LOL at totally fucked after 2 months. Good job stuffing all your fragile little eggs in a metal basket. Amazes me how many guys here make good money and yet have nothing. The party is going to end one day guys, you realize that right? All good things come to an end.
Besides, I don't think you can file bankruptcy until you're delinquent on your bills for more than 6 months anyway.
Tell him to get back to work, and stop crying over what he lost. Work harder, longer, faster than you ever have before. If he can't find a way to make money online then a job is perfect for him, I hope he gets it.
I have literally gone from being a millionaire to having over 4 million in debt in less than a year and some how I managed to pull my ass out of it without filing bankruptcy like a little bitch. The secret? Hustling my ass off. Not back to millionaire status yet, but I hustle every day to make it happen.
STOP. WHINING. GET. BACK. TO. WORK.
Stop trying to find the formula that will instantly make your idea into a winner. Instead of being scientists, the best marketers are artists. They realize that whatever is being sold is being purchased because it creates and emotional want, not because it fills a simple need.