Central New Jersey - RIP Medical Debt

Central New Jersey Campaign

Every dollar you donate forgives $100 in medical debt!

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Campaign Created ByFirst Presbyterian Church of Dutch Neck

We are all called to help and serve others. This Lent and Eastertide, we are working to relieve the burden of medical debt for people in central New Jersey who meet at least one of the following criteria:

  1. Earn less than 2x the federal poverty level.
  2. Debts are 5 percent or more of their annual income.
  3. Facing insolvency — debts are greater than assets. 

Medical debts are believed to be the #1 cause of personal bankruptcy in America.  We expect every $1 donated will forgive roughly $100 in medical debt.  Our goal is to raise at least $15,000 to forgive somewhere around $1.5 million dollars of debt in central New Jersey.

Too many of our neighbors are laboring under crushing debt.  “Lord, help us to work & pray for a debt-free world, as you taught us.” – The Rev. Dr. William J. Barber II


Sponsor:
First Presbyterian Church of Dutch Neck

Campaign Support Recipients
Central New Jersey
$652.73
raised of $15,000.00 goal
4%
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Fundraise for This Campaign

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How RIP Works

Over a hundred million Americans, one in three, struggles with the weight of medical debt.

Here’s how we lift them up.


You make a donation

With every donation, RIP uses its precise data analytics to pinpoint the medical debt of those most in need of relief: households whose income is below twice the federal poverty line or are insolvent.

RIP buys medical debt at a steep discount

Your donations allow us to buy debt in bundles. That allows us to buy debt at a fraction of the original cost. So whatever you donate has 100x the impact.

Together we wipe out medical debt

People receive a letter that their debt is gone. No taxes. No penalties. Just like that, they're free of medical debt.

Frequent Questions

Yes. We are a 501(c)(3) charity and your donation is 100% tax deductible.


Relevant Documents:

When we purchase a portfolio of medical debt, we abolish debt for individuals who:

  • Earn less than 2x the federal poverty level (varies by state, family size).
  • Debts are 5 percent or more of annual income.
  • Facing insolvency — debts are greater than assets.

We only buy debt that has been pre-qualified by our partners to meet at least one of these three criteria. 

We never collect on debt we purchase, only forgive it.

No. With your help, we abolish medical debt permanently. Recipients have no adverse tax consequences, obligations, or strings attached.

For those whose medical debts are forgiven, the forgiveness is a gift from a detached and disinterested third party (RIP) as an act of generosity, so forgiveness of the debt does not count as income to the debtor. We will not file a Form 1099-C with the IRS.

Due to HIPAA laws, RIP Medical Debt cannot disclose the names of the debt relief beneficiaries.

RIP Medical Debt cannot relieve debt by individual request.

While we would love to help everyone who needs assistance, RIP Medical Debt cannot abolish medical debt for specific individuals. We approach the problem of medical debt by acquiring large portfolios of debt to help thousands of people at once.

Because medical debt affects so many people who may not have debt accounts in the portfolios we purchase, we have compiled a list of resources that may be able to help in ways RIP Medical Debt cannot.

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Campaign Created ByMontclair Interfaith Clergy Association
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Campaign Created ByChristians for Southwest Florida
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Campaign Created ByJerry Ashton, Co-founder of RIP Medical Debt