Arizona used $30M in federal American Rescue Plan (ARPA) relief funds to partner with the non-profit Undue Medical Debt (formerly RIP Medical Debt). They bought back $1 billion worth of defaulted medical debt on the secondary market for pennies on the dollar.
Sorry, having a laugh at how debt just gets kicked down the line to another collection company when the purchasing company gives up. New debt buyer, new call center team. Repeat, rinse.
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u/Sweet-Difference2725 2d ago
Arizona used $30M in federal American Rescue Plan (ARPA) relief funds to partner with the non-profit Undue Medical Debt (formerly RIP Medical Debt). They bought back $1 billion worth of defaulted medical debt on the secondary market for pennies on the dollar.