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Bankruptcy assistant vs paralegal

The differences between bankruptcy assistants and paralegals can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a bankruptcy assistant and a paralegal. Additionally, a bankruptcy assistant has an average salary of $62,179, which is higher than the $49,943 average annual salary of a paralegal.

The top three skills for a bankruptcy assistant include pacer, pleadings and bankruptcy court. The most important skills for a paralegal are litigation, legal research, and law firm.

Bankruptcy assistant vs paralegal overview

Bankruptcy AssistantParalegal
Yearly salary$62,179$49,943
Hourly rate$29.89$24.01
Growth rate14%14%
Number of jobs2,1395,177
Job satisfaction-5
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 51%
Average age4646
Years of experience1212

Bankruptcy assistant vs paralegal salary

Bankruptcy assistants and paralegals have different pay scales, as shown below.

Bankruptcy AssistantParalegal
Average salary$62,179$49,943
Salary rangeBetween $40,000 And $95,000Between $35,000 And $70,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Arnall Golden Gregory
Best paying industry-Professional

Differences between bankruptcy assistant and paralegal education

There are a few differences between a bankruptcy assistant and a paralegal in terms of educational background:

Bankruptcy AssistantParalegal
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 51%
Most common majorBusinessLegal Support Services
Most common collegeTexas Wesleyan UniversityHarvard University

Bankruptcy assistant vs paralegal demographics

Here are the differences between bankruptcy assistants' and paralegals' demographics:

Bankruptcy AssistantParalegal
Average age4646
Gender ratioMale, 19.9% Female, 80.1%Male, 22.4% Female, 77.6%
Race ratioBlack or African American, 8.2% Unknown, 4.7% Hispanic or Latino, 21.6% Asian, 5.4% White, 59.7% American Indian and Alaska Native, 0.4%Black or African American, 9.2% Unknown, 4.8% Hispanic or Latino, 20.2% Asian, 5.7% White, 59.6% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy assistant and paralegal duties and responsibilities

Bankruptcy assistant example responsibilities.

  • Perform UCC searches to obtain a clear insight on any liens on assets manage by the trustee.
  • Manage active caseload of labor arbitrations.
  • Monitor cases for enter relief orders and/or dismissal orders and close files upon completion.
  • Prepare and file motion for relief, proof of claims and default orders on behalf of the mortgage companies.
  • Draft and file foreclosure documents.
  • Prepare loan modification packages, filing lawsuits, coordinating foreclosure sales, reviewing bankruptcy schedules.
  • Show more

Paralegal example responsibilities.

  • Manage client expenses and prepare billing and financial statements using PClaw and reconcile attorney's escrow and general accounts using QuickBooks.
  • Manage discovery process of lawsuits by preparing pleadings and subpoenas for records and answering requests for production and interrogatories.
  • Manage large volume of documents, enabling attorneys to easily identify key documents that are critical for mediation and arbitration.
  • Prepare H-1B petition with supporting evidence and supplementary forms for attorney review and filing with USCIS.
  • Conduct legal research on Lexis and factual inquiries regarding pending litigation.
  • Review Lexis Nexis for any and all relevant documents regarding hormone replacement litigation.
  • Show more

Bankruptcy assistant vs paralegal skills

Common bankruptcy assistant skills
  • Pacer, 18%
  • Pleadings, 12%
  • Bankruptcy Court, 11%
  • Debtor, 11%
  • Credit Reports, 11%
  • Real Estate Brokers, 4%
Common paralegal skills
  • Litigation, 15%
  • Legal Research, 12%
  • Law Firm, 9%
  • Discovery Responses, 9%
  • Subpoenas, 5%
  • Trial Preparation, 5%