Bankruptcy and Litigation Specialist

Advancial Federal Credit Union • Dallas, TX

6h • $61,000 - $76,000 • Hybrid

About The Position

We’re proud to be named one of USA TODAY’s Top Workplaces, and we’ve earned the Best and Brightest Companies to Work For award for 8 years straight. Founded in 1937, Advancial is one of the oldest credit unions in the country. Our mission is to create lasting value for our members through superior service, quality products, and innovative solutions.
At Advancial, we don’t just work hard – we play hard, too. We’re a team that thrives on passion and collaboration, where every day feels like a chance to make a difference. Our culture is built on positivity, creativity, and the belief that work should be fulfilling, not just a “day job.”
Under general direction of the Loss Mitigation Manager, Bankruptcy and Litigation Specialist is responsible for protecting the assets of the Credit Union in bankruptcies and other legal proceedings. Maintains relevant logs and other documentation.

Requirements

• Paralegal certification, preferably from an ABA-approved paralegal education program; or two years related experience; or equivalent combination of education and experience.
• Understands and has a working knowledge of the following:
• Legal pleadings
• FDCPA and the collections process from start to finish
• Federal, state and local laws relating to the bankruptcy process
• Bankruptcy Trustee requirements
• Court Electronic Document Filing System

Responsibilities

• Assist AVP with assessing the need for outside representation and makes recommendations relating to such engagements, tracks attorney costs, and processes invoices
• Prepare and file proofs of claims, obtain asset values, verify account information, and generate written communication
• Review initial bankruptcy filings to determine next steps, monitors files throughout bankruptcy for issues that surface requiring motions, objections or orders while maintaining documentation and logs on all bankruptcy and litigation activities
• Review collections from legal recommendations and send file to outside counsel; monitor and assist AVP in legal process through resolution or judgment
• Review and respond to various garnishments received from multi-state child support agencies, IRS, TX comptroller of public affairs, LA dept of revenue, receivers, judgement creditors, and other court ordered entities
• Assist in managing any HELOC and/or HEL foreclosures or requests. Coordinates payments of past due HOA fees, taxes, etc. if necessary.
• Serve as a back-up to the Repossessions Specialist and/or Remarketing specialist as needed

Benefits

• Of course we provide healthcare, life insurance, and 401K benefits, but here is what else we offer:
• Take Time for Life: In addition to 11 company holidays, you start with 3 weeks of vacation, and can recharge at our beautiful vacation homes in Destin, FL, and Breckenridge, CO – free for you and your loved ones (you just pay taxes).
• Retire with Confidence: We contribute to your 401k. It’s our way of helping you build the future you deserve.
• Pets Are Family Too: With affordable pet insurance (we even chip in), your furry friends are covered for everything from checkups to surgeries.
• Invest in Your Future: We’ll cover 80% of your tuition costs after one year, so you can continue to grow, learn, and achieve your goals.
• Life Happens: Our Advancial Life Rewards program reimburses you up to $1,000 each year for unexpected expenses – because we know life doesn’t always go according to plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed