Magnolia is set to pick up the documentary, Maxed Out, alongside Netflix's Red Envelope.

Directed by James Scurlock, the film is about Americans and the debt industry. Variety says it follows ordinary Americans who are hamstrung by debt, taking the point of view of people who are seduced by but then often choke on mortgages, credit cards and other bank loans. It also investigates practices and tactics of the banks and credit card companies.

Maxed Out will hit theaters this winter.