American Debt Negotiators Inc.

According to the Better Business Bureau (BBB), American Debt Negotiators, Inc. is listed as a credit counseling and management services corporation.  They are located at 11555 Heron Bay Blvd., Ste.200, Coral Springs, FL  33076.  Their contact phone number is (561) 483-7337, and their website is http://www.adnnow.com.  Dave Barnea is the president of the corporation, Rick Post is the manager, and Daniel Post is listed as the Secretary/Treasurer.  American Debt Negotiators began operation on January 1, 2004. This company is not accredited by the BBB. 

The Better Business Bureau rates businesses from A+ - F, and they have given American Debt Negotiators, Inc an F rating.  The BBB shows that this company received the following complaints: 

3 complaints for making a partial refund

13 complaints for agreeing to perform according to their contract

1 refused to adjust, relying on terms of agreement

1 unanswered complaint

4 unassigned complaints 

A total of 22 complaints were filed against American Debt Negotiators, Inc.  The Better Business Bureau states that the company is active and has had no government action taken against them.  

The Fair Debt Collection Practices Act (FDCPA) was established by the Federal Trade Commission (FTC) in order to prevent debt collection and debt negotiation agencies from improper practices such as alleging to be someone or some company that they are not, from making false statements, or removing money from the debtor’s checking account without permission.  A basic Internet search yields several complaints about American Debt Negotiators, Inc.  Per the complaints this business claims to be a company that can assist people who are overwhelmed with debt to reduce and negotiate their credit debt, but instead of helping the people who contacted them, they took money out of their checking account without permission and before any papers giving permission were signed. Another site had several complaints that American Debt Negotiators pretended to be Bank of America and attempted to obtain credit card numbers, as well as personal information, and there were several other complaints of frequent calls from an unidentified caller, later determined to be American Debt Negotiators, claiming to be a credit card company and requesting account information. 



The BBB’s review states American Debt Negotiators’ advertising is extremely misleading, and that they are in compliance with licensing or registration requirements.  Finally, the Better Business Bureau states that some complaints that have been filed contain very serious allegations against American Debt Negotiators, and the Better Business Bureau “strongly questions the company’s reliability based on their failure to adequately respond to these complaints.”

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