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Senior Legal Asset Recovery Specialist

1 week ago

Mississauga, Ontario, Canada Fairstone Full time
Job Summary:

The Senior Legal Asset Recovery Specialist will play a key role in the recovery of bad debt, including locating debtors using advanced tools, assessing risks, and referring accounts for further legal action. The ideal candidate will assist in legal research, documentation, and enforcement actions to facilitate garnishment and collections while ensuring compliance with industry regulations.

Key Responsibilities:
  • Assist in skip tracing investigations to locate debtors and assess financial status.
  • Support legal strategy for garnishment and asset recovery.
  • Conduct legal research and prepare court briefs and Notices of Garnishment.
  • Follow up on judgment execution, including garnishments and repossessions.
  • Attend Settlement Hearings, as needed.
  • Assess and escalate legal and financial risks to the Legal and Recovery Manager.
  • Draft and review legal pleadings, including but not limited to Plaintiff's Claims, Notice of Garnishment, and motion pleadings.
  • Prepare and track warranty rebates for financial recovery.
  • Adhere to company policies and assist in refining best practices for legal asset recovery.
  • Perform additional legal support duties as assigned.