Cobalt Funding Solutions
MCA Review
Is Cobalt Funding Solutions a Legal MCA or an Illegal Disguised Loan?
We Listen • We Fight • You Win
Is Cobalt Funding Solutions' MCA Agreement Legal?
Our firm has identified several RED FLAGS in Cobalt Funding Solutions LLC agreements that may indicate their products are not true merchant cash advances, but rather disguised high-cost loans.
Our attorneys have reviewed Cobalt Funding Solutions contracts. If Cobalt has filed a Confession of Judgment against you, frozen your bank accounts, placed UCC liens on your receivables, or enforced a personal guarantee, you need legal defense immediately.
Grant Phillips Law has successfully litigated over 600 MCA and fintech lending cases and provides nationwide representation to businesses just like yours.
Cobalt Funding Solutions LLC's
Red Flags Identified
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Confession of Judgment Filings
Cobalt Funding Solutions files COJs in New York courts upon default, bypassing normal legal process to obtain immediate judgments that freeze accounts before business owners can respond. -
Bank Account Freezes
COJ-based judgments allow Cobalt to freeze business and personal bank accounts immediately upon default, halting all operations without any prior warning or notice to the business owner. -
UCC Liens on All Receivables
Blanket UCC-1 filings are placed against all business receivables at funding, blocking access to outside capital and trapping merchants inside Cobalt's debt position. -
High Factor Rate Deception
Factor rates are presented without APR disclosure, masking true annualized borrowing costs that can far exceed what business owners understand or expect when signing agreements. -
Personal Guarantee Enforcement
Personal guarantees are aggressively enforced upon default, exposing business owners to personal liability, credit damage, and collection lawsuits beyond the business entity itself.
How Cobalt Funding Solutions Operates
Confession of Judgment
Cobalt Funding Solutions files COJs in New York courts upon default, bypassing legal process and obtaining immediate judgments that freeze accounts and seize assets before owners can respond.
Bank Account Seizure
COJ judgments enable Cobalt to immediately freeze and seize funds from business and personal bank accounts, halting all operations without any prior court hearing or notice to the owner.
UCC Liens on Receivables
Blanket UCC-1 liens are filed against all business receivables and assets at funding, making it impossible to access outside financing or refinance while the advance remains outstanding.
Daily ACH Sweeps
Fixed daily ACH debits are pulled from your business account regardless of actual revenue, leaving no flexibility to manage cash flow or defer payments during slow periods or hardship.
Contact Information
Cobalt Funding Solutions LLC
Important: If Cobalt Funding Solutions has contacted you regarding outstanding balances, do not negotiate directly. Contact Grant Phillips Law first for a free legal review of your contract and obligations.
The Solution You Need
We Fight For
Your Business
How We Fight Back
Grant Phillips Law deploys proven legal strategies to protect your business and restore your financial freedom.
Judgment Vacatur
If Cobalt Funding Solutions has filed a Confession of Judgment against your business, we file emergency legal papers to vacate it immediately, stopping account seizures and restoring your funds.
Debt Settlement Solutions
Our attorneys negotiate directly with Cobalt Funding Solutions to reduce your outstanding balance and reach favorable settlements that allow your business to recover and continue operating.
UCC Lien Removal
We challenge and remove unlawful UCC liens placed by Cobalt Funding Solutions on your business receivables and assets, restoring your cash flow and access to legitimate outside financing.
I was drowning in MCA debt with daily debits draining my account. Grant Phillips Law negotiated a settlement I never thought possible. They genuinely care about their clients and fight hard for results. I can't recommend them enough.
— Verified Client • Business Owner • Grant Phillips Law
Get a Free Consultation Today
Don't let Cobalt Funding Solutions destroy what you've worked so hard to build. Call now.
➤ Call (516) 670-5165