Fair Debt Collection Practices Act

June 30th, 2017

If you are a consumer who has debt, you probably find the pestering and harassment of debt collectors to be an unnecessary mental burden. Debt itself is a problem, but moreover debt collectors can bring to you excessive stress. This is not healthy for you as an individual. You might become less productive in your […]


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Debt Collection Regulations in New York

June 30th, 2017

Consumers under the auspices of debt collection regulations in New York As a consumer, you might find the pestering activities of debt collectors overwhelming. Fortunately, there exist protective debt collection regulations in New York. New regulations, in addition to prior existing ones, were introduced in 2015. These regulations pertain to combatting constant inquiries of “zombie […]


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Merchant Cash Advance Future Regulations

June 28th, 2017

The Issue With MCAs Providing Capital Merchant cash advance (MCA) businesses are prone to potential future regulations. Merchant cash advance businesses produce relatively low defaults, with industry experts putting the percentage of defaults at around 15%. Even though, it is considered that 15% to be low for the MCA industry, a major issue might arise when […]


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Four Biggest Merchant Cash Advance Legal Issues to Avoid

June 28th, 2017

A merchant cash advance (MCA) is becoming a more appealing alternative to traditional loans acquired from banking institutions for businesses in need of capital. MCA companies provide businesses with forwardly accessible credit in exchange for daily payments that usually last for a few months. The growing interest in the MCA industry, by small and medium sized […]


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Creditor Lawsuits

May 9th, 2017

How to Deal with Creditor Lawsuits There will be a point when a creditor or debt collector may sue you if you have unpaid debt. If you have income or assets then the creditor may sue you to get a judgment. Do not panic if you are served with a debt collection lawsuit.  Call our experienced […]


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Getting a Small Business Loan After Bankruptcy

May 1st, 2017

Getting a small business loan after filing business bankruptcy Although it may difficult to obtain a small business loan after bankruptcy, but it is not impossible.  Your bankruptcy discharge has wiped out all your unsecured debt and you are not eligible  file for bankruptcy within a certain number of years. As such, you may be […]


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Merchant Cash Advances Subject to Scrutiny by the Bankruptcy Court for the District of New Jersey

April 14th, 2017

The New Jersey bankruptcy trustee overseeing the complaint for Lam Cloud Management, LLC in the United States Bankruptcy Court for the District of New Jersey argued two small business financing models: (i) merchant cash advances (“MCAs”); and (ii) small business loans originated under bank partnerships.  Our experts at ZocLaw.com discuss allegations pertaining to Merchant Cash Advance involving […]


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File Chapter 13 Bankruptcy Online: Foreclosure

January 9th, 2017

If you file a Chapter 13 bankruptcy online, your bankruptcy filing will not affect your mortgage, nor will you lose any property provided that you are still able to make your mortgage payments in full and on time. If you are in dire financial distress and have received a notice of foreclosure from your lender, […]


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Chapter 7 Bankruptcy Means Test

December 23rd, 2016

The bankruptcy “means test” determines whether your income level meets the threshold to file a Chapter 7 bankruptcy. Chapter 7 bankruptcy is designed for low income earners. As such, the bankruptcy means test designed to keep filers with higher incomes from filing for Chapter 7 bankruptcy. Debtors whose income is too high to file a […]


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Filing Bankruptcy Again

December 20th, 2016

Are you thinking about filing bankruptcy again? You may be wondering how soon you can file if you have filed for bankruptcy in the past. In today’s article, our bankruptcy experts at ZocLaw.com discuss time limitations for receiving a bankruptcy discharge after you have previously filed for, and have been granted a discharge. Filing Bankruptcy […]


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