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Job description
Join our team as a Bankruptcy & Legal Specialist at IHMVCU!
nWe are committed to providing exceptional financial services to our members and community. We believe in fostering a collaborative and supportive work environment where every team member can thrive. This position is located at our headquarters on River Drive in Moline, Illinois, featuring a comfortable office environment and an on-site fitness center.
nnSummary of Position:
nAs a Bankruptcy & Legal Specialist , you will oversee bankruptcy accounts from initial notification through dismissal, discharge, or other resolution. You will review filings, monitor deadlines, prepare and submit required documentation, and work closely with attorneys, trustees, members, and internal teams to protect the credit union's interests while ensuring all actions comply with bankruptcy laws and regulations.
nThis position will primarily focus on Chapters 7, 11, and 13 bankruptcy cases. You will also provide backup support to other areas of the Legal team as needed, including deceased member accounts, levies, garnishments, vehicle repossessions, and collateral recovery.
nThis role is ideal for someone who exercises sound independent judgment, communicates effectively, maintains thorough documentation, and enjoys resolving complex, time-sensitive situations.
nnThe successful candidate should have following skills/qualifications:
nnHigh school diploma or equivalent required; college coursework in business, finance or law preferred
n3+ years of experience in bankruptcy servicing, collections, legal recovery, or related areas
nStrong knowledge of bankruptcy laws and processes, including Chapters 7, 11 and 13
nStrong communication skills, including negotiation and conflict resolution
nExperience working with legal professionals, trustees, vendors and financial systems
nAbility to analyze complex cases, manage required deadlines, and take timely, compliant action
nDetail-oriented, resourceful, and comfortable working independently on time-sensitive matters
n nnKey Responsibilities:
nnProcess incoming bankruptcy notices, complete required system updates, and communicate time-sensitive information to internal and external stakeholders.
nManage Chapter 7, 11, and 13 bankruptcy accounts from initial filing through dismissal, discharge, or other resolution.
nReview petitions, schedules, plans, and notices to evaluate financial information, collateral, claim treatment, and potential concerns requiring escalation.
nPrepare and file Proofs of Claim, reaffirmation agreements, and other required documents within court-mandated timeframes.
nMonitor case activity, including payments, trustee objections, court deadlines, collateral protection, and the execution of required documents.
nCoordinate with attorneys, trustees, courts, members, and internal departments; refer accounts to outside counsel.
nMaintain accurate case records and reporting related to bankruptcy filings, case status, reaffirmation rates, charge-offs, and recoveries.
nSupport other Legal team functions as needed, including deceased member accounts, levies, garnishments, repossessions, and collateral recovery.
n nnWhy Join IHMVCU?
nBeing part of Team IHMVCU is more than just a job. It's an opportunity to make a positive impact on our members, our communities, and your career.
nWe offer:
nnOutstanding training, support, and resources to help you succeed.
nCompetitive compensation.
n401(k) with company match and profit sharing.
nPaid holidays and generous paid time off.
nTuition reimbursement.
nPaid community volunteer opportunities.
nComprehensive health, dental, and vision insurance.
nAccess to our on-site fitness center.
n nnCheck out our careers page for more information including benefits Final compensation will be determined by various factors such as experience, specific skills and internal pay equity.
nnMove Up your career at IHMVCU with this great opportunity!
nnPhysical Requirements
nnSitting: Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
nTalking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
nHearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.
nFinger, handle, touch: Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.
nLifting Demands: Up to 10 lbs.
nVisual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.
n
Worksite address
moline, IL, 61266, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.