Creditors' Rights Paralegal

Trueline Talent; Cedar Rapids (IA); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health insurance

401(k) plan with employer contribution

PTO program

Profit-sharing potential

Job summary

Trueline is seeking a Creditors' Rights Paralegal for their client law firm in Cedar Rapids, Iowa. You will manage creditor-side matters, coordinate with debtors and creditors, and guide cases through the full collections and litigation process.

The ideal candidate has 5+ years in legal, collections, or civil litigation, with strong organizational and communication skills. Expect a generous base with a 2% collections bonus and strong growth potential in a respected firm.

Qualifications

• At least 5 years of experience in a legal, collections, creditors' rights, civil litigation, or closely related environment.
• Strong understanding of collections, creditors' rights, litigation administration, or a similar legal practice area.
• Ability to manage multiple deadlines, case files, and competing priorities with a high level of accuracy.
• Strong written and verbal communication skills.
• Ability to communicate professionally and respectfully with debtors, creditors, attorneys, courts, and other stakeholders.
• Strong organizational skills and attention to detail.
• Ability to work independently while collaborating closely with the attorney and firm staff.
• Comfort handling confidential financial, legal, and client information.
• A professional, personable, and collaborative approach to working with a predominantly female office team.

Responsibilities

• Serve as primary contact for debtors, including confirming identity, providing required disclosures, documenting calls, and handling payment-related conversations.
• Manage debtor information, case activity, payment history, and notes within the firm’s collections case management system.
• Establish payment plans and process payment authorizations.
• Review debtor payments and prepare regular payment and collection reports.
• Negotiate settlements and prepare settlement agreements.
• Coordinate trial settings, judgment debtor examinations, hearings, and trial preparation.
• Prepare attorneys for hearings and trials by organizing files, documents, and case information.
• Review files for suit and support the administrative process of filing collection actions.
• Draft complaints, petitions, praecipes, wage garnishments, discovery requests, summary judgment motions, and affidavits of account.
• Prepare and send demand letters and other collection correspondence.
• Coordinate service fees and filing-related correspondence with sheriffs and other parties.
• Communicate with creditors, forwarders, and other collection-related stakeholders.
• Accept and process forwarder claims.
• Maintain case calendars and docket deadlines related to demands, appeals, pleadings, hearings, and other litigation activity.
• Maintain accurate case records and ensure files are complete and current.
• Manage collection remittances and payment reporting on a daily, biweekly, and monthly basis.
• Prepare deposits and coordinate banking activity for multiple firm accounts.
• Retrieve and process firm mail and support other administrative functions related to collections operations.
• Support the attorney and firm with additional creditors' rights and litigation-related projects as needed.

Skills

Legal collections

Creditors' rights

Civil litigation

Case management

Communication skills

Education

Paralegal studies degree

Associate degree

Bachelor's degree

Tools

CLS software

Collection-Master

Vertican

Q-Law

JST

WordPerfect

Job description

Trueline's client, a well-established Iowa law firm with a diverse legal practice and a strong reputation for client service, is seeking a Creditors' Rights Paralegal to join their team in Cedar Rapids, Iowa. This role is ideal for an experienced collections or litigation paralegal who can manage creditor-side matters, work directly with debtors and creditors, and help move cases through the full collections and litigation process. The position offers a $60,000-$80,000 base salary plus a 2% bonus on collections, creating significant earning potential for a high-performing professional.

What You’ll Do as the Creditors' Rights Paralegal:

• Serve as a primary point of contact for debtors, including confirming identity, providing required disclosures, documenting calls, and handling payment-related conversations
• Manage debtor information, case activity, payment history, and notes within the firm’s collections case management system
• Establish payment plans and process payment authorizations
• Review debtor payments and prepare regular payment and collection reports
• Negotiate settlements and prepare settlement agreements
• Coordinate trial settings, judgment debtor examinations, hearings, and trial preparation
• Prepare attorneys for hearings and trials by organizing files, documents, and case information
• Review files for suit and support the administrative process of filing collection actions
• Draft complaints, petitions, praecipes, wage garnishments, discovery requests, summary judgment motions, and affidavits of account
• Prepare and send demand letters and other collection correspondence
• Coordinate service fees and filing-related correspondence with sheriffs and other parties
• Communicate with creditors, forwarders, and other collection-related stakeholders
• Accept and process forwarder claims
• Maintain case calendars and docket deadlines related to demands, appeals, pleadings, hearings, and other litigation activity
• Maintain accurate case records and ensure files are complete and current
• Manage collection remittances and payment reporting on a daily, biweekly, and monthly basis
• Prepare deposits and coordinate banking activity for multiple firm accounts
• Retrieve and process firm mail and support other administrative functions related to collections operations
• Support the attorney and firm with additional creditors' rights and litigation-related projects as needed

Must-Haves as the Creditors' Rights Paralegal:

• At least 5 years of experience in a legal, collections, creditors' rights, civil litigation, or closely related environment
• Strong understanding of collections, creditors' rights, litigation administration, or a similar legal practice area
• Ability to manage multiple deadlines, case files, and competing priorities with a high level of accuracy
• Strong written and verbal communication skills
• Ability to communicate professionally and respectfully with debtors, creditors, attorneys, courts, and other stakeholders
• Strong organizational skills and attention to detail
• Ability to work independently while collaborating closely with the attorney and firm staff
• Comfort handling confidential financial, legal, and client information
• A professional, personable, and collaborative approach to working with a predominantly female office team

Nice-to-Haves as the Creditors' Rights Paralegal:

• Previous experience with CLS, Commercial Legal Software, Collection-Master, or Vertican platforms
• Experience with other collections case management systems such as Q-Law or JST
• Experience with WordPerfect
• Experience with wage garnishments, judgment debtor examinations, creditor claims, or collection litigation
• Experience drafting pleadings, discovery, motions for summary judgment, or affidavits of account
• Experience working in a small or midsize law firm
• Paralegal education or an associate's or bachelor's degree in paralegal studies, accounting, business, or a related field

Our Client Offers:

• Base salary of $60,000-$80,000, depending on experience and qualifications
• 2% bonus paid on all collections generated through the firm’s collection work
• Uncapped performance-based earning potential
• A compensation structure that can create substantial total earning potential for a high-performing professional
• Health insurance with approximately 50% of the employee's monthly premium paid by the firm
• 401(k) plan with employer contributions
• Safe harbor retirement contribution after one year of employment
• Additional discretionary profit-sharing potential after the second year
• Strong PTO program
• A stable, locally owned law firm with a long-standing reputation in the market
• Opportunity to work with a respected and growing organization that continues to expand its regional presence
• A supportive, professional work environment with meaningful responsibility and autonomy
• The opportunity to play a central role in a high-volume creditors' rights and collections practice

Trueline and its clients are unabashed equal-opportunity employers committed to a diverse workforce. We welcome smart and ambitious applicants and recruit, refer, hire, place, and promote without regard to race, color, gender, religion, national origin, ancestry, citizenship, disability, age, sexual orientation, or any other characteristic protected by federal or state law.