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It is very hard to buy your own debt. It is very easy to buy other's debt for very cheap and just write it off though. See: https://rollingjubilee.org/ https:
by llamataboot 7y ago
It is very hard to buy your own debt. It is very easy to buy other's debt for very cheap and just write it off though.
See:
https://rollingjubilee.org/ https://rollingjubilee.org/
https://www.theguardian.com/us-news/2016/jun/06/john-oliver-medical-debt-forgiveness-last-week-tonight https://www.theguardian.com/us-news/2016/jun/06/john-oliver-...
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You can, however, dispute your debt and make the process of collecting it legally arduous
https://debtcollective.org/ https://debtcollective.org/
- debtbuyersplus 7y agoUnfortunately, Rolling Jubilee has been quiet since 2014. I wonder what happened to them.
- rdtsc 7y ago> and just write it off though There are some difficulties in there such as the individual who got the loan written off, may have to pay income taxes on a part of the loan. It's still nice of course, but it's certainly not straightforward.