Bankruptcy Specialist III Salary in Chicago, Illinois

How much does a Bankruptcy Specialist III make in Chicago, IL? The average Bankruptcy Specialist III salary in Chicago, IL is $50,308 as of August 27, 2019, but the range typically falls between $39,986 and $53,991. 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. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Skills Associated with Bankruptcy Specialist III: Bankruptcy Regulations, Banking Software, Inquiry Research/Response, Quality Assurance Process ...More

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Salary estimation for Bankruptcy Specialist III at companies like : FS BANCORP, INC., HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Bankruptcy Specialist III : Seafood Manager, Documentation Specialist, Business Office Supervisor

Job Description

Bankruptcy Specialist III 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 III 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 III captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Typically requires a bachelor's degree. Typically reports to a supervisor. The Bankruptcy Specialist III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Bankruptcy Specialist III typically requires 4 to 7 years of related experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Bankruptcy Specialist III.

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Average Base Salary

Core compensation

 
 
 
39986
53991
50308

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
40449
56975
51949
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Bankruptcy Specialist III in Chicago, IL. The base salary for Bankruptcy Specialist III ranges from $39,986 to $53,991 with the average base salary of $50,308. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,449 to $56,975 with the average total cash compensation of $51,949.
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39986
53991

 

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Job Openings for Bankruptcy Specialist III in Chicago, IL
Those that have already made the climb...
Pamela J. Shelley-Kessler , Executive Vice President, Chief Financial Officer and Corporate Secretary
"LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operatin... More
Fiscal Year Ended in 2018
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