A Summary of Major Milestones Achieved by JG Wentworth | Makal ...

Few companies enjoy more credibility in the financial market than JG Wentworth. JGW was established in the early half of the decade of 1990s and since then the company has become the biggest provider of lump sum of cash to Americans who wish to sell their annuity plans and structured settlements. The first major milestone was reached by the company in 1992 when the financial future of more than 14,000 New Jersey Insurance Fund holders was secured. In subsequent years the company also started exploring new opportunities in buying structured settlements and monetary rewards on lottery wins.

JGW has continued to show its resolve and commitment to help Americans regain financial freedom consistently. In 1997, the company issued first securitization worth more than $70.8 million in exchange of future payments receivable under a structured settlement. By 1998, the company began treading new waters by inviting inheritance holders to get lump sum of cash by selling the amount of money payable to them in future under a will or inheritance deed.

JGW has played a central role in creation of National Association of Settlement Purchasers which also indirectly helped the company garner enough support for passing of Internal Revenue Code section 5891 subsequently in 2001. This particular law is believed to have paved way for the creation and nourishment of a secondary market for settling of future payments by ordinary citizens. Later on, JGW has surpassed one milestone after another and established itself as the foremost buyer of structured settlements in the country. During the course of its operations, the company has catered to the financial needs of thousands of clients and holds the distinction of paying off more than $4 billion to settle future payments such as structured settlements, annuities and insurance programs.

New clients who wish to sell their annuity plans, structured settlements and other types of deferred payments to extinguish their need for lump sum of cash often use JG Wentworth reviews available on the internet. Customer testimonials not only discuss how JGW financial services help thousands of families recover after natural and manmade disasters but also prove the company?s claim of delivering the best customer service. The company also credits its success to highly experienced team of financial experts and support staff who have been associated with JGW for more than a decade and continue to pursue the company?s mission of giving more financial freedom to their clients.

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Source: http://www.makalvoice.com/business-news/a-summary-of-major-milestones-achieved-by-jg-wentworth.html

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