Collections Paralegal

Position: Collections Paralegal

Location: Toms River, New Jersey

Salary: $65,000 – 85,000 plus commission

Schedule: 10:00 AM – 6:00 PM, M-F

Job Summary: 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.

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).

If you are passionate about collections law and have a desire to contribute to a successful legal team, we encourage you to apply for the Collections Paralegal position.