JG Wentworth and its Growth in the US Structured Settlement Industry

JG Wentworth?is a structured settlement company that has been in the business of purchasing annuities and structured settlements for fifteen years. It has always been committed to provide its clients the best experience as they sell their annuities and structured settlements to them. The strength of this company lies on the expertise of its financial professionals in handling deferred payment streams and in dealing with their clients, who mostly come from the real estate industry. This structured settlement company has been serving professionals from a wide range of industries in the United States, including finance, real estate, education, healthcare and telecommunications. Despite its being old in the structured settlement industry, only a few individuals are aware of how this company started.

The company was established in 1991 as a merchant bank whose main market is the healthcare industry. A year after its establishment, the company started to help in the purchase of deferrals and provide cash to its clients while collecting the earned interests from claimants who could not wait any further for their settlements. Young as it was in the business back then, the company was able to help more than 14,000 individuals receive instant cash in exchange of their annuity payments. The first ever structured settlement service that the company performed was in 1994, when structured settlement owner approached the company to know how it could help him sell his structured settlement for a lump sum of cash.

In 1995, the company radically transformed from a once merchant bank to a bona fide structured settlement company, purchasing lottery payments for a lump sum of cash. As one of the pioneers in the structured settlement industry of the United States,?JG Wentworth?founded the National Association of Settlement Purchasers (NASP), an organization that seeks to establish the ethical and professional standards of conduct of the structured settlement industry of the country. From purchasing lottery winnings, the company expanded to purchasing inheritances in 1998, where individuals who seek to get their inheritances in full could get their money from JG Wentworth in exchange of their structured settlements.

Since it became a structured settlement company, it has expanded into becoming one of the largest purchasers of deferred payments in the United States. A decade ago, the funds of the company hit $1 billion and its headquarters began to expand in several regions, uplifting the lives of many individuals and families in the United States.

Source: http://keirceforsupervisor.com/jg-wentworth-and-its-growth-in-the-us-structured-settlement-industry.htm

beverly hilton roland martin whitney houston dead at 48 whitney houston dead 2012 whitney houston passed away heartbreak hotel don cornelius