How much does a Bankruptcy Specialist I make in Indiana? The average Bankruptcy Specialist I salary in Indiana is $42,202 as of March 26, 2024, but the range typically falls between $36,947 and $44,628. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Bankruptcy Specialist I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Bankruptcy Specialist I Salary $32,164 IN March 26, 2024
25th Percentile Bankruptcy Specialist I Salary $36,947 IN March 26, 2024
50th Percentile Bankruptcy Specialist I Salary $42,202 IN March 26, 2024
75th Percentile Bankruptcy Specialist I Salary $44,628 IN March 26, 2024
90th Percentile Bankruptcy Specialist I Salary $46,837 IN March 26, 2024
25% $36,947 10% $32,164 90% $46,837 75% $44,628 $42,202 50%(Median) Didn’t find job title? Click
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What skills does a Bankruptcy Specialist I 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.

Benefits Programs: Benefits programs vary greatly, but typically they include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs.

3.

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

Written Communication 2.58%
Benefits Programs 0.65%
Life Insurance 1.38%
Others 95.39%

Job Description for Bankruptcy Specialist I

Bankruptcy Specialist I 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 I 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 I captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Stays current with changing state specific bankruptcy laws. Typically requires a bachelor's degree or its equivalent. Typically reports to a supervisor. The Bankruptcy Specialist I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Bankruptcy Specialist I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Bankruptcy Specialist I in Indiana

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Location Avg. Salary Date Updated
Location Vincennes, IN Avg. Salary $39,417 Date Updated March 26, 2024
Location Advance, IN Avg. Salary $41,897 Date Updated March 26, 2024
Location Akron, IN Avg. Salary $40,809 Date Updated March 26, 2024
Location Alamo, IN Avg. Salary $39,678 Date Updated March 26, 2024
Location Albany, IN Avg. Salary $40,026 Date Updated March 26, 2024
Location Albion, IN Avg. Salary $40,766 Date Updated March 26, 2024
Location Alexandria, IN Avg. Salary $40,287 Date Updated March 26, 2024
Location Ambia, IN Avg. Salary $41,854 Date Updated March 26, 2024
Location Amboy, IN Avg. Salary $40,026 Date Updated March 26, 2024
Location Amo, IN Avg. Salary $41,201 Date Updated March 26, 2024

Career Path for Bankruptcy Specialist I

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 I, the upper level is Bankruptcy Specialist II and then progresses to Bankruptcy Specialist III.

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Bankruptcy Specialist I Salary in Indiana
Bankruptcy Specialist I Salary Graph, Regional Distribution and Summary