American Debt Foundation=Trouble

Which program have you signed with American Debt Foundation? Is it a consolidation or a settlement program?

Have you read the contract carefully? Usually settlement programs take a long time to deliver positive results. By this time, the creditor can possibly take legal actions but if you have everything documented and are able to prove your settlement program to the judge, things might turn in your favor. It is not necessary that the creditor has to accept your proposal from the settlement company but if you are able to provide the documents signed with the settlement company, the judge might not rule something against you.

Look at there website home page and click on those settlement examples, they are for real americandebtfoundation.com is were you can find those examples and judge for your self, I think if you stick with the program it will work stop complaining and start acting on your debt remember you have to stick with the program.

AMERICAN DEBT FOUNDATION ARE FOR REAL.

I would recommend this to anyone that you contact the BBB in your area to see what each debt consolidation company is about. I have found, mainly with Consumer credit counseling Services from years ago, that they wait until you send your payment and then hold your payment until they decide to send it out. Well, my creditors were not happy with the situation and neither was I. So there went debt consolidation.

But lately, I have had success with the company I am with right now. They have been sending my payments out on time like they should. I will be through paying them in a few months anyway. I would recommend that you research before you decide to participate in these companies. I did a lot of research here and on other websites before I decided to participate in this company. Knock on wood, I have been pleased with the results so far.

YUP! we do have an *admire'er*


*CHUCKLE*

Takes real talent - I bet he kisses his mamma with that mouth!

Nice use of cut and paste. And the bold feature as well.

However, in the future, if you could put a space between "sucks" and "debt" , it would make it look nicer. Cuz this:

SUCKSDEBT

...is just poor grammar.

The posts spouting drivel by a foul-named user have been deleted.

AMERICAN DEBT FOUNDATION ARE FOR REAL, THEY HELP ME GET OUT OF MY DEBT OF 50K, IF YOU ARE GETTING HARASSED BY AMERICAN DEBT FOUNDATION YOU ARE PROBALY ALSO GETTING HARASSED FROM COLLETION AGENCY AND CREDIT CARD COMPANYS BECAUSE SOME PEOPLE WANT SOMTHING FOR NOTHIN THIS IS YOUR DEBT IS UP TO YOU AND THE PEOPLE TRYING TO HELP TO RESOLVE THIS, I HATE WHEN PEOPLE TRY TO POINT THE FINGER AT THESE TYPES OF COMPANIES BOTTOM LINE IS THAT YOU NEED TO BE RESONSABLE AND PAY YOUR BILLS, COMAN PEOPLE THIS IS NOT 1ST GRADE. PAY YOUR BILLS BE RESPONSABLE!!!!! debt settlement COMPANIES ARE NOT AT FAULT THEY ARE TRYING TO HELP, AND YET YOU STILL FIND A WAY TO POINT THE FINGER LOOK IN THE MIRROR PEOPLE...PAY YOUR BILL BOTTOM LINE!!!!!!!

I would have to agree with anthonyhunt although he didn`t have to be so harsh .Some settlement company's are bad but American Debt Foundation has a good rating on the BBB. All legit settlement company's have on there contracts explaining the risks and I would assume theirs did. No settlement company can promise that you can`t get sued. You spent money you didn`t have and now have to repay.You owe these creditors money and if you were a good candidate for a settlement program it was because you were falling behind anyways so you can`t blame them for your situation. Plus just because you get sued doesn`t mean they can't settle on a judgment. I am truly sorry that your situation didn`t work out although you didn`t stick with the program and who's to say that they would not be able to negotiate with those collection agency and lawyers.

Don't take these people for real! I signed up with adf and they RIPPED me off!! They never communicate and lie to steal money. They never do what is in the contract/website. NEVER sign up with adf!! NEVER!! They will rip you off!! Take it from a past client!

Could you tell us a little more about your experience with them Toddly. How long were you in there program ? How much debt you have ? Please explain more about how they ripped you off.

ADF claims that they call your creditors "instantly" after you sign up and they get the first payment. They claim alot of things on their website which they don't actually do. They told me that all of my creditors were working with them and not to worry and to wait out the program. Actually what really happened is all of my accounts went to local law offices to send me a summons. THEY NEVER TOLD ME THAT!!!!! I could have done something on my end to prevent that. It is not that they are breaking contract, they just don't do a par job. My 5 year old could sit and tell someone that their accounts are fine and dandy. While this happens, ADF just sucks a monthly payment out of my account. THEY ARE JERKS, and NIPS!!!!!!!! STUPID CREEPS!!!!!

