I continue to strive to educated small business owners. It’s something I’m passionate about. Through the course of my 16+ years in practicing law, I have been able to help hundreds upon hundreds of small businesses in merchant cash advance disputes, credit card disputes, complex business litigation, contract disputes, employment matters, and foreclosures. I challenge any debt settlement company to make the same claim. They can’t.

In this article I address a simple concerning  false representation I see all too often from these debt settlement companies: that they’ll magically be able to cut your debt by 50% or more.

If you believe that, well, I urge you to do the following: call the plaintiff’s law firm in your merchant cash advance agreement dispute, and ask them if they’ll accept 50% of the claim in a lump sum. Spoiler alert: they’ll say “no”. It’s ridiculous and any debt settlement company that thinks they’ll just make a call and get the debt settled with a reduction of 50% or more is selling you B.S.

 Buyer Beware: Debt settlement companies are not law firms, they’re not regulated, they freely work with unqualified individuals and often do not have the backing of a reputable law firm like this firm.