Feldman Law Firm (2026): LCF Group's MCA Collection Attorney, and What Business Owners Can Do
If you got served papers and the plaintiff reads "The LCF Group, Inc. f/k/a Last Chance Funding, Inc.," the attorney filing that action is likely Adam J. Feldman of The Feldman Law Firm, P.C. Court records from Nassau County Supreme Court and the U.S. District Court for the Eastern District of New York confirm Feldman as LCF Group's primary outside collection counsel across multiple cases going back to at least 2021. This page explains who the Feldman Law Firm is, what they're doing in your case, and what options you actually have.
Business Debt Adjusters is not a law firm and this is not legal advice. If you've been served, the clock on your response window starts immediately, typically 20 to 30 days for a civil complaint. What you do in those first days matters.
Who is the Feldman Law Firm?
The Feldman Law Firm, P.C. is a New York-based debt collection and commercial litigation practice run by Adam J. Feldman. Feldman is barred in New York (admitted 1996), New Jersey (1995), and Washington D.C. (inactive). His firm is listed at 19 West 34th Street, Suite 914, New York, NY 10001, with an additional office in Mineola, NY. He received his J.D. from Benjamin N. Cardozo School of Law in 1995.
Debt collection accounts for roughly 40% of the firm's stated practice according to public bar profiles, with commercial real estate and landlord-tenant matters making up most of the rest. The Feldman Law Firm isn't a white-shoe litigation shop. It's a high-volume collection practice, and LCF Group is, according to court filings, a core client.
Court records show Adam Feldman began filing confessions of judgment in New York courts on behalf of LCF Group after joining as outside counsel around 2017. A 2026 petition filed by the New York Attorney General references LCF Group's collection practices during this period, noting the firm filed arbitrations through an external platform at a volume that represented the majority of that platform's caseload between 2020 and 2023. The Feldman Law Firm is named as plaintiff's counsel in multiple publicly accessible filings, including LCF Group, Inc. v. Columbia Steel, Inc. et al (EDNY, 2:23-cv-07983), LCF Group v. Grit Guns and Ammo LLC (EDNY, 2:23-cv-02769), and LCF Group v. Laverty Enterprises LLC (Nassau County Supreme Court, filed August 2021).
What the Feldman Law Firm actually does for LCF Group
LCF Group (formally The LCF Group, Inc., formerly Last Chance Funding, Inc.) is a merchant cash advance funder based in New York. LCF Group has a track record of filing volume suits in Nassau County when merchants default on their MCA agreements. The Feldman Law Firm is the vehicle that files those suits.
Here's what that typically looks like in practice, based on court records:
- LCF Group obtains an arbitration award or a confession of judgment through the MCA agreement's dispute resolution clause.
- The Feldman Law Firm files to enforce that award or judgment in state or federal court.
- Once a judgment is entered, LCF Group can pursue post-judgment collection: bank levies, receivables restraints, and in some cases asset seizure. That process moves fast.
Confessions of judgment, in particular, move fast. New York allows them to be processed within roughly 48 hours of default without advance notice to the defendant. By the time many business owners realize a judgment exists, collection is already in motion.
The Feldman Law Firm isn't there to negotiate with you. Their job is to convert LCF's claim into a court judgment and then collect on it. That's a normal and legal function of a collection attorney. Understanding that is step one.
What BDA does instead
Business Debt Adjusters operates on the other side of this problem. We're a settlement firm, not a law firm. We don't file court papers, we don't represent you in litigation, and we don't give legal advice. What we do is negotiate directly with MCA funders, including LCF Group, to reach a structured settlement that the business can actually survive.
That typically involves four steps: stabilizing ACH withdrawals where possible, reviewing the original MCA documentation, initiating direct creditor outreach, and exchanging written term sheets. For LCF Group specifically, because they tend to operate in stacked advance situations alongside other MCA providers, the negotiation usually has to account for multiple funders at once. Settling with LCF in isolation while ignoring two other active advances doesn't work. BDA handles that coordination.
Settlement doesn't erase a lawsuit. But in many cases, reaching a workable settlement with the funder stops the need for further litigation, because the dispute is resolved. If a judgment is already entered, that's a different situation. See the next section.
When you need an actual attorney, and when settlement is probably the better first call
This is the honest split, and it matters. We're not going to tell you to call BDA when what you actually need is a lawyer.
Lean toward an attorney when:
- A final judgment has already been entered and collection has started (bank account frozen, receivables blocked).
- The MCA agreement contains terms you believe are unlawful and you want to challenge the underlying contract.
- You're facing criminal exposure alongside the civil collection action.
