How We Pay You Your Lump Sum

Talk to a representative now.

Once a judge reviews and approves your transaction, there’s only one step left to our process: getting you your money. Everything you’ve done up to this point with Peachtree has led to this moment.

After we receive court approval, our team works to get you your money as quickly as possible. Unlike some of our competitors, Peachtree is a direct funder, which means we already have the money for your lump sum available all we need to do is send it to you the way you requested. When you signed your contract, you let us know which way you preferred to receive your cash.

Before we complete the transaction, our representative will double check with you to make sure that you didn’t change your mind. If you didn’t, they send you your money. If you did, they’ll send you an updated form to sign and send your cash once you send the completed document back. Getting your lump sum is easy, you can choose between two different options:

  • Direct Deposit
  • Check

What Is Direct Deposit

Direct Deposit is when Peachtree sends the money directly to your account. Having your lump sum sent electronically is usually the quickest way to get your cash. In many cases, you’ll have the funds available in as little as one to three business days after we receive court approval and all supporting documents.

If you want to get your lump sum through direct deposit, all we need from you is a voided check or a statement from your bank that includes the routing number and your account number you want the money sent to.

We Can Cut You A Check

Getting your money through direct deposit is usually the fastest way to receive your lump sum, but it’s not the only option. If you don’t have a bank account, or you’re not comfortable having money direct deposited into it, Peachtree will send you a check.

After we receive approval, we’ll send your check via Federal Express or certified mail and it should arrive within two to three business days. We want to make sure your money doesn’t get lost, so the delivery company we use will require a signature before dropping off your check. Be sure that you or someone you trust is home when your check is scheduled to be delivered.

What Happens With Your Remaining Payments

Most people we work with don’t have to sell all of their remaining structured settlement payments to get the lump sum they want. Instead, they sell a limited number of payments or a portion of every payment.

Peachtree only purchases the payments you agreed to in the purchase contract. The payments that you did not sell will still come to you.

You May Receive A Passback Payment

If you only sell a portion of your future payments, the insurance company issuing your structured settlement payments will typically send out two checks. We’ll receive the portion that we purchased and you’ll get a second check with the remainder of your regular payment. However, not all insurance companies offer to split your payments. If the company issuing your payments won’t split the check, we’ll set up a passback payment.

If you need to receive a passback payment, your insurance company will send Peachtree Financial a check for the full amount of your structured settlement payment. We’ll retain the portion we agreed to purchase and send you the rest. This process is very fast, so you should receive your portion of the payment close to the time you were scheduled to receive your regular payment.

Next: Sell Your Remaining Payments For Another Lump Sum

Peachtree is a purchaser of assets and does not offer legal, tax, or financial advice. Please contact independent professionals for those services. All transactions are done at Peachtree’s sole discretion.

Not finding what you're looking for?
See all Peachtree Financial Solutions


Chat right now with an
online representative.

Chat Now