Bankruptcy specialist job description

Bankruptcy Specialist

1st MidAmerica Credit Union has over 88 years of history servicing members of the Metro East, Illinois and Kansas City areas. We have 11 branches currently throughout the area servicing over 59,000 residents in 31 counties!

We are looking for service-oriented individuals to fill a Bankruptcy Specialist position at our East Alton Branch. If you enjoy helping people, self motivated and are detail oriented, we encourage you to apply and become part of our team!

Role: Supports the Financial Recovery Department by monitoring and maintaining bankrupt accounts and the processing of all bankruptcy documents.

Essential Functions & Responsibilities:

• Processes all Chapter 7 and Chapter 13 bankruptcy proceeding documents.
• Communicates with attorneys and members, as appropriate, regarding bankrupt accounts, insurance coverage, collateral protections insurance and to coordinate any repossession determinations.
• Maintains assigned bankruptcy logs, statistical reporting and credit bureau updates.
• Testifies at legal proceeding as required.
• Performs other job related duties as assigned, including general collection calls in the 20 31 delinquency window.

Performance Measurements:

• To ensure timely contact of members and attorneys regarding bankrupt account activities and proceedings.
• To maintain accurate and complete records of all activity in area of responsibility.
• To research and analyze accounts for loss prevention opportunities. Initiate filings for "stay relief" with available pre-petition funds.
• Maintain current procedural documents and correspondence with direction from departmental leadership.
• To adhere to provisions as set forth in the Fair Debt Collection Practices Act (FDCPA) and insure collection activity is always within credit union policy and all relevant regulations.
• To provide informed, professional assistance and support to all members and associates, to troubleshoot and resolve inquiries in a timely, friendly and accurate manner.

Knowledge and Skills:

Experience: Six months to two years of similar or related experience. Understanding of bankruptcy concepts and restrictions, Fair Debt Collection Practices Act, Fair Credit Reporting Act, and Service Members Civil Relief Act.

Education: A high school education or GED.

Interpersonal Skills: A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.

Other Skills: Familiarity with bankruptcy related repossession. Proficient with PC's, 10 key, Excel, Word, Outlook and Internet access.

(This description is not a complete statement of all duties and responsibilities compromising this position)

$2,000 SIGN-ON BONUS!!!

Tidewater Finance Company , located in Virginia Beach, VA has a full-time position available for a Bankruptcy Specialist. We provide diverse lending solutions for our dealer network while promoting employee integrity, teamwork and an uncompromising level of customer service.

The position requires the following qualifications :

• Ability to work in a fast paced environment and multitask
• Highly organized, attention to detail and results oriented
• Excellent verbal and written communication skills
• Customer service and goal oriented
• Ability to function in a team atmosphere as well as independently
• Proficient with Microsoft Office which includes Microsoft Word, Excel and Outlook
• Proficient with Pacer and EBN System
• Bankruptcy experience in the automobile industry preferred

Responsibilities include but are not limited to :

• Employee will have access to personal identifiable information (PII) and business confidential information
• Manage and monitor new bankruptcy filings, discharges, and dismissals; updating accounts accordingly
• Review, prepare, and file Proof of Claims on new Bankruptcy Chap 13 filings
• Review, prepare, and assist with preparing supporting documents for attorney to file Motions for Relief
• File Notification of Action and assist in managing Bankruptcy 7 and Bankruptcy 13 post-petition debt accounts for monitoring purposes
• Handle Email/mail notifications received from US Courts and US Trustees
• Review, prepare, and propose reaffirmation agreements on Bankruptcy Chap 7 cases
• Review and prepare documents for requests for Garnishment Preference Funds
• Other duties as assigned

The standard hours for this position are :

Monday through Friday, 8:00 am to 5:00 pm. Additional hours may be required as necessary.

Tidewater Finance Company offers a competitive salary as well as a comprehensive benefits package to our full-time employees including:

• 40 vacation hours after 6 months of employment, 80 vacation hours after 1 year of employment
• 6 paid holidays as well as an anniversary holiday and birthday holiday benefit
• Paid personal and sick leave after 90 days of employment
• Health, dental, life and disability insurance as well as AFLAC supplemental insurance
• A 401k plan with a company match after 6 months of employment, however, we have quarterly enrollment periods

To apply please visit our website at www.TidewaterFinance.com and click on our Careers page.

Tidewater Finance Company is an equal opportunity employer in all aspects of employment without regard to race, age, sex (including pregnancy), marital status, religion, disability, genetic information, military status or any other characteristic or status protected by law.

Financial Partners Credit Union is one of the nation's largest credit unions with a reputation for being financially sound, focused on our members and partners, and growth-oriented. At FPCU, our partners work together in a fast paced, positive work environment with a common vision of "Building Lifetime Financial Partnerships."

We are looking for a Bankruptcy Specialist with a proven track record of success to join our collections team here at the corporate office in Downey, As a Bankruptcy Specialist you will ensure the credit union is meeting all compliance requirements regarding bankruptcy while working with our members to help resolve their accounts and provide opportunities for additional services. Primary duties of this unique opportunity are as follows.
ESSENTIAL RESPONSIBILITIES:

+ Ensures the credit union is meeting any compliance requirements regarding bankruptcy, repossession, credit reporting

and other legal status.

+ Handles bankruptcy calls.

+ Prepare, follow up and file reaffirmation agreements and proof of claims.

+ Reviews and recommend accounts for nondischargeable complaints, relief from stay, objection to the plan and objection to motion to avoid lien.

+ Negotiate loan terms or vehicle value with Members or attorney.

+ Prepare and assist in making voluntary repayment plans for bankruptcy account.

+ Review trustee payments for accuracy.

+ Maintains system and database tracking records to monitor bankruptcy accounts including assigning for repossession.

+ Make court appearances as needed.

+ Support different business unit in regarding to bankruptcy questions or issues.

+ Respond to escalation requests within 24 hours of receipt

+ Performs other related duties as assigned or requested.

EDUCATION/EXPERIENCE/ QUALIFICATIONS:

+ Minimum of three year collections, bankruptcy related experience

+ At least five year of telephone customer contact experience

+ High school diploma or GED, Bachelors preferred.

+ Ability to work in a structured environment

+ Ability to multi-task

+ Familiarity MS Office products of Word, Excel, and Outlook

+ Knowledge of Fair Debt Collection Protection Act required

+ Excellent written and verbal communication skills

+ Ability to work efficiently in a fast-paced environment where priorities change frequently to meet business needs.

+ Ability to work independently as well as part of a team and focus on results; adaptable and flexible

+ Strong negotiation skills

+ Demonstrated ability to provide attention to detail and concern for accuracy and consistency in results

+ Ability to learn rules, regulations, laws pertaining to collections and bankruptcy

+ Ability to structure a deal that serves the best interest of the organization and member.