Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: J.G. Wentworth Lay Offs
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How ironic that the doofy JG Wentworth commercials win an advertising award the same week that it goes bust. In court documents In re: JGW Holdco LLC, U.S. Bankruptcy Court, District of Delaware, No. 09-11731, J.G. Wentworth said that tightness in the credit markets altered its ability to purchase assets last year, and that it…
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J.G. Wentworth, the nation’s leading "cash now pusher" 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…
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J.G. Wentworth has laid off 120 employees according to a report in today's Philadelphia Business Journal, citing a required filing with the Pennsylvania Department of Labor and Industry. According to the J.G. Wentworth website the "cash now pusher" went from 100 employees in 2005 to 200 employees in 2006. Now in 2008 there appears to…
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Today's Philadelphia Inquirer suggests that that J.G. Wentworth's grim reaper may be nigh on Christmas Eve. Joseph N. DiStefano reports:"J.G. Wentworth Inc., Bryn Mawr, has cut its payroll two-thirds as it fights to stay in business. Most of the cuts followed last month's downgrading of Wentworth's "corporate family" credit rating to "Caa1." The cuts reduced…