Reply #73

In the discussion thread: OWS to Buy, Forgive Distressed Consumer Debt [View all]

Response to dangerdoll (Reply #63)

Fri Nov 9, 2012, 02:46 PM

AllyCat (7,520 posts)

73. !

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164 replies	Author	Time	Post
OWS to Buy, Forgive Distressed Consumer Debt [View all]	bigtree	Nov 2012	OP
I love it. Helps those in need and strips some of the power away from	Live and Learn	Nov 2012	#1
Thinking outside of the box like this	Generic Other	Nov 2012	#2
Where da recs?	Leopolds Ghost	Nov 2012	#3
Du rec. Nt	xchrom	Nov 2012	#4
Occupy is amazing!	Cracklin Charlie	Nov 2012	#5
Oh, that is AWESOME!!!!!!	djean111	Nov 2012	#6
Way cool.	99Forever	Nov 2012	#7
This needs to spread like	Le Taz Hot	Nov 2012	#8
K&R This is a model for success. Hopefully it will catch on and rich people will start funding it.	Egalitarian Thug	Nov 2012	#9
K&R Support OWS.	woo me with science	Nov 2012	#10
This sounds useful.	randome	Nov 2012	#11
Sort of like KIVA	dixiegrrrrl	Nov 2012	#83
HUGE. Kick!!	navarth	Nov 2012	#12
This will put the debt-collection thugs out of business - best idea ever.	reformist2	Nov 2012	#13
rec!	SammyWinstonJack	Nov 2012	#14
I they forgive the debt, do the debtors have to pay income tax on the amount forgiven?	djean111	Nov 2012	#15
"Canceled Debt – Is It Taxable or Not?"	PoliticAverse	Nov 2012	#25
Then don't cancel the debt.	Sophiegirl	Nov 2012	#42
Sounds like a good idea if possible.	randome	Nov 2012	#46
I think it'd have to be $1.00 at a minimum.	TahitiNut	Nov 2012	#106
We could revive	Doc Holliday	Nov 2012	#156
Quitclams and releases still employ that language, as far as I know.	TahitiNut	Nov 2012	#158
If they are smart, they would not do it	AlexSatan	Nov 2012	#159
It might be able to be structured as a gift.	Ms. Toad	Nov 2012	#48
<$10,000/year	joeunderdog	Nov 2012	#139
Please pass this on to:	tavalon	Nov 2012	#146
I really wish I could afford, well maybe	DiverDave	Nov 2012	#152
It isn't accurate information	Ms. Toad	Nov 2012	#163
It's not quite that simple	Ms. Toad	Nov 2012	#162
Canceled Debts.... for any of the following exceptions or exclusions are not taxable"	dixiegrrrrl	Nov 2012	#71
Wow. This is one of the best grassroots ideas I've heard in a very long time.	distantearlywarning	Nov 2012	#16
I would too,	onethatcares	Nov 2012	#18
http://rollingjubilee.org/	tavalon	Nov 2012	#147
K&R. Publsihed to my Facebook network this a.m. One question: who decides	coalition_unwilling	Nov 2012	#17
excellent...	handmade34	Nov 2012	#19
Good to see they're finally doing something worthwhile...	SidDithers	Nov 2012	#20
You might want to check out the amazing work they are doing --	Hell Hath No Fury	Nov 2012	#55
+1!	dchill	Nov 2012	#65
Yep. Once again, the MSM lies spread far and wide to discredit progressives.	Dark n Stormy Knight	Nov 2012	#94
Don't mind Sid.	Scootaloo	Nov 2012	#143
.	Luminous Animal	Nov 2012	#109
Damn do-gooder liberals.	UnrepentantLiberal	Nov 2012	#128
Yo, Sid,	tavalon	Nov 2012	#148
K&R nt	TBF	Nov 2012	#21
That's an amazing idea.	groundloop	Nov 2012	#22
bump.	silvershadow	Nov 2012	#23
Donation link found!	AllyCat	Nov 2012	#24
by that calc, I just forgave $10,000 in debt! WHOOPEEE!!!	Kip Humphrey	Nov 2012	#53
Yeah! Wish I had that much to give, but think I'll	AllyCat	Nov 2012	#72
THANKS for finding/posting the link!	dangerdoll	Nov 2012	#63
!	AllyCat	Nov 2012	#73
Bookmarked	Kaleva	Nov 2012	#77
Kick! Thanks for posting this, AllyCat!	calimary	Nov 2012	#98
DAMN! That felt GOOD!!	TahitiNut	Nov 2012	#107
