Complaint Review: American Debt Control - Grapevine Texas
- American Debt Control 4821 Merlot Ave Suite 210 Grapevine, Texas U.S.A.
- Phone: 866-598-6588
- Web:
- Category: Credit & Debt Services
American Debt Control Legit Or Fraud, How About A Personal Bailout Package For Taxpayers American Debt Control, LLC Grapevine Texas Bailout Grapevine Texas
*UPDATE EX-employee responds: Not all that bad...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
My wife & I signed on with ADC to help with addressing credit issues, after 12 months of allowing automatic withdrawls from our bank savings to build an escrow account iwth ADC to approach our creditors with settlement offers, today recieved notice of being sued by one of the creditors listed for ADC to reach settlement with. Our calculations show nearly 3500 paid to the so called escrow account and when we contact our liason with ADC Jamie Dixon, she stated that no creditor had been contacted to date by her or any ADC member on our behalf, meanwhile she told us we only had a balance of 105 in our account and that the remainder of the monies were used to cover her fees. She then stated we should contact the lawyer and try to arrange a settlement on our own due to that once a suit is filed they can not be of help!
WHAT?, So at this point we closed the special savings account at our bank to stop them from collecting any further fee's. I am also going to contact the Iowa & Texas consumer protection agencies and if nothing more than a complaint can be filed that is what we will do. TO ALL OF YOU READING THIS BEWARE, THE OLD ANTAGE, IF IT SOUNDS TO GOOD TO BE TRUE THEN IT PROBRABLY IS APPLIES WHEN YOUR SEEKING CREDIT HELP, Our best advice is talk to an officer of the bank you do business with and they can usually send on the right path and many times are willing to help & advise you.
Feel Free to contact me with your comments concerning American Debt Control, LLC My number is 641-216-3440
Here is the contact info we have for them
Toll Free 866-598-6588
Fax 817-796-1572
4821 Merlot Ave.
Suite 210
Grapevine, TX 76051
www.americandebtcontrol.com
Dave in iowa
Centerville, Iowa
U.S.A.
This report was posted on Ripoff Report on 12/09/2008 10:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/american-debt-control/grapevine-texas-76051/american-debt-control-legit-or-fraud-how-about-a-personal-bailout-package-for-taxpayers-a-399726. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:



#1 UPDATE EX-employee responds
Not all that bad...
AUTHOR: duzntmatter - (United States of America)
SUBMITTED: Saturday, December 04, 2010
I happen to know, from first-hand experience, that ADC is a legitimate debt settlement company. As a former employee of the company, I can say this - they may do wrong by their employees, but they do right by their customers. I was a settlement negotiator in the company, and I personally handled past-due AND legal accounts. To say that "once a suit is filed, they cannot be of help" is false. Many times, I was able to settle a legal account, and if that didn't pan out, I was able to at least set up a stipulated agreement, wherein the client made payments for the balance in full on the account, but was still able to save up for the other accounts enrolled. My advice would be to fully & thoroughly read through your enrollment agreement prior to signing. That's all it boils down to. READ THE FINE PRINT BEFORE YOU SIGN! It's common sense, people! ADC does NOT set up an escrow account for their clients, you are EXPECTED TO SAVE THE FUNDS ON YOUR OWN. If you read the contract, you would know that! Get a better understanding of what debt settlement actually is, and how the industries involved actually operate, and you will not be left disappointed. COMMON SENSE. Do your research!!


Advertisers above have met our
strict standards for business conduct.