The settlement process can be difficult to understand and take quite a bit of time to resolve. Pre-settlement funding can provide some much-needed relief. Here are some answers to common questions that arise during the pre-settlement process.
How long does this process take?
Once we receive your completed application, the funding process usually takes between 1 and 3 business days.
Will I need a lawyer?
Yes. You must have an attorney representing your case. Peachtree will work directly with your attorney to ensure that all paperwork is complete and funding is delivered as quickly as possible.
Who will I be working with at Peachtree?
You’ll work with one dedicated representative throughout the entire process. This representative will be familiar with all the ins and outs of your case, and will be available to answer any questions you and your attorney might have.
What documents will I need?
This can vary but for most cases your attorney will need to provide a completed application, a police report and any medical reports if applicable.
What types of cases does Peachtree fund?
- Personal Injury
- Premises Liability
- Product Liability
- Medical Malpractice
- Motor Vehicle Accidents
- General Liability
- Wrongful Death
Does Peachtree offer pre-settlement funding in my state?
Current eligible states are: AK, CA, CT, DE, FL, GA, IA, LA, KS, KY, MA, MI, NV, NH, NJ, NY, OH, OK, OR, PA, SC, SD, TX, UT, VA, WA, WY
Does it cost anything to apply for pre-settlement funding?
No. The application process is free. You pay nothing until your case is settled.
Are there any additional fees or costs?
No, our fees include a competitive monthly compounding fee on the amount funded which will include a one-time $75 document preparation fee.
Are pre-settlement funds the same as a loan?
No, it is the sale of a portion of the potential proceeds of the lawsuit. Unlike a loan, if the case is unsuccessful, you do not have to pay back the funding you received from Peachtree or incur any fees.
Will my attorney be required to sign any documents?
Yes, the attorney signs the “Acknowledgement by Counsel.” The attorney acknowledges the assignment of a portion of the proceeds and agrees to pay the amount due from the settlement proceeds to Peachtree upon settlement of the case.