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Bankruptcy Account Manager Jobs (NOW HIRING)

Coordinate and manage incoming and outgoing correspondence, including mail, email, and phone communications for bankruptcy accounts. * Provide backup support for monitoring and responding to the ...

Coordinate and manage incoming and outgoing correspondence, including mail, email, and phone communications for bankruptcy accounts. * Provide backup support for monitoring and responding to the ...

Coordinate and manage incoming and outgoing correspondence, including mail, email, and phone communications for bankruptcy accounts. * Provide backup support for monitoring and responding to the ...

Coordinate and manage incoming and outgoing correspondence, including mail, email, and phone communications for bankruptcy accounts. * Provide backup support for monitoring and responding to the ...

Coordinate and manage incoming and outgoing correspondence, including mail, email, and phone communications for bankruptcy accounts. * Provide backup support for monitoring and responding to the ...

The Bankruptcy Specialist will perform procedures relating to bankrupt accounts including ... Ability to manage multiple accounts and prioritize tasks effectively. Ability to effectively ...

BANKRUPTCY SPECIALIST _____ LOCATION: Loss Mitigation DIVISON: SVP-Consumer Lending FUNCTION ... Ability to manage multiple accounts and prioritize tasks effectively. Ability to effectively ...

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The Account Manager/Bankruptcy is responsible for the specific duties listed below. Your specific duties will include: * Manage a portfolio of delinquent auto loan accounts, including early-stage and ...

Lead the resolution of contracts designated as "Exit Relationships," including bankruptcy ... Manage the full lifecycle of DFS and other repossessed agricultural/other equipment - including ...

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Manage escalations, contested matters, and complex case scenarios in partnership with Legal ... Flexible Spending Account * Health Savings Account * Paid Holidays * Company paid Life Insurance

Manage escalations, contested matters, and complex case scenarios in partnership with Legal ... Flexible Spending Account * Health Savings Account * Paid Holidays * Company paid Life Insurance

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Bankruptcy Account Manager information

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$29.5K

$65.8K

$106K

How much do bankruptcy account manager jobs pay per year?

As of Jul 29, 2026, the average yearly pay for bankruptcy account manager in the United States is $65,816.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,000.00 and $78,500.00 per year, depending on experience, location, and employer.

Is it hard to get a job with bankruptcy?

Bankruptcy Account Managers typically need strong organizational and communication skills, and some employers may view bankruptcy experience as a plus. While prior experience in finance or debt management can improve job prospects, entry-level positions are often available for those with relevant skills and certifications. Overall, securing a position depends on the job market and individual qualifications.

What is the difference between Bankruptcy Account Manager vs Credit Analyst?

AspectBankruptcy Account ManagerCredit Analyst
Required CredentialsTypically a bachelor's degree in finance, accounting, or related field; knowledge of bankruptcy lawsBachelor's degree in finance, economics, or business; strong analytical skills
Work EnvironmentFinancial institutions, law firms, or debt recovery agenciesBanks, lending institutions, or credit departments
Employer & Industry UsageUsed in debt recovery, bankruptcy proceedings, and financial restructuringUsed in credit risk assessment, loan approvals, and financial analysis

The Bankruptcy Account Manager focuses on managing accounts involved in bankruptcy cases, working closely with legal and financial teams to resolve debts. In contrast, a Credit Analyst evaluates creditworthiness of clients to approve or deny credit applications. While both roles require financial knowledge and analytical skills, their primary functions and work environments differ significantly.

What are the key skills and qualifications needed to thrive as a Bankruptcy Account Manager, and why are they important?

To thrive as a Bankruptcy Account Manager, you need a solid understanding of bankruptcy laws, financial analysis, and account management, often supported by a degree in finance or business. Familiarity with bankruptcy case management software, financial reporting tools, and legal documentation systems is typically required. Strong negotiation, attention to detail, and effective communication skills help in managing sensitive client relationships and navigating complex legal processes. These skills are vital for ensuring compliance, minimizing financial risk, and successfully guiding clients through bankruptcy proceedings.

What does a creditors manager do?

A creditors manager oversees communication and negotiations with creditors on behalf of clients, often in bankruptcy or debt recovery cases. They assess creditor claims, develop repayment strategies, and ensure compliance with legal and financial regulations, typically using specialized software and financial analysis skills.

What are some typical challenges a Bankruptcy Account Manager faces when managing multiple client cases concurrently?

