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					The Association of Settlement Companies
TASC™ Disclosure Agreement
This company is a Member of The Association of Settlement Companies and as such has agreed to publicly disclose the following on each of our websites and as part of our contract with consumers. Should you wish to comment on our use or avoidance of this disclosure please email ClientCare@tascsite.org with your contact information and the nature of the complaint. A TASC™ board member will get in touch with you in short order.

Disclosure Statement (Review this attachment carefully )
Am erica Debt Resolutions,LLC provid es consum er s with a m ethod of debt r esolution known as debt s ettlem ent. Debt s ettlem ent is an aggr essiv e m ethod of d ebt m anagem ent, which d ep ends o n the n egotiation of m utually agreea ble s ettl em ent s bet ween th e c onsum ers and th e cr editors. Am erica Debt Resolutions, LLC wants you to und erstand b oth the pot ential ben efits and pitfalls that m ay arise out of the d ebt s ettlem ent proc ess and to hav e r eason abl e exp ectations r egardin g the outcom e.

BY SIGNING BELOW, YOU ARE STATING America Debt Resolutions, LLC HAS EXPLAINED TO YOU, AND YOU UNDERSTAND ALL THE ISSUES BELOW:
1. Y o u ar e e nr o lli ng int o a d e bt s ett le m e nt pr o gr a m aft er v o lu nt ar ily s e e k i ng the a s s ist a nc e of Am e r ic a D e bt R e s o lut io ns , L L C. T h e g o al y ou h av e s et is t o n eg ot i at e m ut u all y ag r e e ab l e s ett lem en t s b et w e en y ou an d y ou r c r ed it or(s ) f or p ay m en t of c ert ain u ns ec ur e d d eb t(s ) d es c r ib ed as E n r oll ed D eb ts . N o s p ec if ic r es u lts c an b e pr ed ic t ed or g u ar an t e ed . 2. Y o u w ill b e r e s p o ns ib le f or s a v in g s uff ic ie nt f u nd s t ha t y o u c o ntr o l t o f u nd d e bt s ett le m e nt s t ha t Am e r ic a D e bt R e s o lut io ns , L L C w ill e nd e a v o r t o ne g o t iat e o n y o ur b e ha lf. Y ou an d on ly y ou w ill b e in c on t r ol of al l s ett l em e n t f u n ds an d u n d er n o c irc u ms t an c es w il l A m er ic a D eb t R es olu t io n s , L LC h av e c us t od y or c ontr o l of t h e f u n ds y ou s et as id e t o f u n d d eb t s ett l em e n ts . 3. T he s a v i ng s pr o gr a m y o u ha v e m a d e to re a c h y o ur d e bt s et t le m e nt g o a l is d et a ile d i n y o ur C lie nt Ag r e e m e nt. S u m m ar ies of t h e t ot a l s ett l em e n t am ou n t, m on t h ly s av in g s , an d t h e p er iod n e ed ed t o r e ac h y ou r g o al w er e pr ep ar e d b as ed on t h e g o al y ou s el ec t ed . T h os e s u m m ar ies r ef l ec t t h e m in im u m am ou n t t h at w e h av e es t im at ed y ou w ill n e ed t o s av e t o p ut y ou rs elf in a p os it ion t o r e ac h y ou r g o als . Ac t u a l s ett l em e n t am ou n ts , n ec es s ar y s av in g s an d t h e p er iod r eq u ir ed t o r e ac h y ou r g o a l m ay v ar y b as ed on c r ed it ors ac t ion s a n d ot h er f act ors t h at m ay af f ec t or pr ev en t t h e r e a liz at ion of y ou r g o als .
16 N. Carroll Street, Suite 900 | Madison, WI 53703 |

