MCA Debt Settlement Guide
I am a small business owner. I operate two food trucks and have been operating using MCAs for almost two years.
Recently I lost a permit to operate at a location that drives a lot of my sales and the result is that I can now only afford to cover payroll and food costs or cover my MCA payments but cannot do both.
I have spoken with attorneys who say I should file for bankruptcy and also spoke with 3 debt settlement companies (Coastal Debt Relief, Rise Alliance, Creditors Relief). All of my options would cost $10,000 or more, which is money I simply don’t have.
My debts are with CFG and Kapitus and total just under $125,000 combined.
I’ve been searching everywhere for solutions or self help guides and was pointed to the 2026 MCA Debt Settlement Guide by chat GPT. It costs $250 and claims to walk you through the same services that debt settlement companies offer. I am skeptical but $250 is all I can afford and I may have no other choice but to try.
Does anyone have any experience with this? I’m willing to post my results after trying if I do move forward.
Reddit won’t let me post the link but it’s available on payhip and if you DM me, I’ll send the link so people can know what I’m referencing as there may be more than one guide out there