The Faskowitz Law Firm: Who They Are and What to Do If They Contact You About an MCA Balance
The Faskowitz Law Firm PLLC is a boutique law firm in Fresh Meadows, Queens, New York, that represents merchant cash advance funders as plaintiff, among other creditor work. It is not a funder and not a lender. The New York court record shows it appearing for Libertas Funding LLC in a suit on two merchant cash advance agreements and personal guarantees (2023) and for Terrapin Business Funding LLC in a 2.8 million dollar breach-of-contract and guaranty action removed to federal court in 2024. An earlier version of this page described The Faskowitz Law Firm as an MCA funder and quoted factor rates for it. That was wrong and has been removed. If this firm is writing to you, a funder has retained it to collect on an advance, and the paperwork behind that advance decides what happens next.
What The Faskowitz Law Firm is
The Faskowitz Law Firm PLLC (faskowitzlaw.com), 61-43 186th Street, Suite 207, Fresh Meadows, New York 11365, the address it gives in its federal court filings; phone (718) 747-8100, fax (718) 744-9777, info@faskowitzlaw.com. The site lists four practice areas: real estate law, debt litigation (described as top tier debt collection and creditor's rights services), estate planning and transactional law. Avi Faskowitz, Esq. is the managing partner (Fordham University School of Law, New York bar), and David Epstein, Esq. is a partner working mainly in real estate (St. John's University School of Law, New York and New Jersey bars). The firm's tagline is small firm dedication, large firm results.
The Better Business Bureau has no profile for the firm as of September 24, 2026 (a search returns only an unrelated Garden City personal injury firm with a similar name). There is no rating, accreditation or complaint file to report.
What it is not: a funder, a lender or a merchant cash advance provider. There is no Faskowitz advance, no factor rate and no reconciliation clause of its own. If our earlier page led you to expect any of those, disregard it.
Where it appears in the court record
The firm's merchant cash advance work is on the public record as counsel for funders suing merchants and guarantors:
- Libertas Funding LLC v. Tempd, Inc. et al. Libertas sued in Supreme Court, Erie County, for breach of two merchant cash advance agreements and the personal guarantees inside them; Faskowitz Law Firm, PLLC (Avi Faskowitz of counsel) appeared for the plaintiff. When the defendants tried to move the case to New York County, Justice Gerald Lebovits denied the motion on October 25, 2023 (index 155717/2023), holding that after the plaintiff's timely venue affidavit the motion had to be made in Erie County. The decision also notes the agreement's clause allowing suit in any court sitting in New York State, which is why upstate counties appear on MCA summonses served on merchants who have never been there.
- Terrapin Business Funding LLC v. Stellar Beach Rentals, LLC et al. A 2.8 million dollar breach-of-contract and guarantor action filed in Supreme Court, Nassau County, and removed by the defendants to the Eastern District of New York on April 22, 2024 (2:24-cv-02981). Avi Faskowitz appeared for Terrapin alongside Weir Greenblatt Pierce LLP. Thirty-seven LLCs, one corporation and one individual were named as defendants. On August 23, 2024 Magistrate Judge James M. Wicks denied Terrapin's motion to keep the identities of its own members sealed. A suggestion of bankruptcy was filed in December 2024 and the docket still carried status reports in August 2026.
- The firm is also listed as a notice party or creditor's counsel in federal bankruptcy dockets from 2021 to 2026 in Delaware, New Jersey, Alabama, Arkansas, Texas and New York, which is what a creditor's-rights practice looks like in the record.
No regulatory action, disciplinary record or lawsuit against the firm itself was located in the sources checked.
Why a business owner hears from the firm
Because a funder has placed a defaulted or disputed advance with it for litigation. The firm is the funder's counsel; the agreement, the debit history, the personal guaranty and any UCC filing belong to the funder, and that is the paperwork that decides what can be argued. A letter from a law firm is usually the step before a summons, so the useful move is to identify the funder and the agreement now rather than after a default judgment.
