Bankruptcy Specialist I (On-Site)
About The Position
The Bankruptcy Specialist I handles bankruptcy accounts through analysis, review, and referral, monitoring account status to support maximum recovery within the parameters of each bankruptcy case. The position reviews and updates bankruptcy information, researches accounts using external and internal systems, prepares and files claims with bankruptcy courts, and monitors payment activity and case correspondence. It also identifies issues that may require legal action and coordinates with Bankruptcy Litigation and Foreclosure and Loss Mitigation teams to ensure appropriate account treatment. The role performs post-discharge reviews and assists with management-assigned projects and other related duties.
Requirements
- 0–2 years of related experience.
- Good verbal and written communication skills.
- Ability to multitask amid frequently changing priorities while maintaining a daily work list and managing special projects.
- Excellent work ethic and exceptional attention to detail.
- Good computer and internet skills.
- Must have a smartphone meeting Company security standards and the ability to install apps such as Microsoft Authenticator; employment is contingent on this requirement.
Nice To Haves
- Associate degree preferred.
- Bankruptcy background preferred but not required.
- Any legal background would be beneficial.
Responsibilities
- Receive, update, and review bankruptcy information daily.
- Research accounts using PACER, AIS, trustee sites, other external systems, and internal systems.
- Prepare and file Proofs of Claim and Transfers of Claim with bankruptcy courts by scheduled deadlines.
- Ensure pre- and post-petition payment tracking is set up correctly in the ILS system.
- Receive and document bankruptcy correspondence pertaining to collateral in all applicable systems.
- Monitor accounts for payments under the bankruptcy plan, including trustee and post-petition payments.
- Contact trustees, debtors’ attorneys, or debtors when appropriate to facilitate timely pre- and post-petition payments.
- Identify issues that may qualify for legal action, including plan objections, claim objections, motions for relief, and adversary proceedings.
- Work with the Bankruptcy Litigation and Foreclosure and Loss Mitigation teams to ensure proper treatment of accounts in bankruptcy cases.
- Perform discharge reviews to determine lien release requirements, accounting adjustments, and appropriate post-bankruptcy collection restrictions.
- Assist with special projects assigned by management.
- Perform related duties as assigned by a supervisor.
Benefits
- Medical, dental, and vision insurance.
- Health Savings Account with employer contribution.
- 401(k) retirement plan with employer match.
- Paid maternity leave, parental bonding leave, and caregiver leave.
- Adoption assistance.
- Tuition and certification reimbursement.
- Employee Mortgage Loan Program.
- Employee Emergency and Disaster Fund.
- One company-paid Volunteer Time Off day.
- Matching Gifts Program, dollar-for-dollar up to $1,000.
- Access to grants, nonprofit resources, and volunteer opportunities.
- Employee Resource Groups.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
