Fernald Business Association

JG Wentworth has already been on the long path to success as more and more people find its services the right choice for their immediate financial needs. It was in 1991 when it started as a merchant banking firm in Bryn Mawr, Pennsylvania. In the early stages of its operations, the company primarily focused on purchasing fixed annuities and structured payments. As the company expanded its services, it started to offer more financial assistance programs that accept other forms of long-term future payments such as lottery winnings and property lease advances. Furthermore, JG Wentworth has grown much in terms of employees and offices. This is to cater to more customers not only in Pennsylvania in other parts of the country as well.

JLL Partners is a private-equity firm based in New York City that owns JG Wentworth. To date, the total assets of JG Wentworth have already amounted to $4 billion worth of future payment obligations from the clients. The company has also filed 22 securitization of annuity-backed notes and structured payments that are worth $2.3 billion. These are just some facts that support the claim of JG Wentworth to be the country?s largest provider of financial assistance services.

The company?s TV and Internet ads also gathered several recognitions. One of these ads is the humorous ?Opera? where a group of Vikings state their need for an instant lump sum of cash while singing to the tune of a Wagnerian composition.

On the other hand, being at the top is always followed by some risks. The tight competition in the business may tend some companies to resort to black propaganda to bring the other company down. It already happened to JG Wentworth when the falsely claimed JG Wentworth bankruptcy issue scattered over the media. It was either brought by the company?s competitors or by some people who have personal issues with the company. Anyway, the JG Wentworth Bankruptcy allegation was eventually flushed out of the scene because not any a single proof was presented to support it. Still, during that time, JG Wentworth representatives professionally faced the media and gave their most credible response to put an end to the JG Wentworth Bankruptcy issue.