It’s cool that debt is so fake you can buy it at a tenth of a penny on the dollar or wahtever the fuck, but you can’t buy your own debt.
Burn it. Burn it all.
Can we start a debt buying cooperative? I buy your debt and you buy my debt and together we all make it go away
deleted by creator
how feasible it would be
concerning.
Looking into it
One of the better things that came out of the Occupy movement in '11 was a rolling jubilee movement that raised money to buy up medical debt then tear it up. It’s been done before. It mights till be happening, let me look.
https://www.theguardian.com/world/2013/nov/12/occupy-wall-street-activists-15m-personal-debt
https://en.wikipedia.org/wiki/Strike_Debt
https://www.theguardian.com/world/2012/nov/15/occupy-rolling-jubilee-debt-forgiveness
When gutter-pagans do more praxis than your average prosperity gospel christian.
Christians would buy the debt and then try to collect on it, tithe* on what earnings they make, and then testify to god’s goodness for blessing them so much.
* not really lol
That’s not fair. There have been other stories of Christian churches that have bought and canceled debt in this fashion (a couple examples, literally just the top search results):
- Trinity Moravian, NC - $3.3 million
- St. Bede’s Episcopal, NM - $1.38 million
- Capitol Hill Luthern, IA - $5 million
- Northview Church, IN - $4 million
- UCC Missouri Mid-South Conference $3.9 million
The similarity here is that all of these debt purchases were actually through the RIP Medical Debt non-profit. It’s the scale of the buys that allow them to be bought at that rate, and any organization that can raise some thousands of dollars can wipe out millions in debt through this manner.
Sounds like actually effective charity that actually helps people. I hope it’s legit.
This is genuinely wholesome and I love it.
It’s wild to me one or a group can purchase debt, and be able to purchase high amount of it rather cheapy. That’s just a bonkers concept to me.
tries to make it hard-to-illegal for non to buy such debts, though. Because they may be discharged like this.
Oh for sure! I’m all for people exploiting any crack in the system especially when that exploitation is for the betterment of others, don’t get me wrong. Very glad that dirtbag queer gutter-pagan are doing right by people.
2050s Shadowrunners according to FASA: Shadowrunners are off-the-grid pagan witches saving people from crushing medical debt.
2070s Shadowrunners according to WizKids: Shadowrunners are sociopathic influencers with Internet-Of-Everything guns and knives, equipped with numerous fake IDs because the surveillance state is too perfect to hide from anymore.
They can purchase their place alongside the wall
Student Loans now pls
Heck yeah!
i am down to do this i just dunno how
If they can do this why can’t I buy say a relative’s debt and nuke it?
Debt has little to no reason to exist the way it does.