Ross Kilburn

Founder, American Default

Seattle, Washington

Two decades working directly with financially distressed American households — from property preservation on foreclosed homes in 2003, to negotiating over 1,000 short sales during the Great Recession, to foreclosure defense marketing today. He built the American Distress Index to fill a gap in public data that had been empty since 2013.

Credentials

Education
B.A., Peace and Conflict Studies
University of California, Berkeley — Class of 1992
Economic sustainability concentration
Published Author
The Ark Law Group Complete Guide to Short Sales
Auroch Press, 2013
Practical guide to short sale negotiation for distressed homeowners
Recognition
Puget Sound Business Journal Fast 50
Twice named to Fastest-Growing Private Companies list
For Ark Law Group, 2011–2013

Professional History

2018 – Present

Marketing Director — Foreclosure Defense Law Firm

Leads marketing for a Washington State foreclosure defense practice. Daily exposure to early-stage distress data — why homeowners fall behind, which programs work, and what the pipeline looks like before it reaches official statistics. American Default grew directly out of this work.

2015

American Distress Index — Founded

Created the American Distress Index to fill the gap left by the CredAbility Consumer Distress Index, which ceased publication in 2013. The ADI combines five statistically independent dimensions of household financial distress into a quarterly composite score. Full methodology published and open to scrutiny.

2011 – 2015

CEO — Ark Law Group

Founded and led a multi-state law group representing distressed homeowners in foreclosure, short sales, loan modifications, and bankruptcy across five states. Twice named to the Puget Sound Business Journal Fast 50. Published The Ark Law Group Complete Guide to Short Sales (Auroch Press, 2013).

2008 – 2011

Founder — Seattle Short Sales

Founded Seattle Short Sales at the onset of the 2008 crisis. Negotiated over 1,000 short sales between distressed homeowners and their mortgage servicers during the Great Recession — direct exposure to the mechanics of household financial collapse at scale.

2003 – 2008

Founder — Washington Foreclosure Assistance

Property preservation on foreclosed homes during the early-2000s housing run-up — the first of two decades spent inside the machinery of American household financial distress.

Why American Default Exists

The CredAbility Consumer Distress Index was the only public composite measure of U.S. household financial health from 1980 through 2013. When it ceased publication, the gap was never filled. For 13 years — through expansion, COVID-19, post-pandemic inflation, and the current cycle — no independent, transparent composite tracked whether American households were stable or falling behind.

American Default fills that gap. Built entirely from federal data sources (FRED, BLS, Federal Reserve Board, U.S. Courts, NY Fed), with full methodology published and calculations open to independent verification. The project updates automatically as long as federal data sources remain available.

Learn more about American Default →

Contact

For media inquiries, methodology questions, or data collaboration, email: contact@americandefault.org

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If you're struggling with debt or facing foreclosure, free help is available. Find help near you · Browse the Glossary · The U.S. Department of Housing and Urban Development provides HUD-approved housing counselors at no cost. You can also call 1-800-569-4287.