Category Archives: Structured Settlement Funding

Who is JG Wentworth?

Posted in Structured Settlement Funding | |

Have you ever heard of J.G. Wentworth? Have you ever wondered about J.G. Wentworth, such as its purpose and how it works? Do you recall the television advertisements with one of the catch phrases It’s my money and I need it now!? J.G. Wentworth is a Finance Company that was founded in 1991. The purpose of this company is to handle annuities, structured settlements, and other financial services. Structured settlements is money paid as a result of an accident or injury that can place on the job or any other location. The payments are given in an lump sum. Annuity is the process when money is paid in a lump sum or in equal payments. J.G. Wentworth is also know as JD Wentworth.

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Sell Settlements for Cash Now

Posted in Structured Settlement, Structured Settlement Funding | |

After being hurt or contracting an illness for which people receive an insurance structured settlement, they may begin to become frustrated with the payments they are receiving. They may desire to receive the lump sum they were awarded in court rather than to have their money paid to them in small increments over several years. They can now sell settlements for one large cash payment.

Who Would Benefit from Selling Structured Settlements

If the payments are not high enough for people to pay all of their bills for the month, they may be able to present a case to the court that they are in financial need and it would benefit them to sell their structured settlements. In the case when their present bills are causing them to go into debt, people with structured settlements cannot help themselves. They cannot increase the payments they are receiving, so these people would be excellent candidates for a structured settlement that would make it possible for them to pay their debts.

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What Do Structured Settlement Funding Companies Do?

Posted in Structured Settlement, Structured Settlement Funding | |

At some point during their lives, structured settlement holders may consider cashing out a portion of their structured settlement. This is usually the case if you need a bigger lump sum of money for an urgent financial issue. It is sometimes a better option than having to wait for installment payments every month.

The most important thing to realize is that if you sell your structured settlement payment you will not receive an amount for the full value of the settlement. You will have to take a cut in the total package amount of the settlement. When you consider selling your structured settlement you have to think about how much you will need to live on. You can approach structured settlement funding companies to have them provide you with quotes for your entire settlement, or just a portion of it. This is not a very difficult process.

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