How much does a Bankruptcy Specialist II make hourly in the United States? The average hourly wage for a Bankruptcy Specialist II in the United States is $24 as of February 26, 2024, but the range typically falls between $20 and $26. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Bankruptcy Specialist II Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Bankruptcy Specialist II Salary $16 US February 26, 2024
25th Percentile Bankruptcy Specialist II Salary $20 US February 26, 2024
50th Percentile Bankruptcy Specialist II Salary $24 US February 26, 2024
75th Percentile Bankruptcy Specialist II Salary $26 US February 26, 2024
90th Percentile Bankruptcy Specialist II Salary $28 US February 26, 2024
25% $20 10% $16 90% $28 75% $26 $24 50%(Median) Didn’t find job title? Click
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What skills does a Bankruptcy Specialist II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Written Communication: Communicating information through written media to educate, inform and influence the target audience.

2.

FileNet: FileNet is the most widely used high-end workflow system and runs on PCs and a variety of Unix workstations. The company coined the term "enterprise content management" (ECM) to apply to the dissemination of content in all its forms, such as images, forms, emails, scanned documents and electronic files.

3.

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

Written Communication 2.78%
FileNet 0.58%
Promotion 1.16%
Others 95.48%

Job Description for Bankruptcy Specialist II

Bankruptcy Specialist II is responsible for the documentation and filing of loan bankruptcy materials with the appropriate attorneys. Ensures full compliance with loan bankruptcy regulations. Being a Bankruptcy Specialist II monitors accounts throughout the loan bankruptcy process and contacts appropriate party when necessary. Verifies the bankruptcy is secured and acquires a copy of the proposed Chapter 13 Plan on all secured accounts. Additionally, Bankruptcy Specialist II captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Typically requires a bachelor's degree. Typically reports to a supervisor. The Bankruptcy Specialist II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Bankruptcy Specialist II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Bankruptcy Specialist II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Bankruptcy Specialist II, the first career path typically progresses to Bankruptcy Specialist III.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Bankruptcy Specialist II salary varies from city to city. Compared with national average salary of Bankruptcy Specialist II, the highest Bankruptcy Specialist II salary is in San Francisco, CA, where the Bankruptcy Specialist II salary is 25.0% above. The lowest Bankruptcy Specialist II salary is in Miami, FL, where the Bankruptcy Specialist II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total hourly compensation opportunity for a Bankruptcy Specialist II, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
20
26
24

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
21
28
25
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Bankruptcy Specialist II in the United States. The average hourly rate for Bankruptcy Specialist II ranges from $20 to $26 with the average hourly pay of $24. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $21 to $28 with the average total hourly cash compensation of $25.
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20
26

 

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Skills associated with Bankruptcy Specialist II: Legal Document Review, Bankruptcy Regulations, Quality Assurance Process, Loan Software ...More

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Bankruptcy Specialist II Salary in United States
Bankruptcy Specialist II Salary Graph, Regional Distribution and Summary