There are two options a person may opt to prefer when it comes to receiving payments for tort claims or pensions. The first option is by receiving a lump sum where the payment is made once and in full. The second option is called a structured settlement where the payment is made periodically and in installment. There are cases a person may want to receive a lump sum payment immediately to settle other concerns or financial problems thus may want to sell their structured settlement arrangements. Before, one of the most popular companies known for this financial solution is J.G Wentworth, until it had its unfortunate end.

J.G Wentworth was first established as a merchant bank in 1991 yet it became popular through the years as a firm of financial services. The specialization of this company was purchasing of structured settlements. In this transaction, the company buys or purchases the structured settlement arrangement of a person in exchange for a lump sum. The company earns on the future earnings of the settlements they buy.

The company became more famous with its launch of series of commercials. One of these commercials was entitled “It’s Your Money!” which is based on the themes “It’s my money, and I need it now!” and Cash Now.