This spring and summer we worked to relieve the burden of medical debt for people in central New Jersey who meet at least one of the following criteria:
Earn less than 2x the federal poverty level.
Debts are 5 percent or more of their annual income.
Facing insolvency — debts are greater than assets.
Medical debts are believed to be the #1 cause of personal bankruptcy in America. We expect every $100 donated will forgive roughly $10,000 in medical debt. Our goal was to raise at least $15,000 to forgive somewhere around $1.5 million dollars of debt in central New Jersey. As of July 31 we raised $16,551.21!
RIP is now working on buying medical debt with the money we raised.
Too many of our neighbors are laboring under crushing debt. We can make a direct difference to their lives by relieving them of this burden. What an amazing opportunity!
“Lord, help us to work & pray for a debt-free world, as you taught us.”