- LCF has sued multiple related entities and you need coordinated legal defense across them.
Settlement is usually the more sensible first call when:
- You're behind on payments but haven't been served yet. You still have positioning.
- You've been served but no judgment has been entered and there's room to reach the funder directly.
- You're carrying multiple MCA advances from different funders, not just LCF. A coordinated negotiation is faster and cheaper than parallel lawsuits.
- Your business is still operating and you want to keep it that way, rather than run a scorched-earth legal strategy.
The two paths aren't mutually exclusive. Some owners work with a commercial attorney and a settlement firm simultaneously. The attorney handles the court docket; BDA handles the economic negotiation with the funder. That combination exists and makes sense in certain situations.
A blunt word on cost
MCA defense attorneys typically charge $300 to $500 an hour for commercial litigation work in New York. A contested MCA case, from answer through motion practice, can run $15,000 to $40,000 in legal fees before you get to trial. That's before any settlement payment to LCF Group.
BDA works on a negotiated fee structure tied to resolution. We don't bill by the hour. For most business owners who haven't hit a final judgment yet, the economics of settlement are significantly better than the economics of litigation.
That said, don't let cost alone drive you to the wrong path. If you need a lawyer, you need a lawyer. A $400/hour attorney who gets a contested COJ vacated may save you more than a settlement firm who negotiates a 60-cent-on-the-dollar deal. The right call depends on where your case actually is.
Why owners dealing with the Feldman Law Firm call BDA first
In 11 years of working MCA situations, Business Debt Adjusters has resolved over $500 million in commercial debt. Our team has handled cases involving LCF Group across multiple states, in stacked advance structures, and at various stages: pre-suit, post-suit, and post-judgment. We hold a 4.7-star rating across 243 Google reviews.
Owners call us first because we can usually tell them within the first conversation whether settlement is realistic in their situation. That costs nothing. If it's not realistic, we'll tell you that too, and point you toward what is.
The Feldman Law Firm filed a case. That's not the end. Most LCF collection actions, including cases where Feldman is counsel, resolve through negotiation before they reach trial. The question is who's on your side of the table.
Book a free consultation with BDA here.
Frequently asked questions about the Feldman Law Firm and LCF Group suits
I was served by the Feldman Law Firm on behalf of LCF Group. How much time do I have to respond?
In New York civil court, you generally have 20 to 30 days from the date of service to file an answer, depending on how service was made. Missing that window typically results in a default judgment, which gives LCF Group the ability to move immediately to collect. If you've been served, treat the deadline as real. Don't wait to see what happens.
What is a confession of judgment, and does it mean I've already lost?
A confession of judgment (COJ) is a provision in most MCA agreements that lets the funder enter a judgment against you in New York courts without advance notice or a trial. If LCF Group has already processed a COJ through the Feldman Law Firm, a judgment may already exist. New York law does have mechanisms to vacate a COJ, but they require prompt legal action and specific grounds. This is one of the clearest situations where you need an attorney, not just a settlement firm (though the two approaches can run in parallel).
Does the Feldman Law Firm ever negotiate, or does everything go to court?
Court records show that multiple LCF Group cases filed by the Feldman Law Firm resolved through stipulations of discontinuance, meaning the cases were dropped after settlement between the parties. The Grit Guns and Ammo case (EDNY, 2:23-cv-02769), for example, was dismissed following a stipulation of discontinuance with prejudice filed July 31, 2023. Litigation does not always mean the dispute goes to trial. Most collection suits settle.
Is LCF Group the same as Last Chance Funding?
Yes. The LCF Group, Inc. operates under and formerly operated as Last Chance Funding, Inc. Court filings routinely list the plaintiff as "The LCF Group, Inc. f/k/a Last Chance Funding, Inc." They're the same entity. BDA's page on Last Chance Funding covers that funder's collection patterns in more detail.
Can BDA help if the Feldman Law Firm has already filed suit?
In many cases, yes. A filed lawsuit doesn't close the door to negotiated settlement. It changes the timeline and adds pressure, but the door is open. BDA has worked cases where LCF Group had already filed, and reached resolution without the case going further. The key variable is whether a final judgment has been entered and whether collection has already started. If it has, you probably need an attorney handling the legal side before or alongside any settlement track. Call us and we'll tell you honestly where you stand. We don't take cases we can't help with.
If you've been served by the Feldman Law Firm on a case filed by LCF Group, the next step is a free consultation. BDA can review your MCA agreement, assess where the case stands, and tell you whether settlement is a realistic path in your situation. No commitment, no fee for the call.
