Combined asset debt elimination membership organization and debt elimination method

摘要

A debt elimination method and organization by which individuals join an organization and its active members are eligible to be randomly selected to have their personal debt paid based on the principal sum of membership dues. Personal debt of members is paid on a monthly basis based on the total amount accrued per month and members are randomly selected until the total amount accrued is paid out. In the event a members debt exceeds the amount available, that individual will receive the remaining amount from the following months' sum before the next member is randomly selected. Each month, the sum of the amount available will change based on the increase or decrease of active membership. The individual debt will be paid directly to the creditor not the member. The amount paid toward the member's debt will be considered a gift from each active member.