Bankruptcy Associate II

Rocket Companies•Dallas, TX

3d•$40,000 - $73,000•Hybrid

About The Position

This is a hybrid position requiring time both in the office and working remotely. Intermediate knowledge of the Bankruptcy laws, FDCPA and CFPB guidelines. Hands on preparation, quality control/validation, and/or filing in any 1-2 of the following key bankruptcy areas: Proof of Claims, Motions for Relief, Payment Change Notice, Post Petition Fee Notice, Cram down Rebooking, and/or Case Closing in a high volume, fast paced setting. Scope/Responsibilities: Solid knowledge of required job skills, company policies and procedures. Proven ability to apply knowledge to a variety of work assignments ranging in difficulty. Knowledge of mortgage industry practices, procedures and processes. Possesses ability to work with department deadlines. Establishes effective professional rapport with both internal & external customers. Effectively manages time, priorities and resources to achieve goals. About the role Determine the validity of new BK filings Review loan payment histories, escrow and suspense accounts to prepare POC/MFR referral to attorney QC/Validate POC/MFR referrals prepared by vendor before sending to counsel Monitor bar dates and response deadlines to insure timely filings with the court Closely monitor vendor production and quality of work providing multiple daily directives to insure compliance with all investor requirements and court deadlines Review cramdown terms for rebooking/objection Review PCN/PPFN filings for approval Determine correct BK payment application Resolve objections, work with attorneys to structure Agreed Order terms Set up payment plans on Agreed Orders, monitor for compliance and refer out for NODs, guide vendor with same Approve or deny attorney fee request Complete docket event review, pencil ledger for payment validation and accuracy of loan history in BK Closing process Guide vendor in reviewing, and responding to, attorney inquiries; handle escalated matters personally for immediate resolution Utilize Pacer, Aacer, NDC and Ch. 13 Trustee websites in analyzing cases Complete docket event review, pencil ledger for payment validation and accuracy of loan history Responsible for validating and physically signing legal documents, including declarations, affidavits, and other related documentation.

Requirements

Intermediate knowledge of the Bankruptcy laws, FDCPA and CFPB guidelines.
Hands on preparation, quality control/validation, and/or filing in any 1-2 of the following key bankruptcy areas: Proof of Claims, Motions for Relief, Payment Change Notice, Post Petition Fee Notice, Cram down Rebooking, and/or Case Closing in a high volume, fast paced setting.
Solid knowledge of required job skills, company policies and procedures.
Proven ability to apply knowledge to a variety of work assignments ranging in difficulty.
Knowledge of mortgage industry practices, procedures and processes.
Possesses ability to work with department deadlines.
Establishes effective professional rapport with both internal & external customers.
Effectively manages time, priorities and resources to achieve goals.
Typically requires a minimum of 1 year of related work experience.
High school diploma or GED equivalent required.
One year customer service experience required.
Proficient in verbal and written form as appropriate for varying audiences; ability to prepare clear written correspondence.
Demonstrate intermediate computer and software skills necessary for job function.
Familiarity with Microsoft Office.

Nice To Haves

Some college and/or mortgage experience a plus.

Responsibilities

Determine the validity of new BK filings
Review loan payment histories, escrow and suspense accounts to prepare POC/MFR referral to attorney
QC/Validate POC/MFR referrals prepared by vendor before sending to counsel
Monitor bar dates and response deadlines to insure timely filings with the court
Closely monitor vendor production and quality of work providing multiple daily directives to insure compliance with all investor requirements and court deadlines
Review cramdown terms for rebooking/objection
Review PCN/PPFN filings for approval
Determine correct BK payment application
Resolve objections, work with attorneys to structure Agreed Order terms
Set up payment plans on Agreed Orders, monitor for compliance and refer out for NODs, guide vendor with same
Approve or deny attorney fee request
Complete docket event review, pencil ledger for payment validation and accuracy of loan history in BK Closing process
Guide vendor in reviewing, and responding to, attorney inquiries; handle escalated matters personally for immediate resolution
Utilize Pacer, Aacer, NDC and Ch. 13 Trustee websites in analyzing cases
Complete docket event review, pencil ledger for payment validation and accuracy of loan history
Responsible for validating and physically signing legal documents, including declarations, affidavits, and other related documentation.