What are the responsibilities and job description for the Bankruptcy Specialist position at All In Credit Union?
ROLE:
Oversee all aspects of Bankrupt Accounts and respond accordingly
Train Bankruptcy Processor as a support and back up for the Bankruptcy Specialist
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
- Review all bankruptcy referrals for accuracy
- Approval of bankruptcy referrals to legal counsel
- Follow up with legal counsel to make sure the bankruptcy referral is received in a timely manner
- Communication with debtors within the allowed scope of the bankruptcy
- Responsible for decisions and instructions to legal counsel and Bankruptcy Processor with regards to motions, orders, lifts of stay, discharge, dismissals any other bankruptcy correspondence.
- Responsible for reviewing and taking appropriate action on all bankruptcy correspondence
- Review and reconcile bankrupt accounts for appropriate and timely payments
- Review and audit bankruptcy reports and take appropriate actions found in the reporting
- Review system data entry to the core and the collection system is correct to also include bankruptcy credit reporting.
- Attend any hearings as needed
- Train Bankruptcy Processor
- If appropriate, advise the Repossession Specialist with regards to motions, orders, lifts of stay, discharge, or dismissals
- Assist AVP of Recovery Solutions and Recovery Solutions Manager as needed
- Other duties as assigned
Experience: Must be knowledgeable of collection and bankruptcies laws.
Education: High School Diploma or GED required. College degree preferred.
NOTICE: This job description is not intended to be, nor should it be construed as, a contract for employment. All In Credit Union makes no guarantee of permanent employment. This job description is to be used as a guideline to give you an understanding of what the Credit Union has defined this position to be. Changes to this job description may be made at any time by the President.
All In Credit Union is willing to accommodate handicaps to the extent a financial services organization can without impacting financial control or member service. All In Credit Union is an Equal Opportunity Employer of Females, Minorities, Veterans and Disabled/Drug Free Workplace.