'Strike Debt' group buys up US personal debt

An offshoot of the Occupy Wall Street movement is helping Americans struggling to pay their medical bills by buying up their bad debt.

An offshoot of the Occupy Wall Street movement called Strike Debt has turned to philanthropy to help Americans struggling to pay their medical bills.

It buys up bad debt from hospitals and other providers so those with low incomes won't have to declare bankruptcy.

North American correspondent John Stempin told Murray Silby how the scheme works.

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