Workspace Provider MCA Debt Relief Success Story

Item: Coastal Debt Resolve
Rating: 5
Author: IMS Executive Suites, Inc.

“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:

“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 Chellenge

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 and over 500 successful cases, 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

View Settlement Document

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

Thanks for contacting us

Oops! Something went wrong while submitting the form.

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.