Paralegal, Bankruptcy

About the role

Fueled by a fundamental belief in innovation, Resurgent Capital Services is an industry-leading financial services company. We believe that demonstrating integrity in everything we do, maintaining a strong commitment to compliance, and doing things the right way is a sustainable business model. We want you to feel like your work has an impact and makes a difference every day.

The Bankruptcy Paralegal assists the Bankruptcy department with all compliance, regulatory, administrative, and litigation matters. This position reports to the Senior Bankruptcy Paralegal.

Responsibilities

• Perform legal research using Pacer and other law-related databases as required on bankruptcy, foreclosure, federal and state laws/regulations, and any other matters as requested.
• Manage all Wisconsin 128 accounts to include cooperation with the trustee to fulfill any obligations required of Resurgent.
• Review and advise on all requests related to Plan Objections, Adversarial Actions, Motions for Relief, and/or Claim Objections.
• Forward any training issues to the BK Manager for development and coaching with team members.
• Accept special tasks as necessary and assume responsibility for successfully achieving objectives.
• Assist any department in Secured Bankruptcy as set forth by management.
• Act as a liaison for Corporate Legal and Compliance; assist them in understanding accounts with legal issues (that reside on either ILS/DMS or SLS/BKS).
• Track litigation for upcoming response dates so that deadlines are met.
• Assist in drafting discovery responses while working closely with local counsel and/or Corporate Legal.
• Keep a detailed tracking sheet of local counsel used in each state.
• Set follow-up dates based on deadlines, milestones, and specific requests; work from a follow-up report each day to ensure no steps are missed on any objection.
• Additional responsibilities will include a portion of the following tasks:
  • Unsecured Bankruptcy research
  • Secured Bankruptcy research
  • Bankruptcy matching
  • Title Releases
  • Processing incoming Claim Objections
  • Processing Transfers of Claim
  • Researching accounts for Verification of Bankruptcy
  • Processing paperwork in the Scanned Document Queue
  • Responding to questions from other departments regarding Bankruptcy
  • Reviewing discharged accounts for lien survival or release
  • Coding bankrupt accounts for various client accounts
  • Processing Reaffirmation Agreements
  • Processing Secured Bankruptcy notifications
  • Processing Secured Proofs of Claim
  • Sending out Legal Referrals on secured accounts
• Collaborate with other departments around core processes (i.e. chain review).
• Research accounts and portfolios for the complete assignment chain from original or charge off creditor to current owner.
• Develop and maintain current and historical subject matter expertise on chain of ownership for all purchases and sales.
• Monitor the Fresh Deals Queue and approve all documentation for new purchases within CTQ.
• Review inbox requests within CTQ and provide ownership documents when available.
• Interact with Deal Management to resolve assignment and other documentation issues.
• Research incomplete chain of assignments to resolve the missing links and complete the chain.
• Provide support to external and internal sources regarding questions about our assignment process.
• Develop and maintain power user expertise for SOD system while providing input into application advancement, project prioritization, and participating in UAT on application releases.

Requirements

• 2-3 years of experience with bankruptcy, foreclosure, and/or litigation.
• Experience with Pacer preferred but not required.
• Strong skills in analytics, organization with attention to detail, communication, computers, and research.
• Effective in multitasking and goal-oriented.
• Able to work both on a team and independently with minimal supervision.

Qualifications

• Bachelor’s degree in paralegal studies from an accredited college or university and/or certification as a paralegal required.