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RIP Medical Debt
80 Theodore Fremd Ave.
Rye, NY 10580
Earmark your donation for this campaign by including a note or by writing "Hamilton NE" in the memo line of a check.
About this Fundraiser:
Helping Nebraskans live "The Good Life"
When our ministerial association became aware of the devastating impact medical debt was having on struggling families in their communities, a powerful spiritual movement united them to action. Jesus said the two most important commandments are to love God and love our neighbors. Our goal is to eradicate medical debt carried by people who we consider our neighbors in Nebraska. That amounts to $3 million dollars over the entire state.
Through our denominational and interfaith connections, as well as support from every local church in Nebraska, we intend to raise $30,000 in order to completely eliminate this crushing debt. The Hamilton County Ministerial Association has begun this campaign with a $1,000 donation from funds that are raised to assist people in our county. Paralyzing medical debt, the #1 cause of bankruptcy in the US, has shattered lives as well as credit scores further exacerbating people's plight. Imagine if every ministerial and interfaith association, church and donomination united to help!
Here's how it works: when a hospital turns a medical bill over for collection, they actually sell that bill to the collection agency for about 10 cents on the dollar. RIP Medical Debt buys that discounted debt from the collection agency, using donated money, and forgives it — the person who was once weighed down with crushing medical debt is free - no strings attached! The group targets the medical debts of persons who earn less than 200 times the federal poverty level; whose debts are greater than 5% of their annual income; or whose debts are greater than their assets.
Paying this debt for those in need is a game-changer — creating the chance for a new financial start. As we move towards the celebration of Easter, we invite you to help create new life where there seemed to be none, hope where there has been despair, and a loud "YES" to those who are praying for help.
Who Is RIP Medical Debt?
RIP Medical Debt uses donations to purchase bundled medical debt portfolios that have gone through collection agencies for months or years. Using third-party credit data providers, it targets debt incurred by people facing financial hardship, and then forgives it. On average, $1 is leveraged to abolish $100 in medical debt.
Please see the full FAQ below and visit www.ripmedicaldebt.org for more information.
RIP Medical Debt's Federal Tax ID is 47-1442997.
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