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How much does a Bankruptcy Specialist II make?

As of February 01, 2025, the average annual salary for a Bankruptcy Specialist II in the United States is $52,744. Salary.com reports that pay typically ranges from $46,557 to $59,455, with most professionals earning between $40,924 and $65,565.

Bankruptcy Specialist II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $59,455 $4,955 $1,143 $29
Average $52,744 $4,395 $1,014 $25
25th Percentile $46,557 $3,880 $895 $22

Average Salary

25% $46,557 10% $40,924 90% $65,565 75% $59,455 $52,744 50%(Median) Didn’t find job title? Click
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How much does a Bankruptcy Specialist II make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Bankruptcy Specialist II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Bankruptcy Specialist II hourly pay, weekly pay, monthly pay and so on.

Last Updated on February 01, 2025
Last Updated on February 01, 2025

How Does Experience Level Affect a Bankruptcy Specialist II's Salary?

An entry-level Bankruptcy Specialist II with less than 1 year of experience earns about $50,220. With 1-2 years of experience, the average salary increases to $50,403. For 2-4 years of experience, the pay typically rises to $51,592. Senior-level professionals with 5-8 years of experience earn around $54,713, and those with over 8 years of experience can expect an average of $55,705.

Levels Salary
Entry Level Bankruptcy Specialist II $50,220
Intermediate Level Bankruptcy Specialist II $50,403
Senior Level Bankruptcy Specialist II $51,592
Specialist Level Bankruptcy Specialist II $54,713
Expert Level Bankruptcy Specialist II $55,705
$50,220 0 yr
$50,403 < 2 yrs
$51,592 2-4 yrs
$54,713 5-8 yrs
$55,705 > 8 yrs
Last Updated on February 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 2%
Top Level 4%
Experienced 6%
View as graph
Last Updated on February 01, 2025

How much does salary of Bankruptcy Specialist II vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of February 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Bankruptcy Specialist II is $65,931.
  • In New York, NY, the average annual salary is $61,606.
  • In Boston, MA, a Bankruptcy Specialist II earns $59,127 per year.

What is the salary trend of Bankruptcy Specialist II?

As of February 01, 2025, our research reveals a significant shift in Bankruptcy Specialist II compensation over the past six years. For example, the median salary increased from $68,075 in 2023 to approximately $68,522 in 2024. (For a detailed analysis of Bankruptcy Specialist II salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Bankruptcy Specialist II Over Time

2020
$???
2021
$???
2022
$???
$68,075
2023
$68,522
2024
$68,065
2025
2026
$???
Last Updated on February 01, 2025
2020
$???
2021
$???
2022
$???
2023
$68,075
2024
$68,522
2025
$68,065
2026
$???
Last Updated on February 01, 2025

Bankruptcy Specialist II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $68,075
2024 $68,522
2025 $68,065
2026 View More
Last Updated on February 01, 2025

Job Openings of Bankruptcy Specialist II

Salary.com job board provides millions of Bankruptcy Specialist II information for you to search for. Click on search button below to see Bankruptcy Specialist II job openings or enter a new job title here.

Most Common Benefits for Bankruptcy Specialist II

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.0%
Bonuses 2.4%
Social Security 5.4%
401k/403b 3.3%
Disability 0.6%
Healthcare 7.8%
Pension 3.9%
Time Off 8.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $52,744 68.0%
Bonus $1,886 2.4%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,179 5.4%
401K/403B $2,568 3.3%
Disability $437 0.6%
Healthcare $6,056 7.8%
Pension $3,005 3.9%
Time Off $6,724 8.7%
Total Compensation $77,598 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on February 01, 2025

What are the salaries of a Bankruptcy Specialist II with different levels of education?

Salaries for Bankruptcy Specialist II with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Bankruptcy Specialist II with a High School Diploma or Technical Certificate is $49,213 - $52,729. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Bankruptcy Specialist II Salaries by Degree Level

Last Updated on February 01, 2025
Typical Education for Bankruptcy Specialist II
Degree Level % of user with this level of education
Bachelors 66.7%
Masters 33.3%
Typical Education for Bankruptcy Specialist II
Bachelors 66.7%
Masters 33.3%
view as table

Bankruptcy Specialist II Salaries by Degree Level

Last Updated on February 01, 2025

What Am I Worth?

FAQ about Bankruptcy Specialist II

1. What is the average salary of a Bankruptcy Specialist II?

The average annual salary of Bankruptcy Specialist II is $52,744. In case you are finding an easy salary calculator, the average hourly pay of Bankruptcy Specialist II is $25; the average weekly pay of Bankruptcy Specialist II is $1,014; the average monthly pay of Bankruptcy Specialist II is $4,395.

2. Where can a Bankruptcy Specialist II earn the most?

A Bankruptcy Specialist II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Bankruptcy Specialist II earns the most in San Jose, CA, where the annual salary of a Bankruptcy Specialist II is $66,194.

3. What is the highest pay for Bankruptcy Specialist II?

The highest pay for Bankruptcy Specialist II is $65,565.

4. What is the lowest pay for Bankruptcy Specialist II?

The lowest pay for Bankruptcy Specialist II is $40,924.

5. What are the responsibilities of Bankruptcy Specialist II?

Bankruptcy Specialist II is responsible for the documentation and filing of loan bankruptcy materials. Responds to calls, concerns, and correspondence for bankrupt loan accounts. Being a Bankruptcy Specialist II monitors accounts throughout the loan bankruptcy process and contacts the appropriate party when necessary. Ensures full compliance with loan bankruptcy regulations, and verifies the bankruptcy is secured. Additionally, Bankruptcy Specialist II distributes account balances and interest rates to the secured and unsecured balances. Stays up to date with bankruptcy laws and regulations. May require a bachelor's degree. Typically reports to a manager. The Bankruptcy Specialist II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Bankruptcy Specialist II typically requires 2-4 years of related experience.

6. What are the skills of Bankruptcy Specialist II

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

1.)

Written Communication: Communicating information through written media to educate, inform and influence the target audience.

2.)

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

3.)

FileNet: FileNet is the most widely used high-end workflow system and runs on PCs and a variety of Unix workstations. The company coined the term "enterprise content management" (ECM) to apply to the dissemination of content in all its forms, such as images, forms, emails, scanned documents and electronic files.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Bankruptcy Specialist II is $52,744 per year in the United States, updated at February 01, 2025.
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