Collections Paralegal
Company Overview
Our client is a funding and lending company that prides itself in transparency, efficiency, and a "no surprises" approach. Partnering with over 5200 businesses, our client has a proven track record of strong business relationships and elevated service.
Position Overview
We are seeking a highly organized and detail-oriented Collections Paralegal to join our legal team. The ideal candidate will have a solid understanding of collection laws and procedures, as well as experience working in a fast-paced legal environment. The Collections Paralegal will assist attorneys in managing the legal collection process, ensuring compliance with all regulations, and maintaining accurate records for clients.
Location: Toms River, New Jersey
Salary: $75,000-$100,000 USD/Annually + commission
Schedule: Monday - Friday, 10:00 AM – 6:00 PM
Key Responsibilities
- Assist attorneys in the preparation and filing of collection lawsuits, motions, and other legal documents.
- Communicate with clients, debtors, and opposing counsel to facilitate the collection process.
- Conduct legal research on collection laws, procedures, and case precedents.
- Draft demand letters, settlement agreements, and other collection-related correspondence.
- Review and analyze financial records and documents to identify assets for collection.
- Prepare and organize case files, evidence, and exhibits for hearings, depositions, and trials.
- Assist in the preparation of responses to discovery requests and other legal inquiries.
- Track and manage deadlines, ensuring compliance with court rules and filing requirements.
- Coordinate with collection agencies and credit reporting agencies as needed.
- Maintain case files, ensuring all information is up to date and accurate in the case management system.
- Provide administrative support to the legal team, including scheduling and document management.
- Monitor the progress of ongoing cases and provide updates to attorneys and clients.
Qualifications
- Associate's degree in Paralegal Studies, or a Bachelor’s degree with a Paralegal Certification.
- At least 2 years of experience as a paralegal, preferably in collections or creditor rights law.
- Strong understanding of collections laws, regulations, and procedures.
- Proficient in legal research, drafting legal documents, and case management.
- Exceptional organizational skills with the ability to handle multiple tasks and meet deadlines.
- Excellent written and verbal communication skills.
- Proficient in Microsoft Office Suite and legal case management software.
- Ability to work independently and as part of a team.
- High attention to detail and strong problem-solving abilities.
Preferred Qualifications
- Experience with both state and federal collections procedures.
- Knowledge of bankruptcy law and its implications on collections.
- Certification through a recognized paralegal association (e.g., NALA, NFPA).
Compensation
The published salary range is used as a guide to provide prospective candidates with a level of compensation that is competitive with today’s market. The salary range for this position is a good faith estimate that allows for flexibility to align with various levels of experience, education, and performance.
EEO Statement
Topaz HR is an Equal Opportunity Employer, and we do not discriminate on the basis of race, color, religion, gender, national origin, age, disability, or any other status protected by applicable law. We value and are committed to creating an inclusive environment for all employees.
Please Note: Topaz HR is conducting this search on behalf of one of our clients. The employer's name will be disclosed during the interview process, and all hiring decisions will be made directly by the client.
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