Company Name: VARITE India Private Limited

About The Client:

Providing Back-Office Support Services to the Financial Services Industry

About The Job:
- A Mortgage Bankruptcy Process Specialist is responsible for managing and overseeing mortgage accounts that are involved in bankruptcy proceedings.
- This role requires a detailed understanding of bankruptcy laws, loan servicing, and compliance procedures to navigate the complexities of bankruptcy cases and ensure optimal outcomes for both the lender and the borrower.

Essential Job Functions:
- Bankruptcy Case Management:
- Review bankruptcy petitions and legal documents to determine the status of mortgage accounts.
- Coordinate with bankruptcy attorneys, courts, and other stakeholders to facilitate the resolution of mortgage debts in bankruptcy cases.
- Monitor bankruptcy plans, filing deadlines, and requirements for creditor claims.
- Maintain accurate records of all bankruptcy-related actions and communications.
- Compliance and Regulatory Adherence:
- Ensure compliance with federal and state bankruptcy laws,



including the Bankruptcy Code and rules set by the U.S. Bankruptcy Court.
- Review and track legal requirements related to the servicing of loans under Chapter 7, Chapter 13, and other types of bankruptcies.
- Ensure adherence to all investor guidelines, company policies, and regulations related to bankruptcy and mortgage servicing.
- Liaison Between Borrower and Lender:
- Serve as the main point of contact for attorney firm undergoing bankruptcy, providing information and guidance on the mortgage process during the bankruptcy.
- Collaborate with loan servicing teams to provide accurate account information, payment history, and balances to courts and bankruptcy trustees.
- Assist borrowers in understanding the impact of bankruptcy on their mortgage and available options for debt resolution, such as loan modifications, foreclosure avoidance, or settlement.
- Documentation and Reporting:
- Prepare and submit

📌 Mortgage Bankruptcy (Bengaluru)
🏢 VARITE
📍 Bengaluru