did a 300k 2nd recently, 8 month weekly
merchant missed the 3rd payment, claiming his clients didn't pay them so they couldn't pay.. funder switched to daily and merchant bounced first payment.. funder filed coj 1 day later
tbh, merchant was being a little unresponsive for 3 days, and would not provide login and was generally being a little evasive, probably trying to figure out what to do..
funder filed coj, and the next day called merchant and worked out payment plan with modified payments for two months before resuming original payment amount..
funder claims that once coj filed, auto default and clawback..
1st pos funder does not use coj in contract. i suspect this funder filed so quick just to get the clawback..

not sure there is a supporting argument here as merchant did bounce the weekly, and then immediately bounced a daily, and did not provide login for 48 hours.. anyway does modified payments within the 30 day clawback period equal a default?

any thoughts?