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Comment by sandworm101 | Hacker News Reader

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Junk bonds. Packages containing failed/failing mortgages. Unsecured medical debt.

Good grief, can you imagine trying to sleep at night with a portfolio of unsecured medical debt? "Pay me for your cancer treatment!"

If you want to feel good, buy it for pennies and then forgive it. 100$ to you can be several thousand to someone owing the debt.

You can do exactly this through: https://ripmedicaldebt.org

This would be a good NFP strategy until US gets universal healthcare

@hanklazard best me to it

Could you in theory buy your own debt?

Yes. Or just negotiate it with the current holder, knowing what it goes for on the market.

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