Bankruptcy Coordinator

 Location: Hurst, Texas 
Duration: 4 Months 

 Position Summary: 
 This individual will be reporting directly to the Bankruptcy Supervisor and Manager who reports to the Senior Vice President of Default Management. He/she will be responsible for monitoring residential and potentially some commercial bankruptcies (Chapters 7, 11, 12, and 13) from a creditor/component servicer perspective, hiring counsel to file proof of claims and motions for relief and any other bankruptcy documents. This position also includes monitoring various reports on a daily, weekly and monthly basis to ensure all events are worked pursuant to investor guidelines. He/she will identify, prioritize, research and track key bankruptcy processes, which will require interaction with outside counsel on a daily basis. 
Essential Duties and Responsibilities 
 • Monitor status of all bankruptcy cases assigned to ensure all KPI’s (Key Performance Indicators) are met. 
 • Ensure the timely referral and filing of proofs of claims and requesting motions for reliefs and ensuring they are filed timely to remain in compliance with Investor. 
 • Review proof of claim and motion for relief reports on a weekly basis to ensure filed in accordance with investor guidelines. 
 • Communicate with local counsel daily to ensure that all events/issues that they are responsible for are being attended to in a timely manner. 
 • Responsible for bankruptcy plan review to identify treatment of lien and refer to counsel. 
 • Provide posting instructions on bankruptcy payments. 
 • Ensure payment change notifications are filed within 21 days of the effective date of payment change. 
 • Respond to Notice to Cure and Deem Current Matters timely and any other time sensitive pleadings to prevent losses to the company. 
 • Verify if a demand letter is required upon closing of the bankruptcy. 
 • Interact with Asset Management when a customer is seeking court approval for a loan modification. 
 • Seek Investor(FHLMC) approval as required in a timely manner 
 • Ensure management and investor is aware when debtor intends to substantially reduce our debt or claim amount (cram down/motion for valuations). 
 • Respond to incoming customer calls regarding bankruptcy. 
 • Handle preliminary bankruptcy related research on customer disputes. 
 • Process invoices for payments weekly. 
 • Special projects as assigned by management. 
 Component Service Duties and Responsibilities: 
 Component Service means that Client partners with a full service bank and we are responsible for handling the bankruptcy, foreclosure and asset management functions. We provide but are not limited to the following component servicing duties: 
 • Remote into their system to access loan information. 
 • Processing payoff requests and completing funds application forms when payoff funds received. 
 • Responsible for working monthly billing statement reports. 
 • Responsible for working monthly stop bill reports. 
 • Responsible for state required monthly fee reporting. 
 • Review 1098 year end statements and submit corrections in a timely fashion. 
 • Review and provide research to escalated customer inquiries that require extensive research in a timely manner. 
 • Provide authorization to disburse taxes and insurance. 
 • Access their imaging system to obtain loan documents. 
 • Open various tasks to request loan documents and or assignments needed; system adjustment/reversal requests; provide payoff and payment application instructions; check requests; payment histories 
 • Access a website link or email box to request payment histories or miscellaneous documents not available in imaging system. 
 Skills/Knowledge Requirements: 
 • Strong analytical and problem-solving skills 
 • Ability to work independently and be a self starter. 
 • Ability to meet deadlines and maintain focus under pressure. 
 • Ability to interface with multiple departments, scope out projects and interface with IT/LPS Desktop/FHLMC to enhance reporting capabilities. 
 • Strong oral and written communication skills. 
 • Strong research and audit skills. 
 • Willingness and aptitude to learn new tasks 
 • Basic accounting/mathematics knowledge to complete a reconciliation/breakdown of payments and fees due on the loan. 
 • Willingness and ability to work in a fast paced environment and to handle a large volume of cases/loans. 
 • Ability to maintain confidentiality and ensure borrower(s) loan information is secure. 
 • Professional demeanor and appearance. 
 Education/Experience Requirements: 
 • Proven success in taking business needs and translating to reporting deliverables. 
 • 1 to 2 years experience in a reporting environment. 
 • 1 to 2 years bankruptcy paralegal or bankruptcy servicing experience. 
 • 1 to 2 years of Accounts Receivable/Payable or related experience. 
 • Basic familiarity with the Federal Bankruptcy Code. 
 • Basic familiarity with Aacer Monitoring. 
 • Knowledge/experience with MSP/ LPS Desktop. 
 • Proficiency in MS Excel, MS Word and MS Outlook. 
 • Basic knowledge of FHLMC servicing guidelines and systems a plus. 
 • Basic familiarity of Foreclosure(Judicial/Non Judicial) process a plus 
Thanks and Regards, 
Swapnil Sawant 
APN Software Services, Inc ( 
Phone: 510-943-5241 
Email Id: 

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