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John Oliver buys up $15 million in medical debt, forgives debts

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On Last Week Tonight on Sunday, John Oliver discussed debt collection companies and proved how incredibly simple it is to start one up and jump right into the business of harassing the disadvantaged for money they often don’t have.   Calling it, “disturbingly easy,” Oliver started his company and website and named it, “Central Asset Recovery Professionals” or “CARP — after the bottom-feeding fish.” Faster than lightning, CARP was offered $15 million in medical debt  for the impossibly low price of $60k. CARP took the deal along with the personal information of 9,000 folks who were experiencing medical difficulties and the bills that come with them. Rather than go after those people, CARP has opted to forgive those debts making $15 million the biggest TV show giveaway in history

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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)

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