How much does a Bankruptcy Specialist III make in Massachusetts? The average Bankruptcy Specialist III salary in Massachusetts is $58,300 as of April 24, 2024, but the range typically falls between $46,332 and $62,563. 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 III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Bankruptcy Specialist III Salary $35,435 MA April 24, 2024
25th Percentile Bankruptcy Specialist III Salary $46,332 MA April 24, 2024
50th Percentile Bankruptcy Specialist III Salary $58,300 MA April 24, 2024
75th Percentile Bankruptcy Specialist III Salary $62,563 MA April 24, 2024
90th Percentile Bankruptcy Specialist III Salary $66,444 MA April 24, 2024
25% $46,332 10% $35,435 90% $66,444 75% $62,563 $58,300 50%(Median) Didn’t find job title? Click
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What skills does a Bankruptcy Specialist III 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.

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

3.

Claim Reviews: A claims review is the process in which the underwriter reviews a claim to assure that it meets a set of standards.

Written Communication 2.79%
Life Insurance 0.93%
Claim Reviews 0.53%
Others 95.75%

Job Description for Bankruptcy Specialist III

Bankruptcy Specialist III 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 III 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 III 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 III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Bankruptcy Specialist III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Bankruptcy Specialist III in Massachusetts
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Select a city to view specific salary and bonus information for Bankruptcy Specialist III

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $56,211 Date Updated April 24, 2024
Location Barnstable, MA Avg. Salary $56,800 Date Updated April 24, 2024
Location Fitchburg, MA Avg. Salary $57,122 Date Updated April 24, 2024
Location Hyannis, MA Avg. Salary $56,586 Date Updated April 24, 2024
Location Leominster, MA Avg. Salary $56,425 Date Updated April 24, 2024
Location Malden, MA Avg. Salary $60,069 Date Updated April 24, 2024
Location Methuen, MA Avg. Salary $57,229 Date Updated April 24, 2024
Location Newton, MA Avg. Salary $60,069 Date Updated April 24, 2024
Location Revere, MA Avg. Salary $60,069 Date Updated April 24, 2024
Location Weymouth, MA Avg. Salary $58,515 Date Updated April 24, 2024
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Bankruptcy Specialist III Salary in Massachusetts
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