Business Debt Adjusters Reviews 

190
TrustScore 5 out of 5

4.9

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Rated 5 out of 5 stars

Thanks to the team at BDA for helping us navigate our lender situation. A year ago we had three lenders taking daily or weekly draws but our business was not what it was pre-COVID. BDA helped negotiat... See more

Rated 5 out of 5 stars

Jenn made everything about this process easy, educational, and a turning point to save my and my boyfriends business. I am happy she was willing to take a chance on us and really listen to what we ha... See more

Rated 5 out of 5 stars

Extending help and compassion to others has great rewards... I think most of us try to live a life where we do, indeed, find reward in helping others. There are times when we are on the receiving end.... See more

Rated 5 out of 5 stars

Dedra Jefferies was very good from the first phone call to the getting the loan. She has given me advice and helped me with any questions or concerns I had. Our company is receiving much relief from h... See more

Company details

  1. Debt Relief Service
  2. Financial Consultant

Information provided by various external sources

We help business who are overleveraged on their Merchant Cash Advances. If your business is experiencing hardship because of debt payments. We can help.


Contact info

4.9

Excellent

TrustScore 5 out of 5

190 reviews

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4.9

All reviews

(190)

13 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 4 out of 5 stars

They did a great job of calling off the…

They did a great job of calling off the collectors. They saved me some money, and extended the payoff date. Their price was a little stiffer than I thought, but they got the job done, and absorbed the headaches for me while I ran my business without a glitch.

5 March 2020
Unprompted review
Rated 5 out of 5 stars

So professional and kind

One of the most amazing experience I had in my business, after 26 years of successful operation , I had one of the most peaceful experience with this company and the employees are super professional and kind and they care so much about your business that is unbelievable
Azadeh riaz

4 March 2020
Unprompted review
Rated 5 out of 5 stars

Saved my business !

I am so proud of the results I've gotten for my company. My business has truly been saved and it's all thanks to Ms.Dedra Jefferies. She has helped me and my business and I'd definitely recommend this company to anyone in need.

28 February 2020
Unprompted review
Rated 5 out of 5 stars

This is definitely new to us!

This is definitely new to us. We have had many business fundings in the past that have all been successful. Unfortunately we got in a little over our head and hit a slow period for our company and decided to see what Business Debt Adjusters was about. After getting more information about what they offer we decided to move forward with them. James Toolen was the person we first spoke with. This guy is absolutely amazing! He and his team have helped out so much. It has been a lot of stress lifted off of us and we feel we are in good hands. From the very beginning James has been available to answer our calls and questions so there is no phone tag or delayed times getting back to us if we had any questions or concerns. I have been very pleased with this company thus far and would absolutely recommend them to anyone that is in the same situation. It is an unfortunate situation to be in but i does happen. Now it's just about getting this solved so we can move on which is happening and i couldn't be more happy! Thank you James Toolen and team for making this process better then we could have hoped for!

27 February 2020
Unprompted review
Rated 5 out of 5 stars

Honest up front great advice a team to count on

Honest up front great advice a team to count on that stands for the business not against it. Very happy to work with this company they have the right guidence and advice to ensure you stay in business A+++ in my book.

31 December 2019
Unprompted review
Rated 5 out of 5 stars

Very professional team.

Everyone is very patient and helpful, they explain everything and take time to go thru every details.
I really recommend them.

28 December 2019
Unprompted review
Rated 5 out of 5 stars

We just came on board about 2 weeks…

We just came on board about 2 weeks ago, I have 3 advances they are working on. To this point we have a agreement on one of them and the other two are in negations. So far so good.

23 December 2019
Unprompted review
Rated 5 out of 5 stars

My Business was behind on payments

My Business was behind on payments. Collection calls were coming every day. I was considering bankruptcy. BDA called me to let me know a lawsuit was filed and they can help. 2 months later, it's all in the past.

22 December 2019
Unprompted review
Rated 1 out of 5 stars

Please Be Careful and Aware

Usually people that need this service are in a really bad spot. They are usually afraid of needing to close their business down because of where they are at. I feel like this company prays on that. They told me to stop payments when I had never missed a payment and made promises to get thing done before it would cause issues for my accounts. They assured me they had worked with these creditors before and knew how they worked. Once I signed up with them nothing went as planned. They took there money first and had all kinds of additional fees. They took so long contacting my creditors that a lawsuit was filed.

I am not going to say their service would not work for some. What I will say is please take your time to analyze everything before signing. Don't make a rash decision. My debt was rearranged but now I owe about $11000.00 more because of this choice.

Just be careful.

Additional note.... After I spoke to the person on my account they actually charge 30% of the amount you owed and it is not clearly stated. I was told the following "With all due respect, nothing was hidden from you so just because you might have not read the contract before signing it, is not our fault" I did read my contract and I asked questions about this part of the contract he is referring to and was told that it was all part of the one fee not an additional fee.

Again Be Very Very Careful. I pay my bills and I pay them on time I just needed help and now I am $22000.00 more in debt.

I have also asked for copies of all of my negotiations and details about my account, such as the recorded calls and have not received them. I was warned that if I didn't take this message down they would have to give details about my account. I had no legal action taken against me before starting with this company and was in fact told to stop payment on my accounts, which caused a lot of problems.

I have a concern about Trustpilot as well. I was asked repeatedly and even somewhat threaten to take my review down. How is the rating of this company accurate if they intimidate people to remove reviews?

13 December 2019
Unprompted review
Business Debt Adjusters logo

Reply from Business Debt Adjusters

I understand that the process is a difficult one, We have resolved the issues with the creditors. We are very consistent with our message that this is to save your business, not reduce your principal.

The restructuring of your debt was necessary to stop the legal process that was started most likely before you enrolled in the program. Our program is one that is meant to save businesses in extreme hardship, I hope that you understand that getting you back to business with the minimum amount of interruptions. If we restructure the debt, that doesn't necessarily mean the process is done and we always have the option of going back and resettling the account. This is generally how we operate and most of our clients receive a settlement at the end.

You have the option of denying the restructures. We serve you and when those options were presented to you. You accepted the restructuring rather than declining it and asking us for settlement. We do need your written consent to move forward and we have received that on all reduced payments with the creditors.

Since you are not happy with the service, we have also reached out to you to provide a reduction in the fees as a way of mediating the situation. This is still pending with you.

Our sales process includes recorded compliance calls where we mention the fees and receive your acknowledgment that you understand. We also have a recorded call where the associate on the file explained to you the fees line by line and that is exactly why we review the contracts with our potential clients.

I'm sure an amicable resolution is possible, but a bad review of this nature can steer people away from our service. A service that has saved 6000 + business from filing for bankruptcy and succeeds to reduce your payments by 60% and turn your overwhelming debt into manageable weekly payments.

Rated 5 out of 5 stars

Adam Bowers is the gentleman with whom…

Adam Bowers is the gentleman with whom I am working. He is thorough, patient and understanding and thus far I am very very pleased with the plan to reduce my debt.
I am anxious to see how we can resolve my debt in a timely manner such that I can continue to run my business.

6 December 2019
Unprompted review

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