4. M os t c r ed it ors an d c o ll ec t ors n eg ot iat e w it h D eb t S et t lem en t S er v ic e Pr ov id ers , A m er ic a D eb t R es olu t i on s , L L C c an n ot f orc e t h e n eg ot i at ion s an d c an n ot f orc e c r ed it ors to ac c ep t a s ett l em e n t. A m er ic a D e b t R es olu t i on s , L L C d o es n ot m ak e r eg u l ar m on t h ly p ay m en t s t o you r c r ed it ors . Y ou r c r ed it ors m ay c on t in u e c o ll ect io n eff or ts on d e lin q u en t ac c ou n ts w h ile y ou ar e en r ol l ed in a D eb t S ett lem en t Pr og r am . S uc h c ollec t ion eff orts c an inc lu d e p h on e c al ls an d let t ers t o y ou , c h ar g in g off t h e ac c ou n t , s en d in g ac c ou n ts t o c ol l ec t ion ag e n c ies or att or n eys, law s u its an d e v en g ar n is h m en ts of y ou r w ag es if a j u d g m en t h as b e en ob t ain ed A m er ic a D eb t R es olu t i on s , L L C n o c l aim t h at it w ill b e ab l e t o s t op t h es e c ol l ec t ion ac t iv it ies . T h es e ac t ivit ies m ay c on t in u e w h ile A m er ic a D eb t R es o lu t ion s , L L C is m ak in g its b es t eff orts t o n eg ot i at e you r d eb t. 5. Y ou r D eb t S et t lem en t P r og r am as s u m es a n eff or t t h at w ill c on t in u e f or m an y m on t hs. T h e tim e n e e d ed t o pr od u c e a s ett l em e n t d ep en d s o n a n u m b er of f ac t or s . T h es e m ay in c lu d e: ( a) you r fin an c i al h ar ds h ip, ( b) t h e ag e an d b al an c e of t h e ac c ou n ts t h at y ou ow e y ou r c r ed it ors , an d (c) t h e fu n ds y ou h av e av a il ab l e t o p ay f or a s ett lem en t; an d ( d) t h e w illin g n es s of in d iv id u a l c r ed it ors t o en t er in t o d eb t s ett lem en t n eg ot i at ion s . W hile n o g u ar an t e es c an b e g iv en , g en er al ly t h e q u ick er y ou s av e m on ey t h e s o on er y ou w ill b e in a p os it i on t o r e ac h y ou r g o als . Inc r e as ed s a v in g s
Ph: 888-657-8272 | Fx: 310.808.6346 | www.tascsite.org

w ill pr ov id e y ou w it h t h e op t ion t o ac c ep t les s er d is c ou n t s an d w ill als o en ab l e y ou t o ac c u m u lat e fu n ds t o r e ac h y ou r d eb t s ett l em en t g o als m or e q u ic k ly . H ow ev er, an y s et t lem en t m us t be ac c ep t ab l e t o b ot h y ou an d y ou r s ett lin g c r ed it or. 6. T h e f e es p aid t o A m er ic a D eb t R es o lu t ion s , L L C ar e int en d ed t o c om p en s at e t h em f or its eff or ts an d w ill on ly b e r ef u n d ab l e t o t h e e xt en t th ey h av e n ot b e en d e em ed t o h av e b e en e ar n e d in t h e m an n er d es c r ib ed in t h e C lie n t A gr e em en t. T h os e f e es ar e n ot b ein g s et as id e or h eld in es c r ow t o f u n d d eb t s ett l em en t s . F e es p a id t o a D eb t S ett lem en t S er v ic es Pr ov id er s uc h as T h e C om p an y ’s N am e f or its s er v ic es w ill n ot b e av ail a b l e t o p ay c r ed it ors . 7. C om m u n ic at i on s w it h c r ed it ors ar e h an d l ed o n a c as e b y c as e b as is . In s om e ins t an c es c r ed it ors m ay n ot b e c on t ac t ed u nt il s ev er a l m on t hs af t er y ou en r o ll. 8. Y ou h av e s t at ed t h at , b ec au s e of c irc u ms t a n c es b ey on d y ou r c on t r ol ( h ar ds h ip), y ou ar e u n ab l e t o m e et t h e m in im u m p ay m en ts r eq u ir ed b y y ou r c r ed it ors . If y ou d o n ot m ak e r eq u ir ed m in im u m p ay m en ts t o y ou r c r ed it or s y ou m ay b e b r e ak in g t h e t er ms of y ou r ag r e em en ts w it h t h em an d y ou r ac t ion s w ill pr ob ab ly b e r ep or t ed t o c on s u m er r ep or t in g ag en c ies as lat e, d elin q u en t, c h ar g ed - off or p as t d u e b al an c es . Y ou r c r ed it or m ay als o r ais e t h e int er es t r at e o n y ou r ac c ou n t an d im p os e ot h er p en alt i es . Y ou r ac c ou n t b al an c e m ay c on t in u e t o g r ow as y ou r c r ed it or ad d s ac c r u e d in t er es t, lat e f e es , ov erlim it f e es an d p en alt ies . Y ou r b al an c e m a y c ont in u e t o gr ow u nt il a s ett lem en t is r e ac h e d w it h y ou r c r ed it or; an d , if n eg ot i at ion s ar e u ns uc c es s f u l, y ou c ou ld b e c al l ed u p on t o p a y th e en t ir e b al an c e. Af t er s ett lem en t y ou r c r ed it or m ay c om m en t t h at t h e ac c ou n t w as “s ett led f or les s t h an t h e f u ll am ou n t” on y ou r c r ed it r ep ort . A

