American Debt Control


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4821 Merlot Ave. Suite 210
Grapevine, Texas 76051
Other Business Names:
Summary of Business: Debt Settlement / Negotiation
Number of BBB Complaints as of 6/17/08: 8
Members of BBB: No
BBB Profile
Business Start Date: August 2005
Number of Employees: N/A
Trade Organization Memberships: TASC (Trade Association of Settlement Companies)IAPDA (International Association for Professional Debt Arbitrators), Grapevine Chamber of Commerce
Other Accreditations: Dun & Bradstreet

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Fees

There was not much information about the fees charged to clients on their website.

Do you have a money back guarantee?

Yes, if an account is not able to be settled, American Debt Control will refund service fees paid proproptional to that account

Eligibility

What type of debt do you work with?

Most unsecured debt

What is the minimum total unsecured debt one must have in order to qualify?

$7,500

Does a client need to include all of their unsecured debt in the plan?

N/A

Services

Do you do the negotiations yourselves?

Yes, Everything is in-house

If not, who is the company you use for negotiations?

N/A

Creditor Calls

Do you send a Power of Attorney to notify the creditors that a client is enrolled in your program right away?

American Debt Control sends "engagement letters" notifying your creditors that you are using a debt settlement service.

Do you send a Cease & Desist letter to my creditors?

Yes, this is sent immediately upon your enrollment to any third-party creditors handling your account

Can I change my phone number & address to your companyï¿½s phone number and address?

N/A

Do you have a consumer advocacy group help me with calls?

N/A

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(Disclaimer: In no way should this be construed as a formal statement made by the company about the services it offers. Moreover, although an effort has been made to keep this information up to date and accurate, in no way is this a comprehensive overview of the company profiled. For complete information, please contact a representative from this company.)

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