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Debt resistance is just the beginning. Join us as we imagine and create a new world based on the common good, not Wall Street profits

Occupy Wall Street has been out of the headlines for a while now, but an offshoot of the group has launched a new plan that could gain them traction again.

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Rolling Jubileeis a plan to use money pooled from donations to buy distressed consumer debt at marked down prices. Lenders often sell debts for pennies on the dollar to third parties who either try to collect on it or bundle it up for resale. But, instead of collecting it like a debt agency would, the group, known as Strike Debt, would forgive the debt.

The original debt holders will get a certified letter informing them they are off the hook, the New York Times reports.

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Here’s how the group describes it: