April 26, 2005

Mail Stop 0510

By U.S. mail and facsimile to (972) 447-0400

Mr. Kenneth Graham
Chief Executive Officer
International Debt Exchange Associates, Inc.
7531 Aberdon Road
Dallas, TX  75252

	RE:  	Form 8-K Item 4.01 filed April 25, 2005
		File # 000-50431

Dear Mr. Graham:

      We have reviewed your filing and have the following
comments.
If you disagree, we will consider your explanation as to why our
comments are inapplicable.  Please be as detailed as necessary
in
your explanation.  In some of our comments, we may ask you to
provide us with supplemental information so we may better
understand your disclosure.  After reviewing this information,
we
may or may not raise additional comments.

      Please understand that the purpose of our review process
is
to assist you in your compliance with the applicable disclosure
requirements and to enhance the overall disclosure in your
filing.
We look forward to working with you in these respects.  We
welcome
any questions you may have about our comments or on any other
aspect of our review.  Feel free to call us at the telephone
number
listed at the end of this letter.


1. Amend the Form to state whether the former accountant
resigned,
declined to stand for re-election or was dismissed.  Refer to
Item
304(a)(1)(i).

2. Item 304(a)(1)(ii) of Regulation S-K requires a statement
whether the accountant`s report on the financial statements for
either of the past two years contained an adverse opinion or a
disclaimer of opinion or was qualified or modified as to
uncertainty, audit scope or accounting principles; and a
description of the nature of each such adverse opinion,
disclaimer
of opinion, modification or qualification.  This would include
disclosure of uncertainty regarding the ability to continue as a
going concern in the accountant`s report.

3. The disclosure should also state whether during the
registrant`s
two most recent fiscal years and any subsequent interim period
through the date of resignation, declination or dismissal
(actual
date of change) there were any disagreements with the former
accountant on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure,
which disagreement(s), if not resolved to the satisfaction of
the
former accountant, would have caused it to make reference to the
subject matter of the disagreement(s) in connection with its
reports.  In the event of disagreement(s) and/or reportable
event(s), provide the specific disclosures required by Item
304(a)(1)(iv) and (v) of Regulation S-K.

Exhibit 16:

4. Please revise your letter from your former accountants to
include the date your Form 8-K was filed.  It does not appear
that
your Form 8-K was filed on August 20, 2004.

5. To the extent that you make changes to the Form 8-K to comply
with our comments, please obtain and file an updated Exhibit 16
letter from the former accountants stating whether the
accountant
agrees with the statements made in your revised Form 8-K.

Engagement of new accountant:

6. When you engage a new accountant, please report the
engagement
in a new Form 8-K and comply with the requirements of Regulation
S-
K Item 304 (a)(2).  In making any disclosures about
consultations
with your new accountants, please ensure you disclose any
consultations up through the date of engagement.

*  *  *  *  *

	We urge all persons who are responsible for the accuracy
and
adequacy of the disclosure in the filing reviewed by the staff
to
be certain that they have provided all information investors
require.  Since the company and its management are in possession
of
all facts relating to a company`s disclosure, they are
responsible
for the accuracy and adequacy of the disclosures they have made.

      In connection with responding to our comments, please
provide, in writing, a statement from the company acknowledging
that

* the company is responsible for the adequacy and accuracy of
the
disclosure in the filing;
* staff comments or changes to disclosure in response to staff
comments in the filing reviewed by the staff do not foreclose
the
Commission from taking any action with respect to the filing;
and
* the company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.

      In addition, please be advised that the Division of
Enforcement has access to all information you provide to the
staff
of the Division of Corporation Finance in our review of your
filing
or in response to our comments on your filing.

      Please file your supplemental response via EDGAR in
response
to these comments within 5 business days of the date of this
letter.  Please note that if you require longer than 5 business
days to respond, you should contact the staff immediately to
request additional time.  You may wish to provide us with marked
copies of each amended filing to expedite our review.  Direct
any
questions regarding the above to the undersigned at (202) 824-
5525.

								Sincerely,



								Ryan Rohn
								Staff Accountant
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Mr. Kenneth Graham
International Debt Exchange Associates, Inc.
April 26, 2005
Page 1 of 3



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-0510

         DIVISION OF
CORPORATION FINANCE