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Bankruptcy and Return on Investment

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By far the best return on your investment is to file bankruptcy. It is far cheaper to file a bankruptcy than it is to repay interest on debt year after year, without making any gains. Bankruptcy can offer you a fresh start if you find yourself overwhelmed by debt.

If you are considering filing for bankruptcy, one advantage is that bankruptcy offers the best return on investment anywhere, on any investment. The average cost of a bankruptcy in Iowa is anywhere from $1,400 (attorney fees and court costs) to $3,000. Assuming a person invests $1,500 into their bankruptcy, and eliminates only $15,000 in debt (a very low discharge amount for most cases), that person will achieve a 1000% return on investment in just four months. A good mutual fund or blue chip stock might give you a 7 – 10% return annually. It would take 40 – 50 years for your $1,500 investment to match what we can accomplish in just four months.

Considering most people eliminate $30,000 – $60,000 or more in debt with their bankruptcies, the rate of return is usually closer to 2000% to 4000%. Is there any investment, anywhere, that could turn $1,500 into $60,000 (or more) in just four months? Nothing is more powerful than investing in your future, and the future of your family, by securing a clean slate, and making a fresh start.

Posted on Sunday, November 14th, 2010 and filed under Bankruptcy | Comments Off on Bankruptcy and Return on Investment .
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