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Mighty has created an industry-leading personal injury team that has servicing down to a science. Due to the long duration of personal injury assets and the difficulty of corresponding with attorneys, many PI lienholders struggle to collect on their receivables and lack transparency into the process.
By using Mighty’s PI software and Mighty’s proven end-to-end servicing playbook, our Servicing Team helps financial parties in personal injury cases get paid.
Stakeholders in PI cases struggle to collect because:
Attorneys Forget to Pay
Inundated with dozens of cases, each with dozens of liens, attorneys lose track and forget to pay.
Their responsibility is to get the plaintiff the most money, at the expense of the lienholders.
Plaintiffs Switch Attorneys
The new attorney may be completely unaware of outstanding bills and liens.
PI Receivables are Small
Following up on hundreds of small liens takes a lot of time and energy.
Mighty's professional servicing solution takes into account all steps from origination to collection, resulting in:
Mighty will maximize your returns on negotiated cases and decrease the incidence of default.
Mighty's Servicing Team records every single call and update on the Mighty OS for your review.
Mighty only gets paid when you do. Mighty is incentivized on every negotiation to maximize payouts, while maintaining cordial conduct.
Mighty's team functions as your internal team. We customize our outreach to your preferences, even identifying ourselves as your company's representatives.