How much does a Bankruptcy Specialist I make in the United States? The average Bankruptcy Specialist I salary in the United States is $40,007 as of April 27, 2021, but the range typically falls between $35,025 and $42,307. 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. 

25% $35,025 10% $30,489 90% $44,401 75% $42,307 $40,007 50%(Median)
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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 2021 Salary.com)... View full job description

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Job Openings for Bankruptcy Specialist I
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2019
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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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
35025
42307
40007

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
35970
45463
41826
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bankruptcy Specialist I in the United States. The base salary for Bankruptcy Specialist I ranges from $35,025 to $42,307 with the average base salary of $40,007. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,970 to $45,463 with the average total cash compensation of $41,826.
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35025
42307

 

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Skills associated with Bankruptcy Specialist I: Loan Software, Quality Assurance Process, Legal Document Review, Inquiry Research/Response ...More

Salary estimation for Bankruptcy Specialist I at companies like : PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC, Square, Inc.