Bankruptcy Accounts Specialist
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Job Location:
Pensacola, FL - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
- Application Deadline: March 31 2026
- Pensacola
- Hybrid
- Hourly salary: $21
Job Description
- Analyze accounts included in the bankruptcy for potential abuse and/or fraud to determine if litigation is warranted to protect NFCUs interest and reduce financial loss
- Monitor attorneys assigned to accounts to determine status of litigation; advise attorneys of any legal issues and their impact on NFCU
- Process and distribute time sensitive legal documents notification of suits against NFCU Cease and Desist for both filer and non-filer and third party communications to ensure compliance with Bankruptcy Laws to minimize the risk of litigation
- Review bankruptcy docket report and analyze accompanying schedules with emphasis on Statement of Intent for Chapter 7 and Plan information for Chapter13 to determine the impact on NFCU
- Communicate with attorneys and trustees members agents title companies and various third-party and internal/external groups regarding bankruptcy
- Negotiate attorney fees and recommend approval to Supervisor
- Analyze Chapter 7 11 and 13 bankruptcy filings to determine the potential for asset recovery
- Initiate the appropriate course of action for asset recovery based on collateral cross-collateral potential and non-filing parties in accordance with State repossession laws
- Represent or retain outside legal counsel to represent NFCU at court proceedings
- Manage legal notifications (e.g. Mechanics Liens Adversary Complaints Lift of Stay Motions to Avoid Lien Motions to Value Judgment Liens and Plan Confirmation etc.) and determine appropriate course of action
- Negotiate Short Sale request settlement and reaffirmation based on the bankruptcy disposition Process charged-off bankruptcy impaired equity loans; facilitate Proof of Claims and review motions
- Monitor bankruptcy progression for adherence of repayment and update NFCU systems to ensure accurate reporting
- Pursue fraud cases through the court system for Non-Discharge and Objections to Discharge
- Evaluate bankruptcy cases and determine collateral market values; file Proof of Claim with the appropriate court on all asset cases
- Maintain knowledge of and ensure compliance with applicable federal and state laws rules regulations and NFCU policies and procedures
- Assist with reviewing escalated member issues and with determining the appropriate course of action to resolve issues
- Perform other duties as assigned
Required Experience:
IC
