Broker vs Direct Funder- Structured Settlement Factoring

In a recent article published by a representative of Stone Street Capital, a list of characteristics were provided to look for in a structured settlement factoring company that you may want to do business with.

Here is a summarized list:

1. Is the company you are working with a broker or direct funder?
2. How long has the company been in business?
3. Is the company you are working with a member of the Better Business Bureau? If so, what is their rating?

The Facts About JG Wentworth's Chapter 11 Bankruptcy

After receiving approval by a Delaware judge, JG Wentworth received $100 million from their parent, private equity firm JLL Partners of New York. This boost significantly helps JG Wentworth continue to operate their ongoing business.

Now that JG Wentworth's bankruptcy plan was accepted, they have zero debt and enough cash to operate for the foreseeable future.

JG Wentworth Files For Chapter 11 Bankrupcy

Today, JG Wentworth announced that three of its non-operating parent holding company level affiliates – JGW Holdco, LLC, J.G. Wentworth LLC, and J.G. Wentworth, Inc., -- have filed a voluntary reorganization plan under Chapter 11 of the U. S. Bankruptcy Code in the U. S. Bankruptcy Court for the District of Delaware.