Business Debt Adjusters
Is This Your Business?Author: Kaitlyn Short
Business Debt Adjusters is a debt relief company that specializes in business debt relief, particularly restructuring or settling merchant cash advance debt. According to the company’s website, it can reduce clients’ payments by up to 70 percent and reduce the collection calls they receive.
The program takes about 3 to 24 months, although the company can typically negotiate lower settlements when the terms are shorter.
Top Ranked Companies
The Good
- Business-Specific Debt Relief
- Pricing
Business-Specific Debt Relief
While many debt relief companies focus on helping individual consumers with their debt, Business Debt Adjusters specializes in business debt relief, particularly related to merchant cash advance debt.
Pricing
Although Business Debt Adjusters charges an enrollment fee to begin working on a client’s accounts, most of its fees are based on the money the company saves its clients. If Business Debt Adjusters doesn’t save the client money or settle their debt, the money in the client’s trust account will be returned to them.
The Bad
- Missing Accreditations
Missing Accreditations
Business Debt Adjusters does not appear to be a member of important industry organizations that debt relief companies often belong to, including the American Fair Credit Council and the International Association of Professional Debt Arbitrators.
The Bottom Line
Business Debt Adjusters can help businesses restructure or settle their merchant cash advance debt and other business debt. The program takes three months to two years and can reduce clients’ payments by up to 70 percent.
The company charges an enrollment fee to begin working on a client’s debt, and most of the other fees are based on how much money Business Debt Adjusters saves the client on the debt.
Unfortunately, Business Debt Adjusters doesn’t appear to be a member of important professional organizations, including the American Fair Credit Council and the International Association of Professional Debt Arbitrators. We recommend looking into other debt relief companies with more accreditations.
