Jump to content

Sign in to follow this  
ICANHASMUNY?

10 Million in Med Debt forgiven in N Texas - RIP donation by Church

Recommended Posts

https://www.beckershospitalreview.com/finance/texas-church-forgives-10-5m-in-medical-debt.html

 

Covenant Church in Carrollton, Texas, donated $100,000 to RIP Medical Debt, a charity that buys and forgives medical debt for needy patients, which was used to pay off $10.55 million in medical debt, according to NBC 5.
With the help of RIP Medical Debt, which buys medical debt for pennies on the dollar, the church's donation will eliminate nearly 5,000 families' medical debt. The money will be used to help families in four Texas cities where Covenant has churches.
RIP Medical Debt is the same organization comedian John Oliver partnered with when he formed a debt collection business in 2016 and bought then forgave nearly $15 million in medical debt. Earlier this year, KIRO-TV, a CBS-affiliated TV station in Seattle, partnered with RIP Medical Debt to pay off $1 million worth of medical debt.
Covenant Church's donation combined with a donation by NBC 5's parent company and checks sent in to the television station have resulted in more than $18 million in medical debt eliminated in North Texas in less than two months, according to the report.

Share this post


Link to post
Share on other sites

Looks like a scam write off to me. These so called "medical debts" were invalid and all this accomplished was to provide the "donors" with a tax write-off and give the scam scum CAs $$ that they would have not been able to collect legitimately.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines