Tech Relieves Debt Campaign
Eradicate medical debt for pennies on the dollar.
Every dollar donated goes 100% towards debt relief!
Every day 79,000,000 Americans choose between paying their medical bills and basic needs like food and shelter
Thank you for giving me the chance to share my passion for this mission!
Given most of my network is in high tech, I’m reaching out to anyone and everyone in the industry (and others) to help out!
For the majority of us working in tech, we typically do not have the burdens that many in this country have related to medical bills, particularly large and unexpected bills.
However, there is an estimated $1 trillion of unpaid and unpayable medical bills.
Medical Debt is a burden that devastates the most vulnerable in our country.
2/3 of all bankruptcies are related to medical debt.
25% of all credit card debt is medical debt.
1 in 2 do not go to a doctor when sick to avoid costs.
As a nonprofit, RIP Medical Debt has abolished close to $4 billion of medical debt by
- identifying those most in need of debt relief
- purchasing debt for pennies on the dollar
- eliminating the debt in its entirety restoring credit destroyed by medical debt
Here is the amazing part!
For every dollar raised, ONE HUNDRED DOLLARS of debt is wiped out!
You read it right. By buying debt at deep discounts, your donation actually has 100X the impact!
Remember, you won’t just be donating to RIP Medical Debt. You’ll be providing a second chance and making a life-changing impact for thousands of families across the United States.
Will you help us reach
$20,000 to make $2 Million in medical debt disappear
and restore credit to families across the United States?
100% of your donation will go to debt relief & my wife and I will match the first $10,000 donated!
Campaign Support Recipients
- James I. just donated $200
- Anonymous just donated $51.49
- Beth M. just donated $50
- Carla S. just donated $102.77
- Ursula A. just donated $200
- Laura B. just donated $100
- Erin M. just donated $102.77
- Patricia R. just donated $102.77
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 relieve 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 relieved, the relief is a gift from a detached and disinterested third party (RIP) as an act of generosity, so relief 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.