no upfront fees – we only collect a percentage of savings earned through settlements.

Why Small Business Owners Choose Us for Debt Relief

  • No upfront fees – There are no upfront costs to get started with our business debt relief services. We only collect fees based on savings achieved through settlements.
  • Attorney representation – Our national network of business attorneys can provide legal counsel and representation if creditors sue your company over unpaid debts.
  • Tax savings – Settling debt for less than you owe can generate tax deductions that further ease financial pressures.
  • Protect assets – We work to prevent creditors from seizing valuable business assets critical for your operations.
  • Improve cash flow– Debt relief enables you to preserve cash flow that can be redirected towards growth rather than debt burdens.
  • Avoid bankruptcy – We explore every alternative before considering bankruptcy, which causes massive business disruptions.

If you need urgent business debt relief, contact our Colorado Springs team for a free consultation and case assessment. Our experts can answer all your questions during a free, no obligation consultation about your situation and options.

About Delancey Street Partners

Delancey Street is one of the nation’s leading business debt relief and debt settlement companies. For over a decade, our financial experts and attorneys have helped thousands of small business owners negotiate, settle, and restructure millions of dollars worth of problematic debt.Our mission is to equip business owners with the tools and support needed to free themselves from debt burdens and build true financial independence. We provide customized debt relief strategies that make debts more manageable, help owners preserve assets, assist with cash flow, defend against creditor harassment, and position businesses for sustained stability.In addition to business debt settlement and restructuring services, we also provide:

  • Cash flow consulting – Guidance on improving cash management and financial planning.
  • Wealth management – Advisory services on investing, tax optimization, and asset protection.
  • Credit repair – Help resolving disputes, removing errors, and improving business credit scores.
  • Tax debt resolution – Negotiating IRS settlements, payment plans, penalty abatements, and Offer in Compromise agreements.
See also  Arkansas MCA Defense Lawyers Business Debt Relief

With extensive financial and legal expertise, cutting-edge technology, and relentless customer service, Delancey Street gives business owners the backing needed to finally break free from debt and secure lasting financial freedom.

Contact Delancey Street for a Free Consultation

To learn more about our Colorado Springs business debt relief and debt settlement services, contact Delancey Street today for a free consultation:Phone: 212-210-1851
Website: www.delanceystreet.comOur experts can review your situation, answer all your questions, explain your options, and get you on the path towards financial freedom







Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
$500,000 MCA Restructured Over 3 Years
"Thanks for helping me in literally 24 hours"
$250,000 SBA Loan Offer in Compromise
"Great choice for business owners who need a trustworthy partner"
$350,000 MCA Restructured Over 2 Years

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