A Manager of Foreclosure and Bankruptcy earns an average salary of $51,080 per year.

$39,822 - $98,326
$40K
$51K
$98K
MEDIAN: $51,079
10%
50%
90%

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$20.49 - $25.00
$22
MEDIAN: $22.00
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$39,822 - $98,326  
   
Bonus
$3,000  
Profit Sharing
$1,100  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,268 - $94,935  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 17
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$22.00  
   
Overtime
$30.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$3,000  
   
Profit Sharing
$1,100  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,268 - $94,935  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 5

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Job Description for Manager of Foreclosure and Bankruptcy

A manager of foreclosure and bankruptcy typically works for a financial institution that engages in real estate financing agreements. A party in receipt of a loan or mortgage might be unable to meet their financial obligations to pay according to a contract, and no other remedies are available. In this situation, the institution typically will institute procedures to foreclose and take back the property. This manager is the person who oversees such actions and ensures that they proceed according to the stipulations of contractual obligations along any federal or state regulations that may pertain.

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Manager of Foreclosure and Bankruptcy Tasks

  • Manage and/or advise clients in bankruptcy and foreclosures, conducting workouts and restructuring of finances.
  • Manage client issues and oversee and assist with risk identification and resolution for all cases.
  • Develop financial valuation models and frameworks, implementing and training specialists on performance standards.
  • Supervise bankruptcy and foreclosure specialists and work flow, coordinating activities and evaluating staff and performance.
  • Perform and provide clients with budgetary and business case analysis and economic condition forecasts.

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Pay by Experience Level for Manager of Foreclosure and Bankruptcy

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Key Stats for Manager of Foreclosure and Bankruptcy

Gender

Female
57 %
Male
43 %
1-4 years
18%
5-9 years
27%
10-19 years
36%
20 years or more
18%
Location:
Years in Fields/Career:
United States (change)

Related Jobs

Experience Affects Manager of Foreclosure and Bankruptcy Salaries

Late-Career
up arrow 40%

Experienced
up arrow 13%

National Average
$51,000

Entry-Level
up arrow 2%

Mid-Career
up arrow 12%

Gender

Female
57 %
Male
43 %

Years of Experience

1-4 years
18%
5-9 years
27%
10-19 years
36%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 67%
dental benefits
Dental: 75%
vision benefits
Vision: 58%
dental benefits
None: 25%
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