Are you currently receiving money from a structured settlement but find that the regular payments don’t give you your money when you need it? Maybe we can help.
At Peachtree, we’ll buy your future structured settlement payments for a lump sum you can spend sooner. Our goal is to give you more ways to access your money, enabling you to spend it the way you need to.
You received your structured settlement because of a personal injury, medical malpractice, or wrongful death claim. Selling your payments requires a specific process, one that we have a lot of experience in. If you’re thinking about selling your structured settlement payments, or if you’re just curious how the process works, we wanted to answer some of the most common questions about our process.
Every structured settlement is unique, which means every payment sale will be different, but they all have the same basic six steps.
- You call one of our representatives
- We give you an offer for your payments
- You review and sign the purchase agreement
- We request a day in court
- A judge reviews the transaction and determines whether it is in your best interest
- You get your cash
Your First Call: Speaking to a Representative
If you’re interested in selling your structured settlement payments, the first step is getting in touch with one of our representatives. They’ll ask you some questions about your structured settlement and how much money you need.
We Offer to Buy Your Future Payments
After reviewing your structured settlement, our representative will create an offer to purchase your future payments. Depending on how large of a lump sum you need, we might be able to give you a few different options. In many cases, you won’t have to sell all your payments. After you receive your offer, take some time to go over your options and decide if selling your payments is what you want to do.
Signing Your Purchase Contract
If you accept an offer, we send you a purchase contract for you to review and sign. This is a contract that details your agreement to sell your structured settlement payments to Peachtree.
Preparing for Your Day in Court
Once you sign the contract and send it back to us, we make sure we have everything we need to petition for a court date. Our representative will walk you through the next steps and answer any additional questions you might have.
A Judge Reviews the Sale
In most states, you will have to appear in court yourself so that the judge can ask you any questions they have about the document or why you’re looking to get a lump sum. If you do have to appear in court, our representative will help you prepare.
You Get Your Cash
If the judge approves the sale, you’re in the final stretch. In many cases, you can have your lump sum in just a few business days. You can choose to receive your money either as a check or we can deposit it directly in your bank account.
You Can Always Sell Your Additional Payments Later
Once you receive your lump sum, it’s your money to spend. There’s no more paperwork, just cash. If you didn’t need to sell all of your future payments, you’ll continue to receive the remainder of your structured settlement payments.
If you decide that you want to sell some or all of those remaining payments, we’ll be happy to offer you another lump sum even if you sold your payments to one of our competitors the first time. Don’t let your future be limited by your structured settlement payments. Contact Peachtree Financial today to learn more about your options.
Peachtree is a purchaser of assets and does not provide legal, tax, or investment advice. Please contact independent professionals for those services. All transactions are done at Peachtree’s sole discretion.