A Bankruptcy Account Manager often manages several client cases at different stages of the bankruptcy process, which can be challenging due to varying deadlines, documentation requirements, and frequent updates in legal proceedings. Balancing communication between clients, legal teams, and creditors while ensuring compliance with regulations demands strong organizational skills and attention to detail. Effective time management and a proactive approach to problem-solving are essential for meeting clients’ needs and maintaining accuracy across all accounts.

What level of job is an account manager?

An account manager is typically a mid-level professional responsible for maintaining client relationships and ensuring customer satisfaction. The role often requires relevant experience, communication skills, and sometimes industry-specific certifications, with responsibilities varying by company size and industry sector.

What are Bankruptcy Account Managers?

Bankruptcy Account Managers are professionals who handle and oversee accounts that are involved in bankruptcy proceedings. They work for creditors, financial institutions, or debt collection agencies to manage communication with clients, attorneys, and the courts. Their responsibilities include reviewing bankruptcy filings, ensuring compliance with bankruptcy laws, processing claims, and negotiating payment arrangements. They play a crucial role in protecting their employer’s financial interests while adhering to legal and ethical standards.

What jobs in the US pay 300,000 a year?

Bankruptcy Account Managers typically do not earn $300,000 annually; such high salaries are more common in executive roles like CFOs, corporate attorneys, or specialized financial advisors. High-paying jobs often require advanced degrees, extensive experience, and certifications, and may involve leadership, complex negotiations, or strategic decision-making. Salaries at this level are usually found in senior management or specialized consulting positions.
More about Bankruptcy Account Manager jobs
What cities are hiring for Bankruptcy Account Manager jobs? Cities with the most Bankruptcy Account Manager job openings:
What states have the most Bankruptcy Account Manager jobs? States with the most job openings for Bankruptcy Account Manager jobs include:
What job categories do people searching Bankruptcy Account Manager jobs look for? The top searched job categories for Bankruptcy Account Manager jobs are:
Infographic showing various Bankruptcy Account Manager job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $65,816 per year, or $31.6 per hour.

Loss Mitigation Specialist II - Bankruptcy

USALLIANCE Financial

Chelmsford, MA • On-site

$25.24 - $30.92/hr

Full-time

Retirement, PTO

Posted 6 days ago


Job description

About Us:

At USALLIANCE, we pride ourselves on innovation, teamwork, training and development and career planning. We are a unique members-first Credit Union Culture driven by our core Values: Trust, Collaboration, Achievement and Making a Difference. As part of our team, you will have the opportunity to grow both personally and professionally in an inclusive and supportive environment. Represent USALLIANCE in the community and form lasting relationships with our members and partners.

About This Role:

Responsible for managing bankruptcy-related loss mitigation activities and supporting members experiencing financial hardship throughout the bankruptcy lifecycle. This role serves as the primary point of contact for members and their legal counsel, ensuring timely, accurate handling of all bankruptcy filings, documentation, and communications in compliance with applicable laws and regulatory requirements. The Loss Mitigation Specialist II – Bankruptcy evaluates member circumstances, supports litigation and recovery efforts, and partners with internal and external stakeholders to resolve accounts in the best interest of the Credit Union while maintaining a high standard of member service.

Key Responsibilities:

  • Serve as the primary point of contact for bankruptcy accounts, communicating with members, bankruptcy counsel, trustees, and other parties to ensure compliance with bankruptcy requirements and timelines.
  • Manage all aspects of bankruptcy case activity (Chapters 7, 11, and 13), including monitoring case status, key deadlines, and required actions.
  • Prepare, review, and file bankruptcy-related documentation, including Proofs of Claim, reaffirmation agreements, and other court filings; maintain complete and accurate supporting records.
  • Respond to inquiries from attorneys, trustees, and courts in a timely and professional manner; ensure all communications are clearly documented.
  • Coordinate with internal teams and external legal partners to support litigation strategy, collateral recovery actions, and post-petition account handling.
  • Ensure proper application of payments, charge-offs, and account adjustments in accordance with bankruptcy rulings and internal policies.
  • Identify and escalate risks, exceptions, or complex bankruptcy scenarios to management, providing clear summaries and recommended actions.
  • Maintain accurate and detailed system notes documenting all bankruptcy activity, decisions, and communications in accordance with regulatory and internal requirements.
  • Support recovery efforts by tracking discharged debt, reaffirmed obligations, and potential recovery opportunities.
  • Partner with the Loss Mitigation and Recoveries Manager and cross-functional teams to develop strategies that minimize losses and ensure compliant handling of bankruptcy accounts.
  • Serve as a subject matter resource for bankruptcy-related questions, assisting with internal training and process improvements.
  • Provide secondary support for general loss mitigation activities (e.g., hardship evaluations, loan modifications, foreclosure processes) as needed to maintain team coverage and workflow balance.
  • Handle escalated accounts and sensitive member situations with professionalism, discretion, and empathy.
  • Maintain up-to-date knowledge of bankruptcy laws, regulations, and servicing practices to ensure ongoing compliance.

