Paralegal, Bankruptcy

Posted Yesterday
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Greenville, SC, USA
In-Office
Junior
Fintech • Financial Services
The Role
Support the Bankruptcy department with legal research, case and litigation tracking, drafting discovery responses, coordinating with local counsel and trustees, managing assignment/chain-of-title processes, and maintaining system power-user expertise for bankruptcy workflows.
Summary Generated by Built In

About Us

Fueled by a fundamental belief in innovation, Resurgent Capital Services is an industry-leading financial services company in our sector. It all began 25 years ago when a small group of successful entrepreneurs had a vision for a new type of asset receivables company. One with a commitment to superior service and a personal touch with every interaction. 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. Join us as we develop strategies for change and transform the trajectory of your career!

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Summary:

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

Roles & 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; and 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.

Skills & Qualifications:

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

Educational Requirements:

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

Resurgent is an Equal Opportunity employer that is fueled by our diverse and inclusive work environment. Are you excited about this opportunity, but your skills and experience aren't an exact match? We encourage you to apply anyway! You may be just the person we are searching for to fill this or another position. We would love to consider you for the Resurgent team!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.

Skills Required

  • 2-3 years of experience with bankruptcy, foreclosure, and/or litigation.
  • Bachelor's degree in paralegal studies and/or certification as a paralegal.
  • Strong skills in analytics, organization, attention to detail, communication, computers, and legal research.
  • Effective multitasking and goal-oriented work style; able to work independently and on a team with minimal supervision.
  • Experience with Pacer.
  • Familiarity or ability to develop power-user expertise in SOD system, CTQ, and related document/assignment tracking tools.
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The Company
HQ: Greenville, SC
501 Employees
Year Founded: 1998

What We Do

Resurgent Capital Services, a member of the Sherman Financial Group, is a manager and servicer of domestic and international consumer debt portfolios for credit grantors and debt buyers. We manage accounts across the credit spectrum including performing accounts, sub- and non-performing accounts, secured accounts, and unsecured accounts. Currently, we have offices located in Greenville, SC, and Cincinnati, OH.

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