What to establish from your own paperwork
- Which funder, which agreement and what balance. Ask in writing, at 61-43 186th Street, Suite 207, Fresh Meadows, NY 11365, for the funder's name, the agreement date, the purchased and payback amounts, every debit taken and the balance claimed.
- Whether a suit has already been filed, and where. Both cases above were filed in New York State Supreme Court under the agreement's forum clause, one in Erie County. Check NYSCEF for your business name and the guarantor's name; if a summons exists, the answer deadline runs from service, usually 20 or 30 days.
- The reconciliation clause. If revenue fell and the funder refused or ignored a reconciliation request, that is the centre of most MCA disputes. Pull the clause and the request history before you agree to anything.
- Whether the FDCPA applies. A merchant cash advance is a commercial transaction, so the federal Fair Debt Collection Practices Act generally does not apply. New York's rules of professional conduct and the general prohibitions on misrepresentation still bind the firm.
- Any UCC filing, confession of judgment or personal guaranty. These decide what can be reached and how fast. See how MCA debt relief works.
If a lawsuit has been filed
The plaintiff will be the funder, with the firm as counsel. Answer before the deadline; a default judgment ends the negotiation and hands the funder enforcement tools. See what to do if a funder represented by The Faskowitz Law Firm sues.
Can the balance be settled?
Usually, if the underlying advance is real. Funders that have retained counsel still settle within limits they set, and a documented revenue drop, bank statements and a realistic lump sum or schedule tend to be heard, before or after a suit is filed. See how a balance The Faskowitz Law Firm is collecting can be settled.
Business Debt Adjusters reviews the agreement, the debit history and any filings, and tells you what is realistic before you commit to anything.
Frequently Asked Questions
Is The Faskowitz Law Firm a merchant cash advance company?
No. The Faskowitz Law Firm PLLC is a Queens, New York law firm whose practice areas are real estate, debt litigation, estate planning and transactional law. In the court record it appears as counsel for merchant cash advance funders such as Libertas Funding and Terrapin Business Funding. It does not fund advances or loans.
Is The Faskowitz Law Firm legitimate?
It is a New York professional limited liability company with a published address, phone and website, a managing partner admitted to the New York bar, and appearances in state and federal court. The BBB has no profile for it. Legitimate does not mean the balance claimed is correct; ask for the funder's name and an itemised account in writing.
Why is The Faskowitz Law Firm contacting my business?
A merchant cash advance funder has retained it to collect on or sue over an advance, usually with the owner's personal guaranty attached. Find out which funder, which agreement and whether a suit has been filed before responding by phone.
Does the Fair Debt Collection Practices Act apply to an MCA balance a law firm is collecting?
Generally no, because a merchant cash advance is a commercial transaction. Attorney conduct rules and the general prohibitions on misrepresentation still apply, and a personal guaranty can bring the owner's own protections into play.
What should a business owner do after a letter from The Faskowitz Law Firm?
Identify the funder and the agreement, request an itemised balance in writing, search NYSCEF for any filed case, pull the reconciliation clause and the guaranty, and get the paperwork reviewed before agreeing to a number or missing an answer deadline.
Sources
- The Faskowitz Law Firm PLLC website (practice areas, contact details, team)
- Libertas Funding LLC v. Tempd, Inc., Sup Ct, NY County, index 155717/2023, decided October 25, 2023 (Lebovits, J.): Faskowitz Law Firm, PLLC for plaintiff; motion to change venue denied
- Terrapin Business Funding LLC v. Stellar Beach Rentals, LLC, E.D.N.Y. 2:24-cv-02981 (docket; memorandum order of August 23, 2024 lists Avi Faskowitz, The Faskowitz Law Firm PLLC, for plaintiff)
- CourtListener docket search: The Faskowitz Law Firm in federal bankruptcy and district court dockets, 2021 to 2026
- BBB search: no profile for The Faskowitz Law Firm (checked September 24, 2026)
Facts on this page were checked against the linked sources on September 24, 2026. Business Debt Adjusters is not affiliated with, endorsed by, or authorized to represent the company described.
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