Bankruptcy Specialist

Blue Coral Staffing Corp.; Los Angeles (CA); On-site; USD 130,000 - 160,000; Full time

Benefits offered by this job

Bonus potential

Benefits package

Job summary

A staffing agency is seeking a Bankruptcy Specialist / Trust Associate to manage bankruptcy estates, ensuring compliance with obligations and tax requirements. The role requires at least 3 years of applicable experience, familiarity with bankruptcy laws, and strong analytical and communication skills. Responsibilities include overseeing distributions to creditors, preparing reports, and collaborating with legal professionals. This position offers a competitive compensation package ranging from $130,000 to $160,000, plus bonuses and benefits.

Qualifications

• 3+ years relevant Bankruptcy experience.
• Familiarity with bankruptcy laws and the US Bankruptcy code.
• Previous experience in bankruptcy estate administration.

Responsibilities

• Manage bankruptcy estates post-confirmation.
• Oversee distributions to estate creditors.
• Prepare and dispute collection delinquent liabilities.

Skills

Understanding motions

Disclosure statements

Chapter 11 plans

Research skills

Strong writing skills

Communication skills

Attention to detail

Financial/data analytics

Education

Bachelor’s degree and/or Paralegal certificate

Tools

Microsoft Office (PowerPoint, Excel)

Job description

Bankruptcy Specialist / Trust Associate ***BANRUPTCY EXPERIENCE REQUIRED***

• In-office / On-site position (100%)
• Compensation: $130,000 to $160,000 base salary (commensurate with experience) plus bonus potential and benefits

Summary:

Bankruptcy Specialist / Trust Associate will be responsible for handling post-confirmation administration of bankruptcy estates with minimal supervision. Expertise in understanding motions, disclosure statements, and Chapter 11 plans will be essential in ensuring compliance with debtors' continuing bankruptcy obligations, tax responsibilities, and distributions to estate creditors. Selected individual will assist in reviewing Proofs of Claim and drafting various documents, including notice responses and abatement letters related to tax disputes.

Responsibilities of Bankruptcy Specialist / Trust Associate:

• Manage bankruptcy estates post-confirmation, ensuring adherence to all bankruptcy obligations and tax requirements
• Oversee and execute distributions to estate creditors following approved Chapter 11 plans
• Review tax Proofs of Claim and collaborate with tax professionals in first-day valuations for estates
• Prepare & dispute collection delinquent liabilities with state and federal tax authorities through abatement letters and other legal means
• Assist in the preparation of monthly operating reports and communicating filing requirements to legal counsel
• Administrative support in setting up new client information into our management database
• Effectively communicate with supervising attorneys, co-counsel, clients, and tax professionalsDraft correspondence related to bankruptcy proceedings and respond to creditor inquiries
• Collaborate with tax professionals to limit the risk of liens and fines for trusts, payroll reports, and disbursements of wage claims

Qualifications for Bankruptcy Specialist / Trust Associate:

• 3+ years relevant Bankruptcy experience
• Familiarity with bankruptcy laws, motions, disclosure statements, and Chapter 11 plans
• Previous experience in bankruptcy estate administration
• Familiarity with the US Bankruptcy code
• Bachelor’s degree and/or Paralegal certificate preferred
• Excellent research skills and the ability to analyze complex legal documents
• Proficiency in Microsoft Office applications specifically PowerPoint and Excel
• Strong writing and communication skills with attention to detail
• Proficient with financial/data analytics