Return on Investment

A return on investment of more than 2,000% in just 5 months?

Don’t worry, I’m not a used car salesman and I’m definitely not the Wolf of Lewis Street. We’re attorneys and what I’m telling you is absolutely true.

See, I calculated the average cost of a Chapter 7 Bankruptcy, let’s say its $1,600. I then took the average amount of debt that we get rid of, which is right around $50,000. Then I looked at the average amount of time it takes for a Chapter 7 to run from start to finish. When I ran the numbers, I got a return on investment of 2,600%. That’s a number Elon Musk and Bill Gates would jump all over. In fact, outside of buying a winning lotto ticket, there’s no faster way to legally get that kind of return on investment anywhere.


The biggest benefit of bankruptcy is that you just stop paying any bill that you wish to discharge. No more payments to CREDIT CARD CORP or RIPOFF MED SERVICE. Garnishments? Gone. None. Zero.

Think about how much better your monthly budget would be if you could wipe out hundreds or even thousands of dollars worth of payments.

The day you file bankruptcy, the automatic stay goes into effect. That stops all collections against you dead in their tracks, even lawsuits that have already been filed.

This means that unless it’s an auto loan (and you want to keep the car) or a house payment (and you want to keep the house) you don’t have to make another payment.


A Chapter 7 means that within 4-6 months, all unsecured debt will be gone. This will immediately increase your credit score. Don’t believe me, ask the CFPB.

Car loans, mortgage loans and home equity loans are secured by the property, and if you want to keep them, you’ll have to keep making payments.

If you don’t want to keep them, you typically get somewhere between 3-6 months in that property before the bank repossesses it. You get to keep it that long without making a payment. That’s a good deal.

When you look at the total picture, the benefits of filing a Chapter 7 are difficult to put in to words.

The return on investment you get through bankruptcy is one of the best ways you can spend your hard earned money. With a very small investment and the stroke of a judge’s pen, you can find yourself $40,000-$100,000 better off. That friends, is easy money.