As of March 01, 2025, the average annual salary for a Bankruptcy Specialist I in Detroit, MI is $47,260. Salary.com reports that pay typically ranges from $41,926 to $52,509, with most professionals earning between $37,070 and $57,287.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,092 | $4,341 | $1,002 | $25 |
| Average | $46,885 | $3,907 | $902 | $23 |
| 25th Percentile | $41,594 | $3,466 | $800 | $20 |
An entry-level Bankruptcy Specialist I with under 1 year experience makes about $46,268. With less than 2 years of experience, a mid-level Bankruptcy Specialist I makes around $46,815. After 2-4 years, the Bankruptcy Specialist I pay rises to about $47,976. Those senior Bankruptcy Specialist I with 5-8 years of experience earn roughly $48,208, and those Bankruptcy Specialist I having 8 years or more experience are expected to earn about $48,363 on average.
| Levels | Salary |
|---|---|
| Entry Level Bankruptcy Specialist I | $46,268 |
| Intermediate Level Bankruptcy Specialist I | $46,815 |
| Senior Level Bankruptcy Specialist I | $47,976 |
| Specialist Level Bankruptcy Specialist I | $48,208 |
| Expert Level Bankruptcy Specialist I | $48,363 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 3% |
| Experienced | 3% |
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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.
Written Communication: Communicating information through written media to educate, inform and influence the target audience.
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
Benefits Programs: Benefits programs vary greatly, but typically they include medical insurance, life and disability insurance, retirement income plan benefits, paid-time-off benefits, and educational assistance programs.
| Skill | Salary | Demand |
|---|---|---|
|
Leadership
|
$63,802 |
35%
|
|
Service Quality
|
$58,130 |
23%
|
|
Commitment
|
$57,185 |
21%
|
|
Integrity
|
$56,713 |
20%
|
|
Effective Communication
|
$54,822 |
16%
|
|
Initiative
|
$53,877 |
14%
|
