RTR Recovery LLC: The MCA Collections Firm in New York, What It Does, and What to Do If It Contacts You
RTR Recovery, LLC describes itself as the preeminent merchant cash advance collections firm in New York City, working for funders large and small. It is a collector and a collection law practice, not a lender: it does not advance money, and the factor rate and balance on your account come from the funder's agreement. In its own words it employs aggressive, tenacious collectors, serves bank garnishments, UCC liens, and liens on credit card processors, and helps funders get their contracts and confessions of judgment up to par. The BBB lists it as a collection attorney, rated A+ and not accredited, with no complaints on file.
Who is RTR Recovery LLC?
RTR Recovery, LLC is a New York City firm at 370 Lexington Avenue (its website) and 122 East 42nd Street, Room 2112 (its BBB profile), led by attorney Douglas Robinson. The BBB categorises it as a collection attorney, opened its file on March 21, 2018, rates it A+, and shows no complaints. It is not BBB accredited. The firm's site claims over 50 years of combined experience in the MCA and collections industries and hundreds of millions collected.
Its client is the funder. The site is written to funders: it promises to treat their defaults as its own, to review the defaulted merchant's receivables in depth, to use in-house counsel to guide collection strategy, and to use a nationwide network of commercial collection law firms to domesticate judgments and garnish non-national banks. That last item matters if your business banks outside New York: a New York judgment can be registered in your state and enforced there.
What RTR is not: a funder. An earlier version of this page used a funder template and discussed RTR's factor rates and reconciliation clause. RTR has neither; those terms belong to whichever funder placed your account.
Why RTR Recovery is contacting you
Because a funder placed your defaulted account with it. The firm's own description of what happens next is specific: contact from collectors until the merchant pays, bank garnishments, UCC liens, and liens on credit card processors. A processor lien means a notice to Square, Stripe, or whoever processes your cards, asserting the funder's security interest in your receivables and asking them to turn over funds. It can freeze a processing account without a lawsuit if your agreement granted that security interest.
RTR also says it works with funders to get their contracts and confessions of judgment up to par. Since 2019 New York courts will not enter a confession of judgment against a non-New York business, so the practical effect depends on your state and your agreement, but expect any confession you signed to be used wherever it can be.
What to establish from your own paperwork
- Which funder placed the account. RTR collects for many. The agreement with that funder governs the balance, the guaranty, and the security interest.
- Purchase price versus purchased amount, and what has been paid. Bank statements for every debit.
- The security interest and UCC clause. This is what makes a processor lien or a UCC filing possible. Know whether you signed it.
- Personal guaranty and confession of judgment. A guaranty lets the funder pursue you personally; a confession of judgment can shortcut the lawsuit in states that still enforce them.
- Whether a suit or a judgment already exists. RTR domesticates judgments nationwide. Search your state's court records and New York's under the funder's name, not RTR's.
If a lawsuit or judgment exists
If you have been served, answer before the deadline, usually 20 to 30 days from service. If a judgment already exists, the question becomes whether it was properly obtained (service, the funder's proof of funding, a confession of judgment entered where it should not have been) and whether it can be vacated or negotiated. Bank garnishment is the enforcement step RTR names first, so a judgment you learn about from your bank is not unusual. See what to do when RTR Recovery sues.
Can a balance RTR is collecting be settled?
Often. RTR describes its staff as MCA debt collectors and work-out specialists, and a work-out is a negotiated resolution. The funder decides what to accept; the room is the gap between the contracted balance with fees and the cash actually advanced, weighed against the funder's cost of enforcement. It narrows sharply once a processor lien or bank garnishment is already producing money. See how a balance RTR Recovery is collecting can be settled and how MCA debt relief works.
Business Debt Adjusters reviews the agreement, the debit history, and any notices, liens or filings, and tells you what is realistic before you commit to anything.
Frequently Asked Questions
Is RTR Recovery a merchant cash advance company?
No. RTR Recovery, LLC is a New York City collections firm that works for merchant cash advance funders. It does not advance money. The BBB lists it as a collection attorney; its principal is attorney Douglas Robinson.
Is RTR Recovery legitimate?
Yes. It has a BBB file open since March 2018, an A+ BBB rating, no complaints on the profile, and a public website describing its services to funders. It is not BBB accredited, which simply means it has not applied.
Can RTR Recovery freeze my merchant account or garnish my bank?
Its website lists bank garnishments, UCC liens, and liens on credit card processors as services. A processor lien relies on the security interest in your funding agreement and can happen without a lawsuit; a bank garnishment normally follows a judgment, including a New York judgment domesticated in your state.
Does RTR Recovery use confessions of judgment?
It says it helps funders get their contracts and confessions of judgment up to par. New York courts stopped entering confessions of judgment against out-of-state businesses in 2019, but a confession you signed may still be usable in other states. Check your agreement.
Will RTR Recovery settle for less than the balance?
The firm describes its staff as MCA debt collectors and work-out specialists, and settlements are negotiated with the funder it represents. Outcomes depend on the agreement, the paperwork, and how early you engage.
What should I do if RTR Recovery contacts me?
Identify the funder and the agreement, pull bank statements for every debit, check court records in New York and your state for a suit or judgment, and get the paperwork reviewed before agreeing to any number.
Sources
- BBB Business Profile: RTR Recovery, LLC., New York, NY
- RTR Recovery LLC company website
- RTR Recovery LLC: About
Facts on this page were checked against the linked sources on September 23, 2026. Business Debt Adjusters is not affiliated with, endorsed by, or authorized to represent the company described.
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