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.
JG Wentworth, in a press release today claimed that this filing would not impact customers completing a transaction with the company.
Yes, JG Wentworth is still airing their “cash now” commercials and will continue airing them due to the financial relief this filing has provided the company.
Please feel free to comment below if you have any questions on this matter.
Related posts:
- JG Wentworth Gains Satisfactory Rating Back Overnight
- DealFlow Media Inaccurately Reporting JG Wentworth Case
- JG Wentworth Loses Satisfactory Rating From the BBB
- Kudos to JG Wentworth in their Recent Press Release
- Comments by Ron Walters Against the Structured Settlement Factoring Industry