As of April 01, 2025, the average annual salary for a Bankruptcy Specialist I in Memphis, TN is $42,373. Salary.com reports that pay typically ranges from $37,638 to $46,428, with most professionals earning between $33,327 and $50,120.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $49,566 | $4,131 | $953 | $24 |
| Average | $45,237 | $3,770 | $870 | $22 |
| 25th Percentile | $40,182 | $3,349 | $773 | $19 |
An entry-level Bankruptcy Specialist I with under 1 year experience makes about $42,020. With less than 2 years of experience, a mid-level Bankruptcy Specialist I makes around $42,495. After 2-4 years, the Bankruptcy Specialist I pay rises to about $43,402. Those senior Bankruptcy Specialist I with 5-8 years of experience earn roughly $43,584, and those Bankruptcy Specialist I having 8 years or more experience are expected to earn about $43,705 on average.
| Levels | Salary |
|---|---|
| Entry Level Bankruptcy Specialist I | $42,020 |
| Intermediate Level Bankruptcy Specialist I | $42,495 |
| Senior Level Bankruptcy Specialist I | $43,402 |
| Specialist Level Bankruptcy Specialist I | $43,584 |
| Expert Level Bankruptcy Specialist I | $43,705 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 4% |
| 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
|
$57,204 |
35%
|
|
Service Quality
|
$52,119 |
23%
|
|
Commitment
|
$51,272 |
21%
|
|
Integrity
|
$50,848 |
20%
|
|
Effective Communication
|
$49,153 |
16%
|
|
Initiative
|
$48,306 |
14%
|
