Occupy Wall St. Offshoot Aims to Erase People’s Debts

"The group, an offshoot of the Occupy Wall Street movement called Strike Debt, is trying to buy some of the debts that people have accrued — which lenders often sell for pennies on the dollar to third parties who either try to collect on it or bundle it up for resale. Strike Debt, however, is not looking to collect on them; instead it plans to give some debtors the surprise of a lifetime."