http://credit.about.com/od/reducingd...celleddebt.htm
I can't think of why this wouldn't apply...
It's a great thing and would make me a lot more likely to contribute funds to the Occupy cause. Before I was very uncertain about what they were going to use cash reserves for (or how to prevent the treasurer or whoever from screwing off with it) so I donated physical items to a few Occupations in MA and ME. This is definitely something I can support. Way too much of my income over the last ... decade went to servicing debt that could have been put to better use. I can't be the only one.
-just thought, if Occupy is required to send people that 1099-C or do whatever for reporting, they better have people on it. Hopefully that's something already covered.