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Page Mechanical Group, Inc.

Bankruptcy Accounts Specialist - Hybrid

Page Mechanical Group, Inc., Vienna, Virginia, United States, 22184

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Bankruptcy Accounts Specialist

Location:

Vienna, VA 22180 Schedule:

Monday-Friday, 8:00 am-4:30 pm EST On-site Requirement:

2 days per week on campus Overtime Status:

Not approved for this role

This position maximizes recovery of bankrupt accounts through negotiation, reaffirmation, legal proceedings, fraud detection, and collection efforts. The specialist serves as liaison for OGC and outside legal counsel on bankruptcy litigation or adversary complaints, provides specialized servicing of charged-off mortgage loans, and functions as a subject matter expert regarding section functions, systems, policies and procedures.

Responsibilities

Analyze accounts included in bankruptcy for potential abuse and/or fraud to determine if litigation is warranted to protect interest and reduce financial loss

Monitor attorneys assigned to accounts to determine status of litigation; advise attorneys of any legal issues and their impact

Process and distribute time-sensitive legal documents, notification of suits against our client, Cease and Desist for both filer and non-filer, and third party communications to ensure compliance with Bankruptcy Laws to minimize litigation risk

Review bankruptcy docket reports and analyze accompanying schedules with emphasis on Statement of Intent for Chapter 7, and Plan information for Chapter 13 to determine impact

Communicate with attorneys, 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 potential for asset recovery

Initiate 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 at court proceedings

Manage legal notifications (e.g., Mechanic's Liens, Adversary Complaints, Lift of Stay, Motions to Avoid Lien, Motions to Value, Judgment Liens, and Plan Confirmation), and determine appropriate course of action

Negotiate Short Sale requests, settlements, and reaffirmations based on 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 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, policies and procedures

Assist with reviewing escalated member issues and determining appropriate course of action to resolve issues

Perform other duties as assigned

Qualifications

Working knowledge of applicable federal and state laws, rules and regulations

Experience in financial counseling, negotiating, and explaining decisions to members

Experience in financial transaction/processing related responsibilities

Ability to work independently and in a team environment

Experience working with all levels of staff, management, stakeholders, vendors

Experience interacting with attorneys, courts, or trustees

Ability to comprehend, analyze, interpret, communicate and apply government and financial industry regulations, related principles and practices, and company instructions, procedures, and policies

Ability to maintain confidentiality and demonstrate integrity

Effective skill exercising initiative and using good judgment to make sound decisions

Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations

Effective member/customer service skills

Effective skill interacting tactfully in difficult situations

Effective research, analytical, and problem solving skills

Effective skill building relationships through rapport, trust, diplomacy and tact

Effective skill assimilating information, analyzing facts, and developing logical conclusions

Effective organizational, planning and time management skills

Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes

Effective verbal and written communication skills

Effective database, word processing, and spreadsheet software skills

Desired Qualifications

Familiarity with the systems and software used by the Lending Collection's Division

College level courses with concentration in Accounting, Finance, Business, or related field

CC Pace is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, genetic information, or any other protected characteristic under federal, state, or local laws.

CC Pace are committed to employing only candidates who are legally authorized to work in the United States. For us to comply with the Immigration Reform and Control Act of 1986, all new employees, as a condition of employment, must complete the Employment Eligibility Verification Form I-9 and provide documentation that establishes identity and authorization to work. E-Verify will be used for employment verification as part of your onboarding process.

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