Job Title: Bankruptcy Paralegal
Date: 04/2025
Department: Real Estate Owned
Reports to: REO Supervisor
Primary Function
The Bankruptcy Paralegal must be knowledgeable of Bankruptcy Laws and processes and be organized and detail-oriented to handle bankruptcy accounts. Through analysis, review, and referral, accounts will be monitored to ensure maximum recovery within the parameters of the bankruptcy case.
Principal Duties
- Receive, update and review bankruptcy information daily.
- Research accounts using PACER (bankruptcy database), trustee sites and other outside systems as well as internal systems.
- Set up bankruptcies in the ILS system.
- Prepare and file Proofs of Claim and Transfers of Claim with the bankruptcy courts by scheduled deadline.
- Ensure that pre-and post-petition payment tracking is set up correctly in the ILS system.
- Post payments.
- Monitor accounts for payments in accordance with the bankruptcy plan to include trustee and post-petition payments.
- Contact trustee, debtor's attorney, or debtor (when appropriate) to facilitate timely pre- and post-petition payments.
- Receive and document all systems as to any bankruptcy correspondence received pertaining to the collateral.
- Identify any issues that qualify for any legal action to include plan objections, claim objections, motions for relief and adversaries.
- Work closely with the Default teams to ensure proper treatment of accounts in bankruptcy.
- Perform discharge reviews to determine any lien release requirements, accounting adjustments, and/or collection restrictions that are appropriate post-bankruptcy.
- Assist with any special projects assigned by management.
- Performs related duties as assigned by supervisor.
Knowledge, Skill, and Ability Requirements
- 2 years of mortgage bankruptcy experience preferred.
- Good verbal and written communication skills.
- Ability to multi-task in an environment of frequently changing priorities by maintaining a daily work list in addition to special projects.
- Excellent work ethic and exceptional attention to detail.
- Good computer and internet skills.
SWE Homes, L.P. is proud to be an equal-opportunity employer, fostering a workplace that embraces diversity and inclusion. We are dedicated to helping families and individuals across Texas find housing opportunities.
Please note that employment is contingent upon successfully passing a background check.