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Reposted by Debt Collective 🟥

Tony Plunkett @tblankets.bsky.social · 1d

Please sell us the debt we promise to do the right thing [cancel it]

Debt Collective 🟥 @debtcollective.bsky.social · 2d

Now: Debt Collective Raises Hand to Purchase Chunk of Federal Government Student Debt Portfolio

The Debt Collective has purchased billions in household debt over the past decade

WASHINGTON, D.C. — Today, after a new POLITICO report that the Trump administration is “exploring options to sell off parts of the federal government’s $1.6 trillion student loan portfolio to the private market,” the Debt Collective is announcing its willingness to purchase the entire portfolio for its true market value. The Debt Collective will then subsequently cancel the debt.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

In 2016, the Rolling Jubilee Fund purchased over half a billion dollars worth of judgement debts as part of a class action settlement. Between 2012-2015, the Rolling Jubilee Fund made several multi-million dollar purchases of medical debt, private probation debt and student debt.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

The Debt Collective’s Rolling Jubilee Fund has purchased a variety of household debts, not just student loans. In 2018, the Debt Collective’s Rolling Jubilee made a $42M+ purchase of AT&T Wireless Debts as part of a class action settlement.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

In 2022, the Debt Collective’s Rolling Jubilee Fund purchased nearly $16M of student debt from Vista College, a private university in Texas.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

In 2022, the Debt Collective’s Rolling Jubilee Fund made another multi-million dollar purchase from Bennett College, a private university looking to get looming debt off its books.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

Debt Collective, the nation’s first union of debtors, has a long history of participating in the private sector to purchase student loan debt. In 2023, the Debt Collective’s Rolling Jubilee Fund purchased nearly $10M of student loan debt directly from Morehouse College.

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Debt Collective 🟥 @debtcollective.bsky.social · 1d

good if they sell it to us. bad if they do anything else.

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Debt Collective 🟥 @debtcollective.bsky.social · 2d

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Debt Collective 🟥 @debtcollective.bsky.social · 2d

New POLITICO report: Trump admin is “exploring options to sell parts of the government’s $1.6T student loan portfolio to the private market.”

We're announcing our willingness to purchase the portfolio for its market value. We will then subsequently cancel the debt.
www.politico.com/news/2025/10...

Trump administration considers sale of federal student loan debt

The discussions have taken place among senior Education Department and Treasury Department officials.

www.politico.com

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Reposted by Debt Collective 🟥

Michael Friedrich @mfriedrichnyc.bsky.social · 2d

A group of former tenants has organized the first rent debt strike in U.S. history. They are refusing to pay back unjust debts to Equity Residential, a corporate landlord accused of widespread misconduct. I wrote about their campaign for @prospect.org. prospect.org/infrastructu...

Rent Debtors Strike Against Abusive Corporate Landlord

The Debt Collective is leading the charge against the real estate behemoth Equity Residential.

prospect.org

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Debt Collective 🟥 @debtcollective.bsky.social · 3d

true. trying.

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Debt Collective 🟥 @debtcollective.bsky.social · 3d

yeah, them!

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Debt Collective 🟥 @debtcollective.bsky.social · 3d

You need to know and understand who BlackRock is.

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Reposted by Debt Collective 🟥

In These Times @inthesetimes.com · 6d

🔥Tenants are striking—not against rent, but against rent debt.

Former residents of corporate giant Equity Residential say bogus fees + predatory practices left them owing thousands they don’t actually owe.

These Tenants Are Going on Strike Against ‘Rent Debt’

A new kind of tenants union is ramping up the pressure on corporate landlords.

inthesetimes.com

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Reposted by Debt Collective 🟥

In These Times @inthesetimes.com · 6d

Organized with support from the @debtcollective.bsky.social, former tenants of Equity Residential, a real estate investment trust that owns more than 80,000 apartments nationwide, are refusing to pay rent debt they say stems from predatory practices.

inthesetimes.com/article/tena...

These Tenants Are Going on Strike Against ‘Rent Debt’

A new kind of tenants union is ramping up the pressure on corporate landlords.

inthesetimes.com

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

If you owe back rent debt to Equity Residential or *any* corporate landlord in the country, you can now go to backrentdebt.org and begin a debt-dispute process. We just created a new, free, first-of-its-kind tool to help tenants and debtors fight back.

Debt Collective 🟥 @debtcollective.bsky.social · 7d

Just Now: A group former tenants who all owe crushing amounts of rent debt —from $200 to over $50,000—just announced themselves on debt-strike.

They will refuse to pay their unjust debts to Equity Residential, the 5th largest corporate landlord in the United States.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

If you owe back rent debt to Equity Residential or *any* corporate landlord in the country, you can now go to backrentdebt.org and begin a debt-dispute process.

We just created a new, free, first-of-its-kind tool to help tenants and debtors fight back.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

Just Now: A group former tenants who all owe crushing amounts of rent debt —from $200 to over $50,000—just announced themselves on debt-strike.

They will refuse to pay their unjust debts to Equity Residential, the 5th largest corporate landlord in the United States.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

Today, we're launching the first ever rental debt strike in U.S. history against Equity Residential, the 5th largest corporate landlord in the nation.

9 brave folks —the EQR 9— will collectively refuse to pay their rental debt.

Equity Residential (EQR) has an annual income of ~$2 billion.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

3. (This one is really important) Current and former tenants of Equity Residential (EQR)? Why Equity Residential?

Because we are launching a debt-strike against EQR.

Live in an Equity Residential (EQR) building?

Join us by going to eqrdtu.org for a novel fight.

EQUITY RESIDENTIAL DEBTORS & TENANTS UNITED

EQRDTU.ORG

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

Who should use this tool?

1. Anyone who owes rent debt to their current or former landlord.

2. Tenants and former tenants of other landlords, particularly corporate landlords, who want a written account of their practices to help you fight back.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

If you have rent debt, you can use the tool to generate letters you can send to various actors as part of your debt dispute process. If thousands of us dispute our debts—and inform regulators of these disputes—it will drastically raise the cost of collecting these debts.

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Debt Collective 🟥 @debtcollective.bsky.social · 7d

We just built a NEW tech tool that *any current or former tenant* in the entire country can use for free — it will generate a legal letter for you that reports to collections agencies, credit bureaus and regulatory agencies.

Go to reportmylandlord.org to fight back.

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Reposted by Debt Collective 🟥

Rachel Cohen Booth @rcobooth.bsky.social · 8d

Tomorrow activists are launching a novel rent debt strike against one of the largest corporate landlords in the country.

I report on their strategy and national goals

Vox @vox.com · 8d

A small group of former Equity Residential tenants is launching a first-of-its-kind back rent debt strike that will go public in early October. The campaign's broader strategy is to challenge what organizers see as systematic abuse of renters.

Tenants say it’s time for landlords to cancel back rent debt

Tenants are going on strike against their landlords.

www.vox.com

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Reposted by Debt Collective 🟥

Braxton 🟥 @braxtonb.bsky.social · 8d

Keep your eye on this. A decade ago, Debt Collective launched a student debt strike. Mainstream media scoffed and laughed. Then billions got canceled. We’re repeating that playbook with back rent debt: strike, shift moral culpability, target bad actors, change consumer protection law for the better.

Vox @vox.com · 8d

A small group of former Equity Residential tenants is launching a first-of-its-kind back rent debt strike that will go public in early October. The campaign's broader strategy is to challenge what organizers see as systematic abuse of renters.

Tenants say it’s time for landlords to cancel back rent debt

Tenants are going on strike against their landlords.

www.vox.com

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