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Jun. 6

Change to Prejudgment Remedy (PJR) Law for Merchant Cash Advance (MCA) Collection Actions in Connecticut per Public Act 23-201

Prejudgment Remedy Connecticut has a unique and effective debt collection legal process, called the Prejudgment Remedy (PJR). In collection actions, a PJR allows creditors (plaintiffs) to attach property of debtors (defendants), to secure debt prior to the creditor obtaining final judgment. The benefits of PJR attachments can be significant, increasing overall recovery, and reducing litigation…