Hi everyone. J.G. Wentworth here.
Listen, if you are considering selling some or all of your structured settlement payments, congratulations. I’m sure you’ve reviewed the alternatives, and are making the smartest choice available to you at this time.
Make another smart choice: Come to J.G. Wentworth. Now that you’ve made the decision to sell some or all of your payments, we’re here to help you choose the best alternative for you to get your money.
Below are some terms that might come up during your conversation with our representative, along with a little more information about them.
Annuitant
The individual on whose life the annuity is based and generally the person receiving or entitled to the structured settlement or annuity payments. In short that’s you. And we’ve worked with more than 50,000 people just like you to help them get cash.
Court Order
A legally binding ruling issued by a judge or properly empowered administrative officer. This is what happens at the end of the structured settlement sales process. J.G. Wentworth has helped more people get to this point than any other company.
Court Order Attorney
This attorney files a petition for court approval of an annuity or structured settlement payment transfer. In a structured settlement sale, the court order attorney works for J.G. Wentworth. Since we’ve done business in just about every county in the U.S., we’ve worked with lots of these attorneys to complete successful transactions.
Discount Rate
The interest rate used to compute the present value of future cash flows. Right now our rates couldn’t be better, which mean more cash for you when you sell your payments.
Liquidity
The ability to have ready access to money. At J.G. Wentworth, this is what we do by converting your illiquid future payments into cash you can use today!
Lump Sum
A sum of money paid in a single installment. Just kidding! I’m sure you know what a lump sum is. It’s why you called us in the first place!
So stayed tuned and we’ll go over some more terms that you may have questions about when you work with one of our representatives.
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