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Tuesday, January 25th
Peachtree Financial has helped tens of thousands of people through buying structured settlements, annuities, lottery winnings and other payment streams since their start in 1996. Since our last review, this service has made considerable improvements and earned a much higher ranking among buyers of structured settlements.
Going the extra mile
The Peachtree website makes sure you understand everything there is to know about a structured settlement buyout, from all of the steps in the process to possible ways to use a lump sum payment. They even go so far as to give you advice if you're using it to pay for education, renovate your home, or invest in a business! Talk about going the extra mile.
Their process is very simple: give them a call and get a free quote, once they've reviewed your case and gotten the necessary details. If you accept their offer and sign the paperwork, they'll begin the process of filing a petition with the court (you may have to appear in person to explain why you need a lump sum or partial buyout). You'll have one representative throughout the entire process, and they'll be well-acquainted with the particulars of your case: no need to talk to multiple people across the company.
When the court approval comes in, you can either have the funds sent directly to your bank account or get a check in the mail. How long until you get your funds? Most Peachtree Financial transactions take 60 to 90 days to be completed. They also offer cash advances within 24-72 hours of receiving your documents, if you live in a state that allows it.
This service offers one of the most comprehensive websites to give you an understanding of the whole process. Are you wondering what specific questions might be asked? Which documents you'll need? What will be in the purchase contract? You'll find all of that and more explained in detail. The only piece we didn't find that would have been useful was an estimate of their fees and/or interest rates when buying a structured settlement.
Award winning efforts
Peachtree Financial Solutions earned several awards from 2010 to 2014 (and maybe after, though their Awards page on the website doesn't mention any). Unfortunately, none of them specifically referenced buying structured settlements - just litigation and law firm funding, primarily. That left us wondering if structured settlements aren't their primary area of expertise.
Positive customer feedback
Peachtree Financial has an "A+" rating at the BBB, along with accreditation. We found a handful of customer complaints, but the majority of them were regarding unsolicited mail and not the actual process of selling a structured settlement. And, when looking at customer reviews that have been independently-verified by a third-party service, this company fares well: averaging a 4.5 out of 5 stars, with customers saying good things about Peachtree representatives, especially their in-depth knowledge of the particulars of any given state in which their customers may reside.
One of our top choices
You have a lot of options for selling your structured settlement, and Peachtree Financial is worth considering. Start by reading through all of the information they offer on their website, and we're sure they'll wind up being one of your top choices for excellent customer service and solutions that match your needs.
If you've been awarded money as the result of litigation, an accident, or any other legal settlement, you likely receive monthly payments for a set number of years. However, that slow trickle of money doesn't do you much good if you need a larger amount of cash right away.
That's where structured settlement buyers come in. These services get approval to buy the rights to a certain amount of your monthly payments, in exchange for a lump sum payment now.
Of course, a court will have to approve the terms in order for your structured settlement to be purchased, and it's still critical that you understand all of the particulars before signing on the dotted line. Fortunately, the buyer of the settlement takes on most of the responsibility for doing the legwork: drafting the agreement, getting approval from the court, and setting up the relationship with the payer.
Not all structured settlement buyers are created equal. While there are some that have been in the industry for decades, other opportunistic services seem to pop up overnight, hoping to make an agreement that is more to their benefit than yours. How can you tell which service can be trusted to get you a payout that's fair?
Here are a few criteria you should consider when selecting a structured settlement buyer:
TopConsumerReviews.com has reviewed and ranked the best structured settlement buyers available today. We hope this information helps you choose the right service to get the funds you need quickly and fairly.
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