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)
Summary: Manage a loan portfolio through the bankruptcy process to ensure department timelines are met or, preferably, exceeded.
Duties:
Maintain a bankruptcy portfolio on an independent basis.
Maintain deadlines by prioritizing and handling multiple projects with competing time constraints.
Monitor and delegate work performed by Outside Counsel to ensure bankruptcy timelines are met.
Develop and maintain working relationship with outside counsel, trustees, and bankruptcy courts.
Assist with special projects and other duties as assigned.
Specifications:
1-2 years of call center, bankruptcy, mortgage, or foreclosure experience.
Ability to manage time to maintain department productivity standards.
Detail orientation coupled with demonstrated strong project management skills are required.
Proficient knowledge of MS Office applications including Word, Excel, and Access is preferred.
Strong interpersonal skills: professional, courteous, friendly, warm, empathetic, level-headed and composed.
Principal Outcomes/Accountabilities of Job & Direct Reports:
This position is responsible for protecting the assets of the company, owned and serviced, through timely and accurate management of loans in the bankruptcy process.
Job Type: Full-time
Pay: Up to $20.00 per hour
Expected hours: 40 per week
Benefits:
Physical setting:
Schedule:
Ability to Relocate:
Work Location: In person