Lou Swain Memorial Campaign
Abolish burdensome medical debt today!
Since February 2020, Elizabeth R. McClellan in conjunction with the family of Lou Swain has been supporting and encouraging others to support RIP Medical Debt fundraisers in Lou’s memory. Lou Swain was a tireless servant of the poor during her lifetime and knew firsthand the suffering and anxiety that medical debt places on those living in poverty. In her memory, our coalition of donors and supporters on Twitter have helped complete existing debt forgiveness initiatives for rural Georgia, Memphis, East Tennessee, and Florida.
Now we are hosting our own fundraiser to forgive debt in Kentucky and Tennessee, to continue to assist the rural poor as Lou Swain did during her lifetime. Every $1 you donate forgives $100 in debt directly for a person in poverty in Kentucky and Tennessee. Join with us in honoring the life of an advocate by giving the gift of debt forgiveness to poor families, allowing them to rehabilitate their credit, and relieving them from dealing with debt collectors and their predatory tactics.
Campaign Support Recipients
- Elizabeth M. just donated $6.18
- Allan W. just donated $10.46
- Elizabeth M. just donated $20.72
- Anna W. just donated $50
- Michael K. just donated $10.46
- David R. just donated $5.33
- Molly G. just donated $5.33
- Virginia R. just donated $51.49
Fundraise for This Campaign
Start a fundraiser to help those in need. Set a personal fundraising goal and track online donations easily with RIP.
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.
Yes. We are a 501(c)(3) charity and your donation is 100% tax deductible.
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.