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Many individuals who have settled an insurance claim are receiving periodic payments in the form of a Structured Settlement. In many cases, Structured Settlement recipients or "Claimants" cannot afford to wait out the terms of their settlement and have a need for cash now. These needs may include:

 

  • Debt elimination
  • A down payment on a new house
  • A college education
  • A medical emergency
  • Starting a new business

J.G. Wentworth can help providing advanced funding through our Structured Settlement Program.

We purchase a claimant's next payment or payments. For that service we'll pay a percentage of the payment due. How big a percentage depends on how much time will elapse before we get the monies back. J.G. Wentworth provides the claimant with the agreed upon money in advance so they have their money when they need it and we wait to receive the payments according to the original schedule.

Depending upon the exact situation, the entire process from the time a claimant applies until the money is in their hand (their bank account actually), can take less than 21 days.

 

 

"I couldn't decide which ticket to buy, so I asked her to pick one out for me," he said. "She picked out a Jumbo Bucks, which I happily scratched there in the store. Then I saw the prize; I thought it was $25."