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.
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