Our Next Campaign is Underway!

Our next Debt Jubilee Project campaign is under way!  We are seeking to raise $10,000 to purchase over $1.2M in delinquent medical debts in Davie, Yadkin, Surry, Stokes, Rockingham, and Guilford counties.  Churches, synagogues, and other organizations are invited to partner with us.  If you are an individual who wants to make a donation, click on the DONATE button to the right!

Forgiving Medical Debt

Trinity Moravian Church is partnering with RIP Medical Debt to purchase and forgive medical debt in our area.

Our first project last summer was able purchase — and forgive —  $1,165,796.61 in medical debts in Forsyth and Davidson counties, assisting a total of 1,356 real Triad families.   Our second campaign completed on January 31st, and was able to purchase $3,295,863.64 in medical debts.  We were able to help 3,133 families in Davidson county, 155 families in Davie county, and 67 families in Yadkin county.  Our next campaign will focus on Yadkin, Surry, Stokes, and Rockingham counties (details DBA).

How can we do this?  Medical debt is often sold off to a secondary market for pennies on the dollar.  RIP Medical Debt has created a visionary system where they intervene and buy that hard-to-collect debt for a penny on the dollar.

1 in 4 Americans owes medical debt that cannot be immediately paid.  More than half the personal bankruptcies in the US are due to medical debt.  The US is the only industrialized nation where an illness can reduce a family to poverty.  Until recently, medical debt was included in credit reports, crippling families’ ability to rent an apartment or buy a car.  Families working paycheck-to-paycheck who were “making it” before are driven into poverty by an illness or an accident, and the subsequent medical debt.