At the Law Offices of Anthony Rumore, P.A. We are client and solution oriented, not problem oriented. We focus on resolving the legal matters and problems of every one of our clients.
For us, sharing the precise nature of the legal issues with the client is just the beginning of the problem resolution process. We are determined to present our clients concrete and realistic solutions for their problems.
Contact Info
515 SW 1st Avenue, Fort Lauderdale, FL 33301
954-942-2414
Rumore Law Articles & News
Beware of low cost debt consolidation and cheap legal services
Choosing the right professional to resolve a serious business debt problem. When a business owner faces a legal matter or a delinquent debt, one of the most important early decisions is choosing the right professional to help resolve it.
The real question is how to avoid hiring the wrong lawyer or a weak debt-consolidation service that ends up making matters far worse. ( Read More )
What to expect and how to contend with the high-pressure and aggressive collection tactics used in Merchant Cash Advance lending.
This article is intended to give Merchant Cash Advance ("MCA") borrowers and anyone considering an MCA as a quick source of operating capital insight into how these creditors operate. ( Read More )
Merchant cash advance default and options for buisness owners
Key considerations for any business owner who may default on merchant cash advance debt.
Default typically arises in one of two ways. In the first, a borrower who has been making daily or weekly payments begins to bounce them as cash flow worsens and funds run short. In the second, the borrower deliberately blocks the creditor's ACH access to the business bank account because the recurring payments are no longer affordable. ( Read More )
MCA Collection Pressure - THE UCC 9-406 Lien Demand
How merchant cash advance creditors weaponize UCC 9-406 lien demand notices and how to fight back.
One of the most effective tools an MCA lender uses to pressure a borrower is the UCC lien demand notice. These are private collection letters written by the creditor's attorneys or collection agencies and citing Uniform Commercial Code Section 9-406 sent to a borrower's vendors, customers, and card processors. ( Read More )
Negotiating Business Debt Settlement Part 1
Florida Governor Rick Scott recently signed off on Senate Bill 220, a new law addressing the property rights of defendants pertaining to bankruptcy and foreclosure proceedings. DS News spoke to representatives from several Florida-based Legal
League 100 law firms to get the inside scoop on what Senate Bill 220 means for the industry. During the foreclosure process, debtors will sometimes ( Read More )
Negotiating Business Debt Settlement Part 2
Settlement negotiation strategies after identifying your risk exposure. Once we have assessed a business's vulnerability to UCC lien disruption, we can decide how to negotiate.
If the client relies on insurance payors who will withhold funds upon receiving a lien demand letter or on commercial customers who might hold receivables in suspense, we negotiate aggressively and quickly to reach a settlement that restructures the debt and lets the client keep operating without further disruption. ( Read More )