how it works 2017-08-16T04:47:25+00:00

How it Works

RIP Medical Debt was founded with the mission of seeking out, buying, and forgiving unpaid and unpayable personal medical debt.

RIP Medical Debt works to abolish medical debt. For Good.

How is this possible?

Outstanding medical debt often is bundled into portfolios for sale on the secondary debt market (similar to mortgages). Using sophisticated data analytics, RIP can search medical debt portfolios to pinpoint those bundles most in need of relief. We then negotiate to purchase that debt at significantly reduced rates- pennies on the dollar (average ratio is 1:100). Such reduced rates typically are available only to large organizations in the debt buying industry.

Once medical debt is purchased, RIP then forgives the debt and informs those helped that they are forever free from that particular debt and its blemish on their credit report.

We regret that RIP cannot forgive medical debt for specific individuals… at this time. We’re evolving. In case we ever can, you can register for personal medical debt forgiveness on our get help page.

You can help us abolish more debt by making a donation today.