It’s very important that you understand everything about the sale of your structured settlement payments, and your dedicated representative will do their best to address any questions you might have. Here, you can find the answers to some of the most common questions that arise during the process.
How long will it take?
Every case is different, and the total length of the process varies based on individual circumstances. We work as efficiently as possible for all aspects of the transfer that are in our control. However, it’s important to note that filing and preparing for court can take some time to ensure your transfer goes as smoothly as possible. The average transaction funds within 60 to 90 days of Peachtree receiving completed paperwork (individual transaction times vary based on individual circumstances). If you have a pressing need that cannot wait until funding, you can typically receive a cash advance of a portion of your purchase price within 24 to 72 business hours after we receive your required documents.*
*Advances are subject to approval at Peachtree’s sole discretion. Cash advances are not a loan. They are an advance of part of the purchase price for the sale of your structured settlement payments. Call 800-444-0916 for additional terms and conditions.
Will I need a lawyer?
In some states, you may be required by statute to consult with a professional advisor. If you have questions about the legal or financial implications of your transfer we encourage you to obtain independent advice, because we want our customers to have the best understanding possible of their transaction.
Who will I be working with at Peachtree?
You will work with one representative throughout the entire process. This representative will be familiar with all the ins and outs of your transfer, and will be available to answer any questions you might have.
What documents will I need?
Generally, we will need a copy of your annuity contract and settlement agreement. Your individual circumstances will dictate what additional documentation we need. This documentation could include: divorce decrees, child support documentation, bankruptcy documents, proof of domicile, and additional documents pertaining to your settlement and annuity.
Will I need to appear in court?
All transfers require court approval and the majority of jurisdictions will require you to appear in court for a best interest hearing. This is for your own protection, to make sure you understand all the details of the sale and to ensure the transfer is in your best interest.
Do I have to sell my entire structured settlement payment stream?
No. You can choose to sell only part of your structured settlement payment stream. When we discuss your financial needs with you, we’ll outline all your options to help you determine the best course of action.
Why does it matter what I’ll do with the money?
When you receive a settlement, it’s designed to help you for the duration of the structured settlement’s payments. But the reality is that sometimes you need more money during certain times in your life, and the original settlement can’t possibly predict when these times will occur. By demonstrating how that money can help you now, all parties involved can agree that the sale of your structured settlement payments would be in your best interest.
Why should I choose Peachtree?
Our experienced, dedicated representatives listen to your goals and then clearly explain all of the options available to help make those goals a reality. It’s all part of something we call the Peachtree Promise. Learn more about it now.