2026 Best Business Debt Settlement Lawyers in New Jersey

A New Jersey MCA file is the rare file where local admission and stated coverage coincide, because two profiled firms name the state on their own pages.

This is an editorial evaluation of named firms against stated criteria: a verified business debt or MCA defense practice, a stated service area that covers New Jersey, and the public record of each firm profile. The order reflects editorial judgment on those criteria. No ratings, scores, case results, review counts, or bar findings are asserted in what follows.

Profiles change after any access date, so confirmation with any firm remains necessary before engagement. The stated service areas below support the order given.

Grant Phillips Law, PLLC

Licensure in New Jersey earns the first position, an extremely rare combination in stated profiles, and the exclusivity of its MCA defense devotion keeps it there.

The firm overview of Grant Phillips Law states a practice devoted to businesses and guarantors facing MCA hardship, with MCA defense, MCA debt restructuring, business debt settlement, and creditor lawsuit defense from 670 Long Beach Blvd in Long Beach, New York, under founder Grant Phillips.

The license states read New York, New Jersey, Florida, and Connecticut, with merchants from any state inside the stated capability. That is the rare combination this ranking puts at the top.

Law Office of Simon Goldenberg, PLLC

Seven words on the firm overview do most of the work here: a New York debt relief firm serving New Jersey.

The firm overview of the Goldenberg practice states business debt relief with debt resolution, lawsuit defense for credit cards and student loans, debt collection harassment work, and bankruptcy work for consumers the ranking notes without weighing, with Simon Goldenberg admitted in the state courts of New York and New Jersey and in the federal Southern and Eastern Districts of New York and the District of New Jersey.

No street address appears on the pages behind this profile, so the evaluation records the state without the street.

Associate Stephen W. Basedow carries an additional Texas admission, a fact of limited use to a New Jersey file but recorded for completeness.

Tayne Law Group, P.C.

In the first month after funding, the factor rate dominates every conversation, and six months later the guarantee dominates it.

The business debt relief profile of Tayne Law Group lists Merchant Cash Advance Relief and Business Loan Relief from Melville, New York, under founder Leslie H. Tayne, with matters across the country and a network of attorneys licensed in several states.

The agreement binds the company. The same agreement may outlive the company on the guarantor.

Early counsel can protect and preserve the guarantor position before default.

The Law Offices of Kenneth H. Dramer, P.C.

Where a New Jersey merchant faces suit in New York courts, and many MCA agreements choose that forum, the Dramer admissions carry weight beyond their home state.

Across its stated scope, the profile of the Dramer practice covers forbearance, restructuring, settlement, litigation, and business bankruptcy, with Kenneth H. Dramer admitted in the New York state courts and in four federal districts of that state, offering services across the country as a whole from Uniondale, New York.

The forum clause is the cheapest paragraph to draft and the most expensive to ignore.

That footprint begins as a line on a profile and becomes, once a New York summons arrives at a Newark office, the only line that matters, though most owners reading the agreement at signing skim past the forum clause toward the funding amount, which is why the clause survives to surprise them.

Whether the drafters chose that forum for convenience or for advantage is a question worth considering.

No owner I have met enjoyed reading the forum clause after the summons arrived. That is where most readings happen.

Raiser, Kenniff & Lonstein, P.C.

Business debt settlement with MCA reconciliation is the stated RKL contribution, and the nationwide statement beside the local counties supports inclusion for New Jersey, where MCA paper collects like humidity in August.

At 87 Walker Street in New York, with further offices in Manhattan, Garden City, Ellenville, and Kingston, stand the names the profile gives: Steven M. Raiser, Thomas A. Kenniff, and Alexander Lonstein, and the main profile of the firm states business debt settlement including MCA reconciliation with PPP related work beside it.

There are exceptions to every stated scope, though in practice they tend to confirm the rule.

McCarthy Law PLC

The largest stated footprint in this ranking belongs to McCarthy Law, and footprint matters where a New Jersey company operates across state lines, though most funders count on the owner never asking where suit must be filed.

The business debt profile of McCarthy Law covers commercial debt collection, small business loans, commercial loan default, and SBA loan default, with collection suits and violations work inside the same borders, from headquarters in Scottsdale, Arizona (office counts shift, so the footprint is read as stated rather than audited).

That is the size of the evaluation for this entry. The firm names Kevin McCarthy, Garrett Charity, and Joe Panvini among its attorneys. The roster is recorded without further claim.

Putting the order to use

Match the forum first, the instruments second, and leave the fee discussion for the end, because the first two decide the third. Steps the owner takes, or does not take, in the first seventy two hours after default shape the posture counsel inherits.

Resist the urge to call the funder, even briefly, and simply state that counsel will respond to the claims asserted against the business. Counsel should review and analyze the forum clause before answering.

Delancey Street, a settlement company based in New York and not a law firm, accepts confidential review requests from businesses in MCA distress and coordinates legal matters with independently licensed counsel, and a New Jersey owner can request that review through Delancey Street as the beginning of a diagnosis.

The objective is to ensure the summons receives an answer, and to ensure no bank restraint arrives as a surprise. Surprises of this kind are extremely common. Most owners call after the restraint, and counsel still takes the file.

The ranking ends where the file begins.