Anthony you are a snot nose little nerd

American Debt Foundation, Inc.
debt settlement is a form of debt relief that can assist you in overcoming the burden of overwhelming debt in less time and for less money than other debt relief options.
On average, consumers who complete the American Debt Foundation????????s debt settlement program do so in 3 to 5 years and generally pay less than half of the balance owed.* That amount typically includes any interest charges, late fees, and the debt settlement company????????s fees.
American Debt Foundation????????s debt settlement program is an alternative to bankruptcy, which exists to assist consumers with significant debt due to personal or medical hardships. Too often, consumers join Consumer credit counseling services in an attempt to repay their debt, but soon find that it may have not been their best debt relief option. Some estimates show over 75% of people who turn to consumer credit counseling services either quit or are dropped from the program. As a result, many clients end up filing for bankruptcy. Debt settlement is an alternative solution for people who legitimately cannot afford to repay their debts and are looking for an honest way out of a debt-burdened life.
Debt settlement serves an important role in the debt relief industry because it is not like consumer credit counseling, debt consolidation and other debt relief options that coach you through repaying your entire debt, even if you cannot afford to do so. Instead, debt settlement involves negotiating with your creditors to settle your debt for a reduced amount. This is why debt settlement is a growing debt relief solution.
Many credit card companies have debt negotiation and settlement departments for the specific purpose of negotiating with debt settlement companies like American Debt Foundation. While they prefer that you repay the entire amount you owe, creditors understand that lending credit is a risk, and sometimes consumers experience legitimate financial hardships that prevent them from repaying the full debt.
It is important to us that you understand the debt settlement process ???????? or any other debt relief option you choose ???????? before committing to a program. The following pages explain how and why the debt settlement process works. Keep in mind that not all debt settlement companies are alike and others may not have the same process and steps described here.
What is debt settlement?
Debt settlement is when you repay your creditors less than you owe to satisfy your debt. People with overwhelming debt can enroll with a debt settlement company who will negotiate with their creditors to settle their debts for a fraction of what they owe.
In a debt settlement program, you deposit money into a savings account each month, instead of paying your creditors. Once enough money builds up, the company negotiates with your creditors to accept a lump sum payment. If the creditor accepts, this agreement ???????settles??????? the account. Your debt is considered paid and you can begin saving for the next settlement offer.
What settlement results do your clients typically see?
On average, we settle our clients???????? debts for about 30-50% of the entire amount owed.
How long will it take me to get out of debt?
Our program graduates are typically out of debt in 12 to 36 months.
Can American Debt Foundation help with harassing collection calls?
No company can completely stop debt collector calls. However, we ask your creditors to contact us directly about your accounts. We also offer specific advice for dealing with unwanted collector calls that come to your home.
Does American Debt Foundation offer any guarantees?
American Debt Foundation is one of the few companies in this industry to offer a 30 day money back guarantee.
How much is American Debt Foundation????????s debt settlement program going to cost me?
Our professional debt consultants will work with you to create a customized payment plan according to your financial situation. Our fees are a percentage of the total amount you owe.
Why would my creditors accept less than the full amount I owe?
Your creditors prefer to collect the full amount you owe; however, they know that if you file bankruptcy, they may receive no payment at all. Creditors are usually open to debt settlement once they recognize that you are facing significant financial hardships and are trying to avoid bankruptcy. Your creditors would rather accept a lump sum payment of 50% of your debt than risk getting nothing at all.
Can I be sued by my creditors while enrolled in your program?
We do everything in our power to negotiate a mutually agreeable settlement, but there is the possibility a creditor can take legal action to get you to pay. This usually happens when creditors think they can recover the full amount you owe through the courts. We are not a law firm and we recommend you speak with a licensed attorney in your state for more information.
How will debt settlement affect my credit?
Debt settlement can have a negative impact on your credit. However, debt settlement can also get you out of debt faster than many other debt relief options so you can begin rebuilding your credit sooner. If you are already behind on payments, or you might be shortly, your credit is already impaired - you have too much debt compared to your income. This is known as a high debt-to-income ratio. To be considered credit-worthy again, you must drastically reduce or eliminate your debt, thereby reducing your debt-to-income ratio. Remember, you can always rebuild your credit and it????????s much easier to rebuild your credit without the burden of overwhelming debt or a bankruptcy mark on your credit report.
Once I've enrolled in American Debt Foundation's debt settlement program, who maintains control of my finances?
You maintain control of your finances. Instead of paying us or your creditors, you deposit money into a third-party savings account every month. When enough money accrues and your creditors are ready to settle, the money from that account goes toward your settlement. Because you ultimately maintain control of your finances, your commitment is essential to the success of your program.
What if I need to cancel the program?
You can cancel the program and withdrawal the money in your set-aside account at any time. We do not have a long term commitment, so you are under no contractual obligation to stay if you decide the program is not right for you. You will not be charged any penalty fees, closing fees or any other hidden charges.
Does everyone qualify for American Debt Foundation????????s debt settlement program?
Not everyone qualifies for debt settlement. Debt settlement is an alternative to bankruptcy for people with overwhelming debt who have endured personal or financial hardships that prevent them from repaying their creditors.
What types of debt does American Debt Foundation settle?
There are generally two types of debt: unsecured and secured. Secured debt is backed by collateral such as a house or a car. American Debt Foundation cannot settle secured debts because creditors can simply repossess the assets if you fall behind in payments. Unsecured debt is not backed, or ???????secured,??????? by collateral and therefore it can be negotiated. Unsecured debts include credit card debt, medical bills, repossessions, etc.

jason lopez is a shill.looking at this and other threads says american debt foundation is a huge scam.