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SAVANNAH, Ga. - GeorgiaChron -- Savannah, GA — Broughton Partners announced that their support of a local campaign for Undue Medical Debt abolished $2.4 million of debt in the Savannah area, and over $5 million in the Upstate region of South Carolina. Broughton Partners contributed about half of the donations to a campaign that raised $59,000, and abolished a total of $8.4 million of debt across almost 8,000 individuals.
Undue Medical Debt is a nonprofit that qualifies and assists groups of individuals and families by buying large portfolios of debt from medical providers and debt sellers on the debt market (for pennies on the dollar) and then forgiving it. As little as $1 donated to Undue can alleviate $100 of medical debt. The debt is removed from credit reports and can no longer be collected on.
This initiative was supported through the BP Cares program.
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Broughton Partners was built from the ground up by Georgia locals who have a long and proud legacy supporting the communities where they work and live. They do this by giving, volunteering, and focusing on the key issues that are affecting the people in the local neighborhoods, stores, and schools as well as partnering with businesses and causes that help promote community support programs. https://www.broughtonpartners.com/
Cason Carter, founder and CEO of Broughton Partners and a graduate of Clemson University said, "Unexpected illnesses, accidents or diagnoses of diseases are crippling enough. Not having the financial wherewithal to address the costs associated with them makes it significantly worse. When we learned about Undue Medical Debt's mission and the fact that medical debt is the leading cause of personal bankruptcy, we saw an excellent fit for our BP Cares program. The decision to support this campaign was an easy one from there."
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The debt for these nearly 8,000 individuals was paid off just before the holidays. Each recipient received a letter informing them that their debt was paid in full.
Undue Medical Debt is a national, 501(c)(3) nonprofit which acquires medical debts belonging to those least able to pay in large, bundled portfolios for pennies or less on the dollar. Qualifying patients are four times (400%) or below the federal poverty level or have medical debt that equals 5% or more of their annual income. Medical debt relief is source-based, meaning the nonprofit can only acquire qualifying medical debts from providers who agree to be partners like hospitals and physicians' groups (along with debt buyers and collection agencies). Debt relief cannot be requested.
Undue Medical Debt is a nonprofit that qualifies and assists groups of individuals and families by buying large portfolios of debt from medical providers and debt sellers on the debt market (for pennies on the dollar) and then forgiving it. As little as $1 donated to Undue can alleviate $100 of medical debt. The debt is removed from credit reports and can no longer be collected on.
This initiative was supported through the BP Cares program.
More on Georgia Chron
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Broughton Partners was built from the ground up by Georgia locals who have a long and proud legacy supporting the communities where they work and live. They do this by giving, volunteering, and focusing on the key issues that are affecting the people in the local neighborhoods, stores, and schools as well as partnering with businesses and causes that help promote community support programs. https://www.broughtonpartners.com/
Cason Carter, founder and CEO of Broughton Partners and a graduate of Clemson University said, "Unexpected illnesses, accidents or diagnoses of diseases are crippling enough. Not having the financial wherewithal to address the costs associated with them makes it significantly worse. When we learned about Undue Medical Debt's mission and the fact that medical debt is the leading cause of personal bankruptcy, we saw an excellent fit for our BP Cares program. The decision to support this campaign was an easy one from there."
More on Georgia Chron
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The debt for these nearly 8,000 individuals was paid off just before the holidays. Each recipient received a letter informing them that their debt was paid in full.
Undue Medical Debt is a national, 501(c)(3) nonprofit which acquires medical debts belonging to those least able to pay in large, bundled portfolios for pennies or less on the dollar. Qualifying patients are four times (400%) or below the federal poverty level or have medical debt that equals 5% or more of their annual income. Medical debt relief is source-based, meaning the nonprofit can only acquire qualifying medical debts from providers who agree to be partners like hospitals and physicians' groups (along with debt buyers and collection agencies). Debt relief cannot be requested.
Contact
Scott Crawford, VP of Sales, Broughton Partners
Shelley Galloway, Head of HR, Broughton Partners
***@broughtonpartners.com
Scott Crawford, VP of Sales, Broughton Partners
Shelley Galloway, Head of HR, Broughton Partners
***@broughtonpartners.com
Source: Broughton Partners
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