How much does a Bankruptcy Specialist II make in Frederick, MD? The average Bankruptcy Specialist II salary in Frederick, MD is $52,842 as of February 26, 2024, but the range typically falls between $44,181 and $58,065. Salary ranges 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 Salary Location Last Updated
10th Percentile Bankruptcy Specialist II Salary $36,295 Frederick,MD February 26, 2024
25th Percentile Bankruptcy Specialist II Salary $44,181 Frederick,MD February 26, 2024
50th Percentile Bankruptcy Specialist II Salary $52,842 Frederick,MD February 26, 2024
75th Percentile Bankruptcy Specialist II Salary $58,065 Frederick,MD February 26, 2024
90th Percentile Bankruptcy Specialist II Salary $62,820 Frederick,MD February 26, 2024
25% $44,181 10% $36,295 90% $62,820 75% $58,065 $52,842 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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Job Openings for Bankruptcy Specialist II in Frederick, MD

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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Step 1 of 3

Understand the total compensation opportunity for a Bankruptcy Specialist II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
44181
58065
52842

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46102
62455
56001
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bankruptcy Specialist II in Frederick, MD. The base salary for Bankruptcy Specialist II ranges from $44,181 to $58,065 with the average base salary of $52,842. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,102 to $62,455 with the average total cash compensation of $56,001.
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How much should you be paid?

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44181
58065

 

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About Frederick, Maryland    Frederick is located in Frederick County in the northern part of the state of Maryland. The city has served as a major crossroads since colonial times....More

Frederick, Maryland  area prices were up 1.3% from a year ago    View the Cost of Living in Frederick, Maryland

Bankruptcy Specialist II Salary in popular cities: BaltimoreColumbiaGermantown

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

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