Vance M.
Negotiate directly and save big! Caveat Emptor
Hire your own lawyer instead if you are thinking of using Coastal Debt Resolve (MCA Resolve). I signed up with Coastal Debt but then figured out after the fact that the actual company handling my account was MCA Resolve. Please reach out to me and I will be happy to tell you my experience. Look up Vance at Atlanta Auction Gallery. I have a merchant cash advance "loan" with Headway Capital. Since February 2024, I have been paying weekly to MCA Resolve to satisfy their retainer of $25K, and during that time Headway hasn't filed any legal action against me. Coincidentally, that retainer was satisfied a few weeks ago and now MCA is starting to "negotiate" with Headway Capital. My original debt was $84K and Headway is willing to settle for $66K right now but after I add back MCA's retainer, I will be paying back $91K! So they are literally costing me an additional $7K. My advice is to wait and try to negotiate with the lender directly. Hire a lawyer only if the lender files a suit against you. I could have got a lawyer in NYC to fight this for less than $5000.00. It is a racket.