Workspace Provider MCA Debt Relief Success Story

“When I talked to Coastal Debt Resolve on the phone, I liked the way they came across. They told me step by step what to expect. So, there were no surprises and they honored everything they told me.”
~ Thomas Gipson

Results Snapshot

Debt Reduction Achieved:
40%

$1,790.38

/Week

Previous MCA Payments

$868.21

/Week

New Restructured MCA Payments

$922.17

Weekly Savings
$78,776.72
Total Original Debt
$47,300
Settlement Amount
$31,476.72
Saved
12+ Months
Time In Program:

Information About the Results Snapshot

The figures shown reflect the individual client experience described on this page and are based on client-reported information, applicable program records, and the settlement terms included in the calculation.

 

For purposes of the Results Snapshot:

 

  • “Previous MCA Payments” means the client-reported aggregate weekly MCA payments or withdrawals before enrollment.
  • “New Restructured MCA Payments” means the client’s scheduled weekly contribution to the Coastal Debt Resolve program. It is not necessarily a payment made directly to creditors and may include Coastal Debt Resolve fees, authorized third-party fees, and funds intended for settlements.
  • “Weekly Savings” means the difference in scheduled weekly cash outflow between the client-reported prior MCA payments and the weekly program contribution. It does not represent net economic savings.
  • “Total Original Debt” means the asserted balance or balances included in the settlement calculation and may exclude other enrolled, withdrawn, excluded, or unresolved obligations.
  • “Settlement Amount” means the amount or amounts paid or payable under the negotiated settlement arrangements included in the calculation.
  • “Saved” means the gross difference between the asserted balances and negotiated settlement amounts. It does not represent net savings after Coastal Debt Resolve fees, authorized third-party fees, taxes, or other costs. If payments remain ongoing, the reduction is contingent upon timely completion of the applicable settlement terms.
  • “Time in Program” means the period from enrollment through the date of the Results Snapshot and does not necessarily mean that the program or every enrolled obligation has been completed.

 

This testimonial reflects an individual business experience. Results vary based on individual circumstances and creditor participation, and outcomes are not guaranteed

“When you’re in a financial situation where you’re getting threatened with lawsuits, you look for some sort of support mechanism. And Coastal Debt Resolve is giving me the support I need.”
Thomas Gipson

How

IMS Executive Suites, Inc.

Succeeded

The Challenge

An MCA lender had filed a lawsuit in the Superior Court of California (Los Angeles County) against IMS Executive Suites, Inc., aggressively pursuing a judgment for $78,776.72. With litigation pending and their financial stability at risk, the client needed an immediate strategy to resolve the claim and protect the business.

Meet the team

Debt Reduction Achieved:
40%
Nathan Mor
Settlement Advisor Spotlight

With eight years of experience, Nathan Mor has encountered virtually every MCA debt scenario imaginable. He leverages this deep industry knowledge to quickly assess your unique situation and engineer the best possible path to relief.

“For me, the ultimate reward is seeing a business owner regain control of their operations and chart a clear path toward financial freedom.” ~ Nathan Mor

Account Manager Spotlight

Few financial professionals understand the strategic power of MCA debt relief better than Kristel. With years of specialized experience and countless success stories, she has mastered the complexities of the industry and is the ideal advocate to have in your corner.

“I support real people with real dreams. I love that. We give them room to breathe, to rebuild, and to focus on what they do best. It’s incredibly rewarding.” ~ Ann Kristel Pierre-Pierre

Ann Kristel Pierre-Pierre
Proof

Settlement Documents

40%
Savings
Debt:
$78,776.72
Paid
$47,300
a document with black text

Information About the Settlement Results

“Debt” means the asserted balance or balances included in the calculation. “Paid” means amounts paid or payable under the applicable settlement arrangements and does not necessarily mean that all settlement payments have been completed. “Savings” means the gross difference between those amounts, not net savings after Coastal Debt Resolve fees, authorized third-party fees, taxes, or other costs. If payments remain ongoing, the stated reduction is contingent upon timely completion of the applicable settlement terms.Coastal Debt Resolve is not a law firm and does not provide legal, financial, or professional advice. Services are provided exclusively to businesses, not consumer or personal debt relief. Debt-resolution outcomes are not guaranteed.

Start resolving your MCA debt today with your own dedicated team!

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Frequently asked questions

How quickly can Coastal Debt reduce my MCA payments and free up cash flow?
Our debt relief process is designed for efficiency. Once you enroll in our program, you can typically see a reduction in your MCA payments and an improvement in cash flow within the first 30 to 60 days.
Is debt relief an option if I operate as an owner-operator vs. managing a fleet?
Yes, debt relief is available for both owner-operators and fleet managers. Whether you’re an independent trucker or you run a fleet, we customize our approach to fit your business structure. We understand that owner-operators face unique challenges compared to larger fleets, so our solutions are tailored to provide the financial flexibility you need based on your specific operating expenses and debt load.
What are the costs associated with MCA debt relief services?
Costs can vary, typically including service fees or a percentage of the debt savings, but they should be discussed and agreed upon with the service provider upfront.
How long does it take to settle MCA debt?
It usually takes between six to eighteen months to settle MCA debt, depending on the debt amount and the negotiation process.