Job Details

Bankruptcy Specialist

Company name

Organization Type


Job Type

Legal Staff

Date Last Verified

Mar 28, 2021

Valid Through

Jul 11, 2021

Posted on

Jan 21, 2021


Phoenix, AZ, United States

Employment Type



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Bankruptcy Specialist
Duties: Manage pipeline of Active Bankruptcy loans from each case filing through final closing case or any additional requirements from The Money Source. Documenting all loan-level efforts into the Bankruptcy Workstations in MSP. Review and provide designated counsel all documentation necessary to effectively manage the bankruptcy process to ensure all accounts are being managed according to investor and insurer timelines. Coordinates with our attorneys, defaulted borrowers' attorneys and/or trustees to maximize efficiency and timeliness of resolutions through completed bankruptcy plans, coordinating the filing of motions for relief, etc. Prepares relevant legal documents for execution by management, including Proofs of Claim, affidavits, etc. Maintains a thorough working knowledge of all bankruptcy requirements of all investors and insurers, as well as state and federal guideline updates. Attends training sessions as required. Review incoming expense invoices for accuracy and compliance with the established fees schedules of the Investors and/or Insurers. Performs such other duties as may be assigned by Default Management.

Qualification and Experience

Qualifications: Working knowledge of the bankruptcy processes and workflows. Understanding of the mortgage servicing process and industry. Knowledge of CHFA/FHA, GNMA, FNMA, FHLMC, MI and various other investor/insurer foreclosure requirements. Excellent oral and written communication skills. Microsoft Office proficiency (Word processing and spreadsheets, data entry, PC input, etc.). Ability to work independently. Goal-oriented. High School diploma and/or some college. Bachelor’s Degree in business-related field or a combination of education and experience. Paralegal experience is a plus.

Company info

Hiring Coordinator
The Money Source Inc.
500 South Broad Street,
Suite 100A
Meriden, CT 06450

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