Home > Salary > Hungary > Manager Of Foreclosure And Bankruptcy
The role of a Manager of Foreclosure and Bankruptcy involves overseeing the foreclosure and bankruptcy processes within a company or financial institution. They are responsible for managing a team that handles all aspects of these legal proceedings, ensuring compliance with relevant laws and regulations. This includes monitoring and evaluating foreclosure and bankruptcy cases, coordinating with legal counsel, and working closely with borrowers or debtors to find appropriate solutions.
The Manager of Foreclosure and Bankruptcy must possess strong knowledge of foreclosure and bankruptcy laws, as well as a deep understanding of financial and lending practices. They should have excellent communication and negotiation skills to effectively interact with borrowers, legal professionals, and other stakeholders. Attention to detail and the ability to work in a fast-paced environment are also crucial for ensuring accuracy and efficiency throughout the process.
Estimated Yearly Salary: 8,324,867 HUF
Estimated Monthly Salary: 693,739 HUF
Estimated Weekly Salary: 160,094 HUF per week
Estimated Hourly Salary: 4,002 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 667,952 HUF
Estimated Weekly Salary: 154,143 HUF per week
Estimated Hourly Salary: 3,854 HUF per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 21,708 USD
Estimated Monthly Salary: 1,809 USD
Estimated Weekly Salary: 417 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 8,324,867 HUF
Estimated Monthly Salary: 693,739 HUF
Estimated Weekly Salary: 160,094 HUF per week
Estimated Hourly Salary: 4,002 HUF per hour
By working as Manager Of Foreclosure And Bankruptcy a person can save up to 1,049 USD per month or 12,583 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Manager Of Foreclosure And Bankruptcy
Last revision of data: 2025-01-04
Data as of 2025
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Manager Of Foreclosure And Bankruptcy salary in Hungary
Average Yearly Salary of Manager Of Foreclosure And Bankruptcy in Hungary is approximately 8,324,867 HUF (21,708 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Manager Of Foreclosure And Bankruptcy do?
The role of a Manager of Foreclosure and Bankruptcy involves overseeing the foreclosure and bankruptcy processes within a company or financial institution. They are responsible for managing a team that handles all aspects of these legal proceedings, ensuring compliance with relevant laws and regulations. This includes monitoring and evaluating foreclosure and bankruptcy cases, coordinating with legal counsel, and working closely with borrowers or debtors to find appropriate solutions.
The Manager of Foreclosure and Bankruptcy must possess strong knowledge of foreclosure and bankruptcy laws, as well as a deep understanding of financial and lending practices. They should have excellent communication and negotiation skills to effectively interact with borrowers, legal professionals, and other stakeholders. Attention to detail and the ability to work in a fast-paced environment are also crucial for ensuring accuracy and efficiency throughout the process.
Skills: Manager, Foreclosure, Bankruptcy, Legal Compliance, Financial Institution, Communication Skills
Job industry: Real estate
Job industry: Real estate
How much does Manager Of Foreclosure And Bankruptcy make?
Salary details
How much does Manager Of Foreclosure And Bankruptcy make?Estimated Yearly Salary: 8,324,867 HUF
Estimated Monthly Salary: 693,739 HUF
Estimated Weekly Salary: 160,094 HUF per week
Estimated Hourly Salary: 4,002 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,015,424 HUFEstimated Monthly Salary: 667,952 HUF
Estimated Weekly Salary: 154,143 HUF per week
Estimated Hourly Salary: 3,854 HUF per hour
Last revision of data: 2024-01-06Manager Of Foreclosure And Bankruptcy estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,708 USD
Estimated Monthly Salary: 1,809 USD
Estimated Weekly Salary: 417 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Manager Of Foreclosure And Bankruptcy job salary compared to average salary in Hungary.
Comparison shows that a person working as Manager Of Foreclosure And Bankruptcy in Hungary earns on average:
1.25 times the average salary (or 125% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Manager Of Foreclosure And Bankruptcy job salary compared to average salary in Hungary.
Comparison shows that a person working as Manager Of Foreclosure And Bankruptcy in Hungary earns on average:
1.25 times the average salary (or 125% of average salary).
Is Manager Of Foreclosure And Bankruptcy a well paid job?
Yes, our data shows that Manager Of Foreclosure And Bankruptcy is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Manager Of Foreclosure And Bankruptcy?
High salary for Manager Of Foreclosure And Bankruptcy would be somewhere between 9,157,354 HUF and 12,071,057 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Manager Of Foreclosure And Bankruptcy in Hungary?
Living in Hungary the approximate monthly expenses are: 760 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 8,324,867 HUF
Estimated Monthly Salary: 693,739 HUF
Estimated Weekly Salary: 160,094 HUF per week
Estimated Hourly Salary: 4,002 HUF per hour
By working as Manager Of Foreclosure And Bankruptcy a person can save up to 1,049 USD per month or 12,583 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Manager Of Foreclosure And Bankruptcy
Austria is 64,128 USD
Slovakia is 25,216 USD
Ukraine is 4,861 USD
Romania is 17,896 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Orthopedic cast technician (4,406,255 HUF per year, pre-tax.)
Network expert (9,840,802 HUF per year, pre-tax.)
Compliance specialist (7,009,553 HUF per year, pre-tax.)
Promotions manager (5,663,023 HUF per year, pre-tax.)
Sustainable architect (11,581,488 HUF per year, pre-tax.)
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