Excellent! Though I do wonder...	Bibliovore	Nov 2012	#130
This is a wonderful idea...	one_voice	Nov 2012	#133
Thanks! I love this idea!	myrna minx	Nov 2012	#155
The people of OWS are AWESOME! They are tenacious, caring, determined, smart and love this country	judesedit	Nov 2012	#26
Wow - that's perfect.	Lucy Goosey	Nov 2012	#27
Whoohoo! K&R!	Fire Walk With Me	Nov 2012	#28
OWS	SamKnause	Nov 2012	#29
Sounds good ...	1StrongBlackMan	Nov 2012	#30
You can buy debt sometimes pennies on the dollar......	AnneD	Nov 2012	#31
donation link above and at second OP embedded link.	AllyCat	Nov 2012	#33
I was just looking at it.....	AnneD	Nov 2012	#36
Oh, I didn't know about People's Bank. Not sure I have that kind of cash, but	AllyCat	Nov 2012	#37
"The People's bank"---Are you talking about the Lending Club?	dixiegrrrrl	Nov 2012	#84
And with this single action	Downtown Hound	Nov 2012	#32
Great heavenly days. What a tremendous idea!!	efhmc	Nov 2012	#34
This is incredible!	liberalmuse	Nov 2012	#35
Robin hood! how beautifully genius!	robinlynne	Nov 2012	#38
This is another earthshatteringly brilliant idea by OWS. K&R	stevenleser	Nov 2012	#39
It's neither 'earthshattering' nor 'brilliant'. It is, however, a 'great' idea.	randome	Nov 2012	#86
Your concern over my degree of enthusiasm is noted.	stevenleser	Nov 2012	#108
It is BOTH earthshattering & brilliant!	LeftofObama	Nov 2012	#117
It IS a fantastic idea, and I am very excited about it.	stevenleser	Nov 2012	#161
Hypberbole does not help dismiss the organizations you have always wanted to dismiss.	sabrina 1	Nov 2012	#127
interesting	heaven05	Nov 2012	#40
HUGE K & R !!!	WillyT	Nov 2012	#41
I have $500	Sophiegirl	Nov 2012	#43
What a clever, incredible idea!	Barack_America	Nov 2012	#44
Love love love OWS, they are da bomb!!	lark	Nov 2012	#45
I think that's great. Possibly the most constructive thing I've heard from OWS. nt	msanthrope	Nov 2012	#47
They should do a big holiday push.	Barack_America	Nov 2012	#49
kick and rec!	lunatica	Nov 2012	#50
K&R	Magoo48	Nov 2012	#51
So what would happen if a person bought their own debt for pennies on the dollar???	ret5hd	Nov 2012	#52
This....	Buddyblazon	Nov 2012	#54
You'll have to default on them (and trash your credit) first.	Barack_America	Nov 2012	#74
I paid off my student loan for 10 cents on the dollar.	dixiegrrrrl	Nov 2012	#85
Don't forget the system is rigged for the other side!	airplaneman	Nov 2012	#67
actual solutions to real problems...	lame54	Nov 2012	#56
kick	BillyJack	Nov 2012	#57
Bravo! n/t	ohheckyeah	Nov 2012	#58
I don't get it	demhottie	Nov 2012	#59
Debt can be sold again and again --	Hell Hath No Fury	Nov 2012	#60
Exactly - the benefit is you are no longer afraid to answer the phone.	jwirr	Nov 2012	#80
I can't even imagine...	OneGrassRoot	Nov 2012	#100
People will be able to move on with their lives. It's a big deal.	reformist2	Nov 2012	#66
Don't forget	robbob	Nov 2012	#81
Good questions. Thanks.	randome	Nov 2012	#82
Well, honestly, what you are apparently missing here is an understanding of	Zorra	Nov 2012	#115
Zorra, you nailed it - it's truly a soul-sucking experience to be mired in debt.	groundloop	Nov 2012	#119
But will they know?	druidity33	Nov 2012	#124
the original creditor may have written off the debt	dlwickham	Nov 2012	#134
Now that's productive activism--very well done. nt	MADem	Nov 2012	#61
Sort of like the non-government version	adieu	Nov 2012	#62
wow this is reverse capitalism !	airplaneman	Nov 2012	#64
Now, THIS is a Revolutionary Idea!	yellerpup	Nov 2012	#68
