Bankruptcy Specialist

TOWNE MORTGAGE COMPANY•Troy, MI

1d•Hybrid

About The Position

The Bankruptcy Specialist is responsible for monitoring and managing loans throughout the bankruptcy process to minimize risk and protect investors’ interests. This role ensures compliance with investor timelines, company policies, and applicable laws while reviewing bankruptcy-related filings and supporting accurate credit reporting and corrections.

Requirements

At least 1–2 years of related experience is required, including an understanding of proof of claim and motion for relief processes.
Knowledge of mortgage servicing practices.
Attention to detail and accuracy.
Excellent verbal and written communication skills.
Excellent interpersonal and customer service skills.
Excellent organizational skills.
Excellent time management skills with a proven ability to meet deadlines and multitask.
Ability to function well in a fast-paced environment.
Proficient with Microsoft Office Suite or related software.

Responsibilities

Monitor loans throughout the bankruptcy process to minimize potential losses and preserve investors’ interests.
Maintain compliance with applicable investor timelines, company policies and procedures, and all relevant U.S. state and federal laws and regulations in the jurisdictions where the company operates.
Review and update bankruptcy-related filings, including new bankruptcy filings, Motions for Relief, Proofs of Claim, Transfers of Claim, Reaffirmations, Notices of Distribution, Post-Petition Fee Notices, and Payment Change Notices.
Process attorney invoices in accordance with investor requirements.
Respond to calls from borrowers and/or attorneys related to bankruptcy, foreclosure, and credit matters.
Review monthly reports to credit bureaus for accuracy.
Respond to credit-related inquiries and process corrections per company policy.
Assist with miscellaneous projects and manage time effectively to support departmental priorities.
Comply with all company policies and procedures.
Perform other duties as assigned.