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Are consumers satisfied with North American Debt Settlement?

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Carol
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North American Debt Settlement is a member of TASC or The Association of Settlement Companies. However, it has been rated F by Better Business Bureau (BBB) and it is also not a BBB accredited business.

Complaints against North American Debt Settlement

Here are some of the complaints made against the settlement company.

  • Charged fees even after enrollment cancellation: A customer said that he was charged after he had canceled services with North American Debt Settlement. The customer opted to cancel even after enrollment because he was charged more for the program than what was previously informed to him. Moreover, the customer hadn't been informed that certain creditors may not agree to settle debts. Know more...

  • Behaved rudely with consumers: A consumer said that the settlement company had called her once and after asking a few questions, started explaining a plan. After being informed that she wasn't interested in the plan and they shouldn't call again, the company representative started behaving rudely with her over the phone. Find out more…

  • Employed unprofessional business practices: A person said that the settlement company employs unprofessional business practices. The employers of the company don't take certified debt arbitration courses. This organization is not a part of IAPDA (International Association of Professional debt Arbitrators) and USOBA (United States Organizations for Bankruptcy Alternatives), which is a debt settlement and negotiation association. Learn more…

  • Didn't offer service after enrollment: A customer said that he had signed the paperwork to get help from North American Debt Settlement. After the customer had made the first payment, the company no longer answered his phone calls. Know what the customer says…

What to do if the settlement company doesn't answer your calls

If you've already enrolled with North American Debt Settlement, then you can send a letter to the company if they're not answering your calls. However, make sure you send each letter by certified mail with a return receipt request. If you don't get any reply, you can lodge a complaint against the company with the BBB. You can even file a lawsuit against the settlement company with the Attorney General of your state.

It is advisable that you ask for the professional fees before you enroll with a settlement company. You shouldn't pay any upfront fee before the settlement company provides you with any service that is, the company negotiates with a creditor and is successful in reducing the outstanding balance.

How to contact North American Debt Settlement

The business address of the settlement company along with the phone and fax numbers is given below.

North American Debt Settlement
132 West 36th Street, 4th Floor
New York, NY 10018

Phone Number: (877) 333-8634

Fax Number: (866) 277-3730

 

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fireyone



Joined: 26 Feb 2008

Posts: 4285
127 Magic Points
PostPosted: Thu Feb 12, 2009 7:17 pm    Post subject:

North American Debt Settlement, LLC.
132 W. 36th Street, Fl. 3
New York, NY 10018
877-333-8634
They seem to be aprt of an organization called:TASC..the association of settlement companies. You may be able to look and see if they are BBB affilated and check out what the BBB has listed on them.
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scott

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Joined: 28 Jun 2006

Posts: 446
10878 Magic Points
PostPosted: Fri Feb 13, 2009 12:38 pm    Post subject:

I went through their website and found out that they are a debt settlement company. If you want you can call them up at any of the following numbers:
1-877-333-8634 / 1-866-277-3730

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SCOTT

Use your credit account responsibly and enjoy a debt free life.
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Martin00
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PostPosted: Wed Apr 15, 2009 6:38 pm    Post subject: Nice ppl

they are always available, and made sure they went through everything with me to help me understand
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robroy



Joined: 29 May 2009

Posts: 1
50 Magic Points
PostPosted: Fri May 29, 2009 5:17 pm    Post subject: North American Debt Settlement

Hi!
I work for and with some great folks here at North American. We help folks all day long. I truly enjoy my job, the people we help, and the work environment here. There is absolutely no tolerance for even the slightest hint of not doing what is best for each client and their particular situation, and we help so many. When you are really trying to help people and work hard at it and are successful that is awesome.

The Hardship Programs are not for everyone, and not always an easy road, but if you qualify and choose to enroll, they will get you out from under your debts for pennies on the dollar and will post positive on your credit report as paid as agreed, paid as settled, zero balance, and some creditors just post paid in full.
The debt is gone and you are back on your feet. Not overnight of course, but sooner rather than later and much faster because the extra cash you have in your pocket each week once you enroll sure helps you get your finances under control quicker. Many clients get back on their feet, are able to put more money in their Trust Savings Accounts each month, and get of of their programs earlier and for less money than expected.

I am a certified paralegal and a senior financial analyst here at North American, and we are truly here to help and as I said, very successful at it. We are not responsible for the scams and pretends or even the much lower client retention rates of other companies in this industry. Regulations are cracking down and they will be weeded out and we will be able to help even more people.
The clients are in control of the money and everything else throughout the entire process, and seriousness to resolve the debt is the most important key to outstanding success and the lowest settlements in the programs for our clients.
My best to everyone and theirs.
Peace
Rob Roy


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sandyc67
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PostPosted: Sat Jul 18, 2009 7:05 pm    Post subject: credit settlement group?

has anyone heard of american debt settlement group in arizona? it is connected with hass group somehow?
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electrigal1222
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PostPosted: Thu Sep 03, 2009 5:12 pm    Post subject: north american debt settlement

I have heard of NADS, North American Debt Settlement. They just took $1500 out of my account after I cancelled their services. I am so angry, I may sue them. They really have my bank account messed up, and I can't afford that right now. No m,oney for food this week. I just can't believe they did that, after I spoke to Edward Say personally and told him I wanted to cancel the day after I signed up. I wanted to cancel for a few reasons. 1. The girl gave me one amount then at the end gave me a different amount. 2. They did not advise me that I should change my personal checking account. 3. They did not advise me that some companies such as Discover, will not settle for anything exept the amount you owe them.
I don't like Discrepancies.
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NADEBTSPECIALIST
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PostPosted: Fri Oct 16, 2009 4:38 pm    Post subject: North American Debt Settlement

