Bankruptcy Specialist
Bankruptcy Specialist
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Salary Not Disclosed
1 Vacancy
Job Description
Job Details
Description
Job Summary
The Bankruptcy Specialist is responsible for monitoring and processing bankruptcy files to approved attorneys to ensure bankruptcy activity meets court established timelines. This position will assist attorneys in responding to any defensive or litigated matter. The Bankruptcy Specialist is responsible for adhering to investor/insurer state federal and regulatory guidelines all while minimizing financial losses to the company.
Essential Duties and Responsibilities
- Process bankruptcy filings in compliance with all investor guidelines and federal/state law. This includes the monitoring of all Chapter 7 11 12 and 13 bankruptcies for pre and postpetition payments motion for relief discharges and dismissals.
- Comply with consent orders/agreements reaffirmation agreements responding to court or attorney inquiries addressing bankruptcy litigation and elevating matters as required.
- Develop and maintain working relationship with attorneys trustees and bankruptcy court.
- Provide necessary information to coordinate the filings on PHLs behalf by minimizing losses through management of attorneys trustees 3rd party vendors and courts.
- Meet the bankruptcy timeline requirements by ensuring timely processing of activities and responsiveness to alerts to ensure bankruptcy processes are consistently progressing.
- Ensures PHLs servicing systems (MSP & LoanShere) is updated and maintained with accurate bankruptcy status steps and holds pursuant to established policies and procedures.
- Ensures compliance with all investor/company policies and procedures as well as legislative and regulatory requirements for processing actions.
- Maintains Bankruptcy workstation.
- Performs other duties as assigned.
Position Requirements
Education
- High school diploma or equivalent required
Experience
- Minimum 2 years Bankruptcy experience.
- Minimum 1 year of default mortgage servicing
Functional/Technical Skills
- Knowledge of various bankruptcy filings/consumer protections.
- Knowledge of Bankruptcy Document / motions and pleadings/trustee ledger reconciliations.
- Knowledge of mortgage banking practices and procedures including familiarity with FHMLC FNMA VA FHA and GNMA guidelines timeframes.
- Working knowledge of Default Servicing procedures.
- Effective verbal and written communication skills.
- Strong mathematical skills.
- Strong attention to detail.
- Ability to multitask and manage time effectively.
- Must be flexible organized and have the ability to manage multiple priorities and meet strict deadlines in a fastpaced work environment.
- Ability to problemsolve effectively.
- High proficiency in Microsoft Office products including Excel Word Outlook.
- LPS servicing system experience preferred.
Benefits
Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans dental and vision insurance. We provide short term and longterm disability insurance basic life insurance 401(k) and 10 employer paid holidays. In addition we offer supplemental benefits to include life insurance critical illness and accident plans.
Environmental/Physical Demands
Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job the employee is regularly required to sustain predictable work attendance communicate with others frequently required to stand walk sit and use arms hands and fingers to reach handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. Pursuant to the Americans with Disabilities Act reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This job description is not designed to cover or contain a comprehensive listing of all activities duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.
Required Experience:
Unclear Seniority
Employment Type
Unclear
