Job Description
**Overview:**
Receive and verify notification of debtor death. Contact attorneys or executors to find out intentions for the debt.
**Primary Responsibilities:**
+ Depending on debtor intentions, continue to manage account until payment is received on both secured and unsecured accounts.
+ Prepare analysis of collateral to determine potential loss mitigation options and/or default resolution.
+ Negotiate loss mitigation options including settlements, short-sales, refinancing, etc.
+ Manage the Probate Finder relationship, and make recommendations for process improvements.
+ Perform skip-tracing.
+ Order title searches and contact Credit Bureau or analyze credit reports to validate lien position.
+ Determine if there is life insurance on the account, then gather appropriate information as necessary in order to file a claim; follow-up with insurance company for resolution.
+ Monitor daily file from Probate Finder, research notifications and ...
Receive and verify notification of debtor death. Contact attorneys or executors to find out intentions for the debt.
**Primary Responsibilities:**
+ Depending on debtor intentions, continue to manage account until payment is received on both secured and unsecured accounts.
+ Prepare analysis of collateral to determine potential loss mitigation options and/or default resolution.
+ Negotiate loss mitigation options including settlements, short-sales, refinancing, etc.
+ Manage the Probate Finder relationship, and make recommendations for process improvements.
+ Perform skip-tracing.
+ Order title searches and contact Credit Bureau or analyze credit reports to validate lien position.
+ Determine if there is life insurance on the account, then gather appropriate information as necessary in order to file a claim; follow-up with insurance company for resolution.
+ Monitor daily file from Probate Finder, research notifications and ...