Good News: Verizon Erases $10m In Debt for Western North Carolina Families

Ethics Matters

Q1 2025

In recent news, Verizon announced that it is teaming up with ForgiveCo to eliminate $10 million in consumer debt for 6,500 Western North Carolinians as part of Verizon’s ongoing commitment to recovery following Hurricane Helene’s devastation. Additionally, the company stated that basketball Hall of Fame coach and Asheville, NC, native Roy Williams will be the one to share the news with the impacted families. 

This generosity follows Verizon’s $400,000 donation to United Way of North Carolina. The company donated the funds immediately following the storm. 

Founder and CEO of ForgiveCo Craig Antico said, “through this effort, Verizon will bring transformative change to the lives of North Carolinians in crisis, leaving a lasting mark on future generations.”  Atlantic South Market President of Verizon Leigh Anne Lanier stated, “Verizon believes in the power of connection, not only through our technology but through the bonds we build with the communities we serve. To the 6,500 individuals impacted by this initiative and the broader Western North Carolina community, we are with you. We will always stand by you, not just as a business, but as a partner and a neighbor.” 

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