Are you being sued by
LG Funding, LLC?
Our legal team at the Law Office of Simon Goldenberg, PLLC has recently
experienced an increase in the amount of inquiries from businesses seeking
defaulted Merchant Cash Advance debts. If you've fallen behind on an MCA and have been unable to come to
terms with the funding company, the funder may elect to bring a lawsuit.
If a judgment is entered, the creditor may be able to excercise remedies
such as wage garnishment, asset seizure, and entering liens. If you reside
outside of New York, the creditor may try to domesticate the judgment
in your state.
It is not uncommon for some MCA contracts to specify that any litigation
would be venued in New York. As such, businesses from across the country
are finding that legal action has been brought against them in New York.
Only an lawyer licensed to practice law in the State of NY can defend
such an action.
Debt Collection Lawsuit Defense Lawyers
Call Today: (888) 301-0584
We've noticed that many lawsuits brought on behalf of LG Funding LLC
are being represented by
Gene W. Rosen, Esq., Of Counsel to the Law Office of
Alan J. Sasson, P.C. The lawsuits oftentimes allege that the merchant has breached the
Purchase And Sale of Future Receivables agreement, causing the balance to become accelarated and immediately due
in full. As a condition to issuing a cash advance, LG Funding oftentimes
require a guarator to execute a
Security Agreement and Guaranty, which can cause the signer to become personally liable for the debt.
Contact Information For LG Funding LLC
Address: LG Funding, LLC, 1218 Union Street, Suite 2, Brooklyn, NY 11225
Phone number: 800-419-1160
Phone number: 212-444-9858
Fax number: 718-732-4512
MCA Debt Relief
At the Law Office of Simon Goldenberg PLLC, Our debt relief attorneys are
reputed for providing zelous defense to debt collection lawsuits in addition
to assisting with resolving debts in pre-litigation and post-judgment
status'. Each case is unique and as such, we always strive to identify
any and all possible resolution options, which may include settlement
reductions and repayment plans.
MCA debts and business loans can easily become overwhelming during times of fiscal
instability. Having a professional to assist you through your options
can make a substantial difference in how your matter is resolved.
You have rights! Learn how we can help. Call today for a free phone evaluation
- (877) 717-0098.
Last Updated 8/4/2017