New Jersey church helps erase nearly $14M in medical debt

Liquid Church, a church with multiple locations in New Jersey, fundraised money to help wipe out $13.7 million in medical debt for about 3,800 families, according to a Feb. 4 report from The Christian Post.

The church partnered with nonprofit RIP Medical Debt for the effort. Through partnerships like this, organizations raise money so RIP Medical Debt can use the funds to purchase and forgive medical debt for pennies on the dollar.

Liquid Church's fundraiser is one of the many partnerships with churches the New York City- based nonprofit has pursued since its conception in 2014. According to RIP Medical Debt, two-thirds of all U.S. bankruptcies stem from medical debt, and one-quarter of all U.S. credit card debt is medical-related.

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