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 -- medical providers, funders, attorneys -- struggle to collect on their receivables and lack transparency into the process.
By using Mighty’s PI software and 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 team manages your liens or LOP's from confirmation, tracking, negotiation, to collection.
It's a three-step process:
1. We upload your case information to the Mighty Software
2. We confirm your liens with attorneys and follow up to get case updates
3. We support you all the way through payment
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's team functions as your internal team. We customize our outreach to your preferences, even identifying ourselves as your company's representatives.