D eb t S ett l em en t P r og r am m ay h av e an ad v ers e eff ec t on y ou r c r ed it r ep or t an d c r ed it s c or e. 9. W h en y ou r c r ed it or s ett les y ou r d eb t , a s av in gs of $ 6 0 0 or m or e of f w h at y ou ow ed m a y b e r ep ort ed b y y ou r c r ed it or t o t h e IR S as D is c h ar g e of In d eb t ed n es s in c om e. Y ou m a y w is h t o c on s u lt y our t a x ad v is or t o d et er m in e w h et h er y ou r in d iv id u a l c irc u ms t an c es m a y p er m it y ou t o e xc lu d e an y s uc h D is c h ar g e of In d eb t e d n es s Inc om e fr om y ou r r ep ort ab l e inc om e d u e t o ins ol v en c y. F or m or e inf or m at io n on t a x r am if ic at ion s t o y ou p ers on all y y ou m a y als o w is h t o c on s u lt a C P A or T a x Att or n ey an d t o r ef er t o t h e IR S w eb s it e w w w. irs . g ov IR S P u b lic at i on 9 0 8- “ B an k r u p tc y T a x G u id e” an d IR S F or m 9 8 2 , R ed u c t ion of T a x A ttr ib ut es D u e t o D is c h ar g e of In d eb t ed n es s av ail ab l e on t h e IR S w eb s it e. 1 0. Y ou ac k n ow l ed g e t h at t h e c om p an y is n ot a law f ir m an d c an n ot pr ov id e leg a l ad v ic e. 1 1. Y ou u n d ers t an d t h at y ou h av e the r es p on s ib ilit y an d t h e r ig h t t o c om m u n ic at e m y c om m en ts d ir ec t ly t o t h e c om p an y ’ s m an ag em en t us in g t h e inf or m at i on pr ov id ed b el ow : C om p an y : A m er ic a D eb t R es olu t ion s , L L C At t n: C lien t R el at ion s M an ag er A d dr es s : P h on e N u m b er: E m ail: 1 3 6 0 1 Pr es t on R o ad # 9 3 0 E 8 7 7- 3 5 0- 3 3 2 8 O p t ion 2 c li en tr el at i on s @ am er ic ad r .c om

U p on r eq u es t, y ou w ill r ec eiv e fr om t h e C om p an y th e r ef u n d p r oc ed u r e an d g r iev an c e p olic y. F in al ly , y ou h av e a r ig h t t o r ep ort d ir ec t ly an y c onc er ns t o T A S C™ v ia em ail: Clientcare@tascsite.org

To summarize, Each case is unique and results may vary: A Debt Settlement Program can be a very effective way to resolve your debt, but it is not a painless process and no guarantees can be given because the process is subject to factors that neither you nor your service provider may be able to control. As with any type of debt repayment plan, failure to complete a Debt Settlement Program is likely to have negative consequences on your financial situation.

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16 N. Carroll Street, Suite 900

|

Madison, WI 53703

|

Ph: 888-657-8272

| Fx: 310.808.6346 |

www.tascsite.org


				
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