Bankruptcy Specialist is responsible for the documentation and filing of loan bankruptcy materials with the appropriate attorneys. Ensures full compliance with loan bankruptcy regulations. Being a Bankruptcy Specialist monitors accounts throughout the loan bankruptcy process and contacts appropriate party when necessary. Verifies the bankruptcy is secured and acquires a copy of the proposed Chapter 13 Plan on all secured accounts. Additionally, Bankruptcy Specialist captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Stays current with changing state specific bankruptcy laws. Typically requires a bachelor's degree or its equivalent. Typically reports to a supervisor. The Bankruptcy Specialist works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Bankruptcy Specialist typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
JOB SUMMARY:
The Bankruptcy Specialist is responsible for processing, maintaining follow-up, and collecting all accounts in bankruptcy. This individual will be responsible for daily, weekly, and monthly follow-up with debtor’s attorneys, creditor’s attorneys, trustees, and Management as to the status of delinquent bankruptcy accounts.
JOB DUTIES:
JOB SPECIFICATIONS:
The Bankruptcy Specialist must have a high school education with a minimum of 1 year experience in collection or bankruptcy. Individual must be self-motivated, have excellent motivation skills, and can work in a fast-paced multi-tasking environment. Proficient working knowledge of Microsoft Office applications (including but not limited to Word and Excel) is required. Individual must have the ability to proficiently speak with members and outside counsel. Individual must be also be proficient with Keystone, OnBase, and Temenos software’s.
BENEFITS:
Benefits provided include the following:
Candidate must be available Monday-Thursday 8:20am-5pm, Friday 8:20am-6pm.
A pre-employment criminal background check, drug screen, consumer credit investigation, and previous employer reference check will be required.
EOE