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J. Michael Broumas

Chapter 7 bankruptcy Attorney at Ellicott, MD

5.0   2 reviews

also known as Michael Broumas

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  • State Years
    Maryland - MD 30 years
    Texas - TX 34 years
    Illinois - IL 40 years
  • Licensed for 30 years
    State MD
    Acquired 1993
    Status
    Active No misconduct found
  • Licensed for 34 years
    State TX
    Acquired 1989
    Status
    Not Eligible to Practice - Administrative No misconduct found
  • Licensed for 40 years
    State IL
    Acquired 1982
    Status
    Administrative - Not Authorized to Practice No misconduct found

We have not found any instances of professional misconduct for this lawyer.

Great Lawyer
anonymous
This review is from a person who hired this attorney.
Hired Attorney
The best bankruptcy lawyer
Maria
This review is from a person who hired this attorney.
Hired Attorney
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About J. Michael

Learn J. Michael’s areas of practice.

3
Practice areas
  1. Chapter 7 bankruptcy
    70%
    Chapter 7 Bankruptcy allows a debtor to discharge most debts. The process takes about 4 months to complete but you get relief immediately once the case is filed. Creditors are required to stop all collection efforts, all lawsuits, garnishments and even temporarily a foreclosure. Usually you get to keep most of your things including cars and houses ( depending on the amount of equity). Once the case is done your credit score tends to recover and over time improve.

    42 years, 3,000 cases

  2. Chapter 13 bankruptcy
    20%
    Chapter 13 Bankruptcy is a 36 to 60 month partial payment plan. The Plan is income based and allows the Debtor to use the payment plan to catch up back payments on a mortgage. Chapter 13 also in some cases lets you cram down or lower the amount of the debt on a car or strip off a second mortgage. Because the plan is income based at the end of the plan the remaining unpaid unsecured loans and credit cards are discharged. Let our Maryland Bankruptcy Lawyer restructure your debt.

    42 years, 1,000 cases

  3. Chapter 11 bankruptcy
    10%
    Chapter 11 is a business reorganization. It is much more complicated than a restructuring under Chapter 13 . It is usually used to restructure business entities (corporations, LLC or partnerships.) Chapter 11 can be used for an individual but because of the cost it is normally not practical. Chapter 11 does not have a set term. A plan can provide a payoff of debt over many years. It also does not have a debt limitation as does Chapter 13.

    42 years, 100 cases

J.Michael Broumas has over 35 years experience in all aspects of consumer and business bankruptcy. Mr. Broumas started his career clerking for bankruptcy judge Thomas James in Chicago. He worked at a Wall Street Law firm and has been in his own practice since 1998. 

At Broumas Law Group we undestand clients are under tremendous stress dealing with financial hardship. We can help relieve that stress and help to get a fresh start.

 

Contact J. Michael

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Broumas Law Group LLC
8370 Court Avenue
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Reviews

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5.0 / 5.0
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Posted by anonymous | July 24, 2017
This review is from a person who hired this attorney.
| Hired Attorney
Great Lawyer
I acquired services from Mike Broumas at a very difficult time in my life and he made that time significantly better for me. Bankruptcy is never a desired result, but sometimes there is no workable alternative. Mr. Broumas was understanding, thorough and efficient. I filed in May and had my discharge by mid September of the same year. His fee plus the court filing costs totaled less than $1200. There were no missteps along the way. I highly recommend him.
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Posted by Maria | July 1, 2016
This review is from a person who hired this attorney.
| Hired Attorney
The best bankruptcy lawyer
Michael Broumas is the best bankruptcy lawyer I know.. I met him during hard time. I was in the middle of a divorce and my ex-husband was trying to make as much trouble for me as possible. Mr. Broumas explained how I can deal with the mess I had and the process of bankruptcy was very smooth. Mr.Broumas went to court for me and made me feel comfortable. I kept all my assets and got a fresh start. I have seen Mr. Broumas in court. He is brilliant and effective. Meeting of Creditors took less than 10 minutes! I was so stressed out before I met attorney Broumas. He made me feel I can start over again free of debt and free of stress. I give Mr. Broumas my highest recommendation.
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Response from J. Michael Broumas July 2, 2016
I am glad I could help you. If you have any questions in future please don't hesitate to call our office.

Cost

Rates
  • Free Consultation 20 minutes
Payment methods
Cash, Check, Credit Card

Resume

AVVO RATING 6.7 (Good)

Work Experience

  • Attorney / Member
  • J Michael Broumas, Attorney / Broumas Law group LLC
  • 1999 - Present
  • Shareholder
  • Ober, Kaler, Grimes & Shriver, A Professional Corporation
  • 1991 - 1998
  • Shareholder
  • Calvin, Dylewski, Gibbs, Maddox & Verner
  • 1989 - 1991
  • Associate
  • Weil, Gotshal & Manges, LLP
  • 1984 - 1988
  • Associate
  • Milbank, Tweed, Hadley & McCloy, LLP
  • 1983 - 1985
  • Law Clerk
  • Bankruptcy Judge Thomas James, Chicago Illinois
  • 1981 - 1982
View all work experience

Education

  • Syracuse University College of Law
  • JD - Juris Doctor
  • 1981
  • University of Utah
  • BA - Bachelor of Arts
  • 1978
  • University of Utah
  • BS - Bachelor of Science
  • 1978

Legal Cases

  • 16-18341
  • Filed - Active
  • 16-18343
  • Active - Filed
  • 16-18337
  • Filed - Active
View all legal cases

Associations

  • Maryland State Bar Association
  • Consumer Bankruptcy Section
  • 2000 - Present
  • Maryland State Bar Association
  • Member
  • 1993 - Present

Languages Spoken

  • French
  • German
  • Spanish
  • English
View all languages

Publications

  • National Business Institute
  • Security Interests, Attachment, Perfection and Nonjudicial Rights and Remedies
  • 1989
  • National Business Institute
  • Bankruptcy Strategies for the Secured Lender
  • 1988
  • Distressed Business and Real Estate Newsletter
  • Opportunity Costs for Undersecured Creditors
  • 1987

Speaking Engagements

  • Advanced Bankruptcy Seminar
  • Bankruptcy Strategy for the Secured Lander
  • 1988

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Ellicott Chapter 7 bankruptcy Lawyer J. Michael Broumas
J. Michael Broumas
Chapter 7 bankruptcy Attorney
Ellicott, MD
Licensed for 40 years
Free Consultation
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