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The J.G. Wentworth Company is an American financial services company that purchases structured settlements, annuities, and lottery payments in exchange for a lump-sum cash settlement. They also offer debt counseling and negotiation services.
JG Wentworth currently holds an A+ rating from the Better Business Bureau. National Debt Relief : Since 2009, National Debt Relief has helped over 550,000 customers resolve their debt.
Initially structured settlement payments rights were primarily packaged up by large buyers such as JG Wentworth, securitized and sold to institutional investors.During a period where institutional capital became less available in the immediate aftermath of the 2008-2009 financial crisis, a number of intermediaries began marketing structured settlement payment rights to investors.
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Peachtree Financial specializes in purchasing liquid assets such as lottery winnings, structured settlements, and life insurance policies. [4] The company provides specialty asset portfolio servicing to third party investors, which can include pre-settlement funding and attorney cost financing.
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On September 14, 2017 a class action lawsuit filed in the Eastern District of Pennsylvania, [23] alleging Portsmouth Virginia Circuit Court judges were complicit in an "Annuity Fraud Enterprise" scheme, in which a Virginia lawyer and 79th District delegate Steve Heretick was the central figure, representing JG Wentworth, Seneca One, 321 ...
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