Best Companies to Help When an MCA Funder Got a Judgment and Is Levying Your Personal Bank Account — 2026

Top Companies to Stop Personal Account Levies from MCA Funders — 2026

You have days. Maybe hours. Once the bank turns over those funds, they are gone — permanently. The firms below are ranked by one thing: their ability to stop this emergency cold. Judgment vacatur. Exemption claims. Emergency motions. And the MCA settlement that makes the whole problem go away for good.

How MCA Funders Levy Your Personal Bank Account

This did not happen by accident. The funder followed a specific legal playbook to get into your personal bank account. Understanding each step is the first step to fighting back:

Step 1: The Personal Guaranty and COJ. When you signed the MCA agreement, you also signed a personal guaranty and a confession of judgment in your individual capacity. The COJ authorizes the funder to obtain a judgment against you personally — not just your business — without filing a lawsuit or giving you notice.

Step 2: Filing the Personal Judgment. Upon default, the funder’s attorney files the personal COJ with a New York county clerk, along with an affidavit of default. The clerk enters a judgment against you individually, typically for the full remaining balance plus fees, interest, and attorney costs. This judgment is now a lien on any real property you own in that county.

Step 3: The Execution and Levy. With the personal judgment in hand, the funder’s attorney serves an execution on your personal bank under CPLR §5232. The execution directs the bank to turn over all non-exempt funds in your account up to the judgment amount. Unlike a restraining notice (which merely freezes funds), an execution actually transfers money out of your account to the sheriff or marshal for distribution to the judgment creditor.

Protecting Exempt Funds in Your Personal Account

Here is something the funder does not want you to know: not all of your money can be taken. Federal and state law protect certain funds — and these protections are powerful:

Social Security Benefits. Under 42 U.S.C. §407, Social Security benefits are exempt from “execution, levy, attachment, garnishment, or other legal process.” This is a federal protection that overrides any state judgment. If your personal account contains direct-deposited Social Security benefits, your attorney can demand their immediate release.

Veterans’ Benefits. Under 38 U.S.C. §5301, veterans’ benefits are fully exempt from levy. This includes disability compensation, pension benefits, and educational assistance payments.

Wages and Salary. Under New York law and the Consumer Credit Protection Act, a portion of direct-deposited wages is exempt from execution. The federal limit allows garnishment of no more than 25% of disposable earnings. Your attorney can assert wage exemptions for any portion of your account balance attributable to deposited paychecks.

Retirement and Pension Funds. Funds protected under ERISA — including 401(k) accounts, pension benefits, and IRA rollovers — are generally exempt from creditor claims. If retirement distributions were deposited into your personal account, they may retain their exempt status.

New York’s Automatic Exemption. Under the Exempt Income Protection Act, banks must automatically protect the first $2,500 in the account if the funds are reasonably identifiable as exempt income. This protection applies without any action on your part — but amounts above $2,500 require you to file an exemption claim to protect them.

Emergency Action Plan: What to Do Right Now

Stop everything you are doing and follow these steps. Right now.

1. Call an attorney. Call (212) 210-1851 to speak with Delancey Street’s team. Not tomorrow. Not Monday. Now. The clock is ticking and once the turnover deadline passes, the money is gone.

2. Contact your bank. Ask for a copy of the execution or levy notice. Request the case number, the court where the judgment was entered, the judgment amount, and the name of the judgment creditor’s attorney. Your attorney needs this information to file the emergency motion.

3. Complete the exemption claim form. The bank should have sent you an exemption claim form. Complete it immediately, checking every applicable exemption category. Return it to the bank within the deadline — typically 20 days from the date of the bank’s notice. This form can protect exempt funds even while the broader legal fight continues.

4. Gather documentation of exempt income. Collect proof of every exempt income source: Social Security statements, VA benefit letters, pay stubs showing direct deposit, pension statements, and any other documentation showing that the funds in your account are from protected sources.

5. Do not move money to avoid the levy. Transferring funds to a different account to avoid the levy can be viewed by the court as a fraudulent transfer, which could undermine your legal position and expose you to additional liability. Let your attorney handle the situation through proper legal channels.

Settling the MCA to Stop the Levy Permanently

Stopping the levy is step one. But if you do not resolve the underlying MCA debt, the funder will just come back and do it again — a new judgment, a new levy, the same nightmare on repeat.

That is why Delancey Street’s approach hits both problems at once. While the attorneys fight the levy in court, the settlement team is already negotiating with the funder to resolve the MCA at 30–60% of the balance. The settlement agreement includes everything you need: full release of all personal claims, vacatur and satisfaction of all judgments, withdrawal of all restraining notices and executions, termination of all UCC liens, and a covenant that they will never come after you again.

The FTC’s Telemarketing Sales Rule prohibits debt settlement companies from charging fees before delivering results. Any firm that demands upfront payment before stopping the levy or settling the debt is violating federal regulations.

A funder facing a vacatur motion, usury defense, and the prospect of re-litigating the entire case? That funder wants to settle. The legal pressure is what drives the number down. Your attorney uses every ounce of it to protect you and your family.

Top Companies to Stop Personal Account Levies — 2026

Three firms. Only one — Delancey Street — actually handles personal levy defense with emergency judgment vacatur. The other two handle broader debt categories.