Who You Are:

  • High school diploma or equivalent required.
  • Minimum 2–4 years of direct experience managing bankruptcy accounts within a financial services environment (credit union/banking preferred); additional experience in collections, loss mitigation, foreclosure, or recoveries strongly preferred.
  • Strong expertise in bankruptcy processes, court procedures, and litigation-related workflows required, including hands-on experience managing case activity, deadlines, and required filings.
  • Demonstrated working knowledge of bankruptcy documentation and requirements, including Proofs of Claim, reaffirmation agreements, trustee interactions, and court communications.
  • Proficiency with bankruptcy systems and tools (e.g., PACER, Banko) required to monitor case activity, access court records, and manage account-level bankruptcy tracking.
  • Working knowledge of loss mitigation options, servicing practices, and regulatory/compliance requirements, with the ability to apply them effectively within a bankruptcy context.
  • Strong analytical skills with the ability to review member financials, assess hardship, and determine appropriate actions in accordance with bankruptcy rulings and internal guidelines.
  • Excellent verbal and written communication skills, with the ability to interact professionally and confidently with members, attorneys, trustees, and internal partners while clearly explaining complex legal and procedural requirements.
  • Strong attention to detail and documentation skills; ability to maintain accurate, complete, and compliant records of all bankruptcy-related activity, decisions, and communications.
  • Proficiency with Microsoft Office (Excel, Word, Outlook) and ability to effectively use servicing/collection systems, legal tracking tools, and document management platforms.
  • Ability to manage a pipeline of bankruptcy accounts, prioritize court-driven deadlines, and operate effectively in a fast-paced, highly regulated environment with minimal supervision.
  • Demonstrated professionalism, discretion, and ability to handle highly sensitive legal and financial information appropriately.

What We Offer:

  • Hybrid Schedule (min 3 days in office to maximize collaboration)
  • Competitive salary and benefits package including 401K with 6% match
  • Paid Time Off, Wellness Time & Paid Federal holidays
  • Opportunities for professional development and career growth with exposure to mentorship from the executive team.
  • A collaborative and inclusive work environment
  • High Performance Culture that specializes in training to sharpen and expand skills brought to USALLIANCE.

Become a part of a team where your ideas are valued, your growth is supported, and your work makes a difference. Apply today and take the next step in your career with USALLIANCE.


EQUAL OPPORTUNITY EMPLOYER

USALLIANCE Federal Credit Union, as an Equal Opportunity Employer, values and supports the diverse cultures, perspectives, skills, and experiences within our workforce.

This job description is for informational purposes only and should not be construed as a complete listing of the job responsibilities and requirements. This job description may be modified at any time, for any reason, at the sole discretion of management.

At this time, USAlliance Federal Credit Union will not sponsor a new applicant for employment authorization or offer any immigration related support for this position (i.e., H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another type of work authorization).

If you need sponsorship now or in the future, look for this statement in the job description before you apply: “USAlliance Federal Credit Union will consider sponsoring a new, qualified applicant for employment authorization for this position”. If this is not listed in the job description, USAlliance Federal Credit Union will not provide sponsorship for the candidate to work in the United States.

It is unlawful for USAlliance to require or administer a lie detector test as a condition of employment or continued employment. In accordance with applicable state laws, an employer who violates this law shall be subject to criminal penalties and civil liability.


In the spirit of pay transparency, we are excited to share the base salary/hourly range for this position is $25.24 - $30.92, exclusive of fringe benefits or potential incentives. This position is also eligible for an annual corporate bonus. If you are hired at USALLIANCE Federal Credit Union, your final base salary compensation will be determined based on factors such as skills, education, and/or experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members as a part is any final offer. Please keep in mind that the range mentioned above is the full base salary for the role. Hiring at the maximum of the range would not be typical to allow for future and continued salary growth. We also offer a generous compensation and benefits package.

All positions must adhere to standard BSA/AML policies, procedures, and processes. Employees must demonstrate awareness of business functions and how business decisions affect financial and/or non-financial work results.