We're trying. Thanks bigtree.	mmonk	Nov 2012	#69
Rec'd! A very interesting idea.	Kaleva	Nov 2012	#70
OWS changed everything and keeps on truckin!!!	EarthGurl2012	Nov 2012	#75
This is the best stimulus package I have seen in this whole mess. I am one of those distressed	jwirr	Nov 2012	#76
This is BRILLIANT!	JNelson6563	Nov 2012	#78
My world would change if they bought my student loan off....	glinda	Nov 2012	#79
Me too-	solara	Nov 2012	#120
excused debt	dexter76	Nov 2012	#87
Did you voluntarily create medical debt? Are you going to create more?	uppityperson	Nov 2012	#88
excused debt	dexter76	Nov 2012	#91
I think you missed the part about student loan debt and NOT FINDING A JOB!	AllyCat	Nov 2012	#122
Stuff happens	footinmouth	Nov 2012	#89
excused debt	dexter76	Nov 2012	#92
No one here but us takers.	myrna minx	Nov 2012	#97
perhaps we could proclaim	azurnoir	Nov 2012	#103
The only ones in our society getting a free ride	Tsiyu	Nov 2012	#112
Welcome to DU!!!	tomm2thumbs	Nov 2012	#114
By the time your debt gets cheap, you've already been screwed to the equator and back n/t	Mopar151	Nov 2012	#144
"Posting privileges revoked"	TahitiNut	Nov 2012	#110
Force multipliers	mick063	Nov 2012	#90
Off Topic	eridani	Nov 2012	#105
The only one avaiable from DU	mick063	Nov 2012	#118
So what's to stop me from setting up a shell corporation, racking up a bunch of personal debt	ChillZilla	Nov 2012	#93
No it is not that simple.	djean111	Nov 2012	#102
K&R	TheUnspeakable	Nov 2012	#95
Cool. This is great for collection agencies, brings them some revenue they might not	jtuck004	Nov 2012	#96
They don't pay off debt by choosing individuals.	djean111	Nov 2012	#99
If we just step back and look at this as helping the country full of citizens,	djean111	Nov 2012	#101
Wow, this is a FANTASTIC idea.	Doremus	Nov 2012	#104
woot. yes we can.	limpyhobbler	Nov 2012	#111
Wow, that's an amazing trick. Beat them at their own game. I like it!!	johnnyrocket	Nov 2012	#113
there are no words of love from me for them that are big enough	roguevalley	Nov 2012	#116
OWS I Love YOUS!	undergroundpanther	Nov 2012	#121
This is very cool ...	aggiesal	Nov 2012	#123
THAT! IS BRILLIANT	Matariki	Nov 2012	#125
This is almost to good to be true.	Auntie Bush	Nov 2012	#126
Very big. Go OWS	Politicub	Nov 2012	#129
Now that is just fucking awesome!	lonestarnot	Nov 2012	#131
What a great cause!	silverweb	Nov 2012	#132
This just gave me an AWESOME idea	JonathanBrowne	Nov 2012	#135
The haggle-I think you have a really great idea...	DianaForRussFeingold	Nov 2012	#142
If you do it like that they are "settling" for a lesser amount	djean111	Nov 2012	#164
Excellent!	GrannyK	Nov 2012	#136
What a great idea!	Change has come	Nov 2012	#137
huh. I had an outstanding debt disappear from my credit report last week...	bunnies	Nov 2012	#138
Sometimes it depends upon the State Laws and how long the debt has been or	glinda	Nov 2012	#140
This is amazing and it gives me hope	Tree-Hugger	Nov 2012	#141
What a difficult situation.	Barack_America	Nov 2012	#157
The direct website to help OWS with this worthy, worthy, worthy, cause is:	tavalon	Nov 2012	#145
K&R nt	ProudProgressiveNow	Nov 2012	#149
Please buy mine...It'll be cheap lol	DiverDave	Nov 2012	#150
Now that's something Bill Gates can do with his foundation.	lalalu	Nov 2012	#151
Excellent idea.	malthaussen	Nov 2012	#153
The best news I have heard in a long time - maybe ever! n/t	AnnieK401	Nov 2012	#154
Kick	woo me with science	Nov 2012	#160

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