The receivers of insolvent Victorian regional lender, Banksia Group, say creditors will get some of their money back earlier than anticipated.
McGrath Nicol says there has been strong interest in the business and it hopes to sell the remaining assets by April.
The receivers anticipate they will be able to pay creditors between 20 and 35 cents for each dollar owed by June.
It is expected creditors will eventually get back at least half the money they are owed.
Banksia went into receivership late last year owing $650 million.
Shepparton woman Leanne lost $50,000 and she feels for retirees who lost everything.
"It wasn't something I was relying on.
It was an investment thing to save for my retirement," she said.
"The number of people who have done the right thing and funded their own retirement and saved and just to see them all sitting there.
It was just phenomenal."