In response to the previous post, I would like it to be known that the name of the agent is actually Edward Fay, and the lady had been his assistant Donna, and everyone can rest assure that the both of them have been terminated and are no longer associated nor affiliated with NADS. These two individuals are dispicable sorry excuses for human beings and as a Senior Managing Debt Director I would like to extend my deepest sincerest apologies for that is absolutely not the way we operate. To address your discrepancies they did not understand the program and did not care that their clients did have the full disclosure. They were caught and terminated quickly because all of our calls are recorded for the FTC, and monitored daily for quality assurance purposes. The person above should contact MIchael Spivak, the president of the company to resolve this matter to their satisfaction immediately.
Again we sincerely apologize and did not want this to be a stain on our outstanding performance.
And we look forward to assisting folks in their time of need. With over 100,00 accounts unfortunately bad apples slip into the process. Qaulity assurance insures they're caught and terminated quickly.
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Jenny
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PostPosted: Wed Jan 20, 2010 6:09 pm    Post subject: North American Debt Settlement

They called me this morning and the guy asked me a few questions and then transferred me to a person named Winston. He started going over the plan and I stopped him and told him I was not interested and he got really nasty with me. I told him not to get ugly with me and not to call me again. He replied in an ugly voice that I called him. I told him again that I did not call and he would not take that I did not want to be involved in the company and that I was called. I would never use this company if I did want to use a settlement company........ I don't like nasty people.
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DEBTRELIEFPROF
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PostPosted: Tue Feb 02, 2010 4:50 am    Post subject: NORTH AMERICAN DEBT SETTLEMENT

NORTH AMERICAN DEBT SETTLEMENT OUT OUT OF NYC, N.Y. IS ONE OF YOUR TYPICAL BOTTOM FEEDERS IN THE INDUSTRY, WITH UNPROFESSIONAL BUSINESS PRACTICES. THEY ARE NOT RATED AT ALL ON THE BETTER BUSINESS BUREAU. THEY ARE NOT IAPDA CERTIFIED **(INTERNATIONAL ASSOCIATION OF PROFFESIONAL DEBT ARBITRATORS)**. THEY ARE NOT PART OF USOBA, ** UNITED STATES OF BANKRUPTCY ALTERNATIVES** YES WOW THEY ARE PART OF TASC ** THE ASSOCIATION OF SETTLEMENT COMPANIES WHICH IS A MEESLY $300 DOLLARS TO BECOME A MEMBER OF. WITHOUT EVERY PERSON TAKING THE CERTIFIED DEBT ARBITRATION COURSES WHO ACTUALLY REPRESENT A DEBT SETTLEMENT COMPANY IN GENERAL MEANS NONE OF THE SALES FLOOR IS EVER ACTUALLY TRAINED THE PROPER WAY, OR THE WAY A REPUTABLE COMPANY WOULD. THE COMPANY ITS SELF IS JUST NO GOOD, ANYONE THAT COMES ACROSS THIS COMPANY CONTACTING YOU SHOULD REALLY RECONSIDER FINDING A REPUTABLE COMPANY OR YOU WILL FIND YOURSELF IN A WORSE SITUATION THAN YOU ARE ALREADY IN.
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Justin

Justin

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Posts: 1240
28942 Magic Points
PostPosted: Tue Feb 02, 2010 6:05 am    Post subject: NORTH AMERICAN DEBT SETTLEMENT

Hi Debtreliefprof,

Thanks for your information.

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Justin
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JackMilford
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PostPosted: Wed Feb 03, 2010 5:02 pm    Post subject: The truth about North American Debt Settlement

Ah Ha. They are not IAPDA certified, not part of USOBA, not even BBB rated. How do they stay in business?

WOW!
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Justin

Justin

Joined: 17 Jul 2006

Posts: 1240
28942 Magic Points
PostPosted: Thu Feb 04, 2010 7:02 am    Post subject: reply

That's why Debtreliefprof has asked people to reconsider their decisions before contacting this company I believe.
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PhilMcCraken
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PostPosted: Thu Feb 11, 2010 5:39 pm    Post subject: North American Debt Settlement

Bottom feeders? Thats not very fair to the crustations on the planet. NADS is really more of the crap on the bottom of the ocean that the bottom feeders eat.

As previously noted before the message was censured, Mike Spivack was a player in the mortgage industry forcing bad mortgages on people that could not qualify for a prepaid phone card. It is people exactly like him that have caused this housing mess.

Now he decided to rip people off in the debt industry. People down on their luck who need help and he promises the world and delivers nothing.

Stay away from this company at all costs. go bankrupt before you trust them for help. it would be less of a headach.

These are very very bad people who cannot be trusted.
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Nuff
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PostPosted: Fri Feb 26, 2010 3:03 pm    Post subject: Pass the vaseline

Wish I saw Debtreliefprof's posting two months ago. NA Settle has been wooing me for a few months. Two months ago I signed the paperwork...last month made the 1st payment. They did hook me up with UCAN.Net which seems legit. Now I have questions, call the folks at NA Settle to find my guy is gone...no one answers the phones...the voice mail is full. Man do I feel screwed! Any suggestions?
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