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The Independent UK

National

Tom Murphy

RIP Medical Debt seeks to buy, resolve more hospital debt

RIP Medical Debt

ASSOCIATED PRESS

RIP Medical Debt has found a working formula to relieve medical debt for millions of people. It still has room to grow.

The New York nonprofit uses donations to buy medical debt in bulk from hospitals and debt collectors for pennies on the dollar. It mostly targets the debt of people with low incomes and then forgives the amounts.

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