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What is JG
Wentworth’s Debt
Relief Program?


One Monthly Payment


Personalized Debt Plans


43% Savings on Average

Partner with a company people trust

Because of our famous 877-CASH-NOW commercials, we’re one of the most well-known names in financial services. People trust us because they know us—and when you work with us, you’re also letting our five-star reputation work for you.

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Debt Relief Program Highlights


Monthly Payment


Month Program


Debts Settled on Average


Average Savings

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Is Debt Relief Right for You?

Debt Resolution FAQs

What’s the difference between debt settlement, debt relief, and debt resolution?

“Debt settlement,” “debt relief,” and “debt resolution” are terms frequently used interchangeably to describe the process where you or a company acting on your behalf will negotiate with your creditors to reduce the amount of debt that you owe, with the goal of paying off your enrolled debt entirely.

How long will it take to become debt-free?

Many customers who complete our program pay off their enrolled debts in as little as just 24-48 months. Compared to spending years and years making the minimum monthly payments and accumulating interest at a high rate, debt relief can be a quicker, cheaper, and easier way to reach your goal of becoming debt free.

Want to see how much time and money you could save by enrolling in our Debt Relief Program? Check out our Debt Repayment Calculator.

Are there any hidden fees?

The fee we take for settling your debt is calculated into your quoted monthly payment that we work out from the get-go. If you complete the program faster or slower, our fee remains the same; JG Wentworth will never charge you hidden fees.

This fee is a percentage of each debt that you enroll in the program and settle, and that percentage varies from client to client based on their individual situation. If we can’t settle a specific debt for you, we won’t take a fee on that debt.

The dedicated program account provider will take a fee; you can review the specifics of potential provider fees in your enrollment contract with us or in a separate agreement with an outside account provider of your choosing.

We also offer optional “legal insurance” to our clients through an outside law firm for a small monthly fee. That is, if one of your accounts goes delinquent and your creditor takes legal action, a law firm whose plan we offer will represent you. This helpful service is optional; whether or not you choose to sign up for this service is your decision.

Should I keep paying my credit card bills?

Clients enter our Debt Resolution Program because they are struggling to make ends meet. While we don’t advise anyone to stop paying their credit card bills, it’s important to note that continuing to make payments could impact our leverage when negotiating with creditors. The decision to stop paying your creditors is yours.

How will debt relief affect my taxes?

JG Wentworth cannot and does not offer tax advice, but in general, if your debt is canceled, forgiven, or discharged for less than the amount owed, the amount of the canceled debt is taxable. If taxable – usually if the debt exceeds $600.00 – you must report the resolved debt on your tax return for the year in which the cancellation occurred. That said, this does not necessarily mean you owe taxes on the forgiven portion. In many cases, clients can legally exclude resolved debt from their income through the “insolvency exclusion” provided by the IRS code. This exclusion means that your liabilities exceed the fair market value of your assets, or that you “owe” more than you “own.” To learn more, please consult the IRS or a tax professional directly. 

Is debt relief the same as a debt consolidation loan?

Despite having similar names, debt relief and debt consolidation are not the same thing. Debt consolidation is the process wherein you pay off all your monthly debts with a single loan, resulting in just one monthly payment. Both debt consolidation and debt relief share the ultimate goal of getting you out of debt, but debt consolidation loan options will typically require you to have good credit to qualify or may have interest rates that are not much better than your current rates. They do make it easier to remember to pay one bill each month instead of juggling many pre-consolidation debts.

Will I have to file for bankruptcy?

Debt relief is often seen as a less drastic alternative to bankruptcy. While both bankruptcy and debt relief can get rid of your debt, they use very different methods to achieve that goal.

For one, debt relief programs typically operate on a shorter timeline than bankruptcy would. Additionally, while both negatively impact your credit score, bankruptcy can stay on a credit report for up to 10 years, which is longer than for debt settlement.

Is debt relief right for me?

Like any solution to overwhelming debt, the debt relief process has its pros and cons—but you’re the only person who can decide if it’s worth it.

Because debt relief is a major commitment, you’ll want to do some digging about what your financial goals are by asking yourself a few key questions.

What am I using my credit for? Do my goals require me to have a decent credit score in the short term, or do I want to have an excellent score in the long term? Can I afford to make a monthly payment toward my debts?

Again, you’re the one who knows your situation and your money goals best. You might conclude that debt resolution isn’t right for you—or you might realize that it’s the best thing to happen to your finances! If you’re unsure, our team of certified debt specialists is available to help you make an informed decision.

Should I include all of my debts into the debt resolution program?

In order to optimize the success of our Debt Resolution Program, we strongly recommend that all of your qualified debts be enrolled. Your debt consultant will explain the enrollment process and point out the potential pros and cons to excluding any qualified debts. 

Will I continue to accrue interest and late fees?

Yes, interest and late fees will typically continue to accumulate, however our experienced negotiating team will always attempt to settle your debt with your original balance in mind. 

Again, you’re the one who knows your situation and your financial goals best. You might conclude that debt resolution isn’t right for you—or you might realize that it’s the best thing to happen to your finances! If you’re unsure, our team of certified debt specialists is available to help you make an informed decision.

Start Your Free Debt Relief Consultation

Monthly payment and total savings are dependent on many factors, including, but not limited to, program fee, enrolled debt amount, monthly program payment and willingness of creditors to negotiate. The JG Wentworth Debt Relief Program fee is a percentage of each enrolled debt amount and may vary by state or debt load. The debt savings goal does not take into account the 18-25% program fee. The average amount saved on the debt balance does not take into account the program fee. Any decision to cease making payments to your creditors is yours. JG Wentworth does not provide direction on this matter.

Debt resolution program provided by JGW Debt Settlement, LLC (“JGW” of “Us”)). JGW offers this program in the following states: AL, AK, AZ, AR, CA, CO, FL, ID, IN, IA, KY, LA, MD, MA, MI, MS, MO, MT, NE, NM, NY, NC, OK, PA, SD, TN, TX, UT, VA, DC, and WI. If a consumer residing in any other state contacts Us we may connect them with a law firm that provides debt resolution services in their state. JGW is licensed/registered to provide debt resolution services in states where licensing/registration is required.

Debt resolution program results will vary by individual situation. As such, debt resolution services are not appropriate for everyone. Not all debts are eligible for enrollment. Not all individuals who enroll complete our program for various reasons, including their ability to save sufficient funds. Savings resulting from successful negotiations may result in tax consequences, please consult with a tax professional regarding these consequences. The use of the debt settlement services and the failure to make payments to creditors: (1) Will likely adversely affect your creditworthiness (credit rating/credit score) and make it harder to obtain credit; (2) May result in your being subject to collections or being sued by creditors or debt collectors; and (3) May increase the amount of money you owe due to the accrual of fees and interest by creditors or debt collectors. Failure to pay your monthly bills in a timely manner will result in increased balances and will harm your credit rating. Not all creditors will agree to reduce principal balance, and they may pursue collection, including lawsuits. JGW’s fees are calculated based on a percentage of the debt enrolled in the program. Read and understand the program agreement prior to enrollment.

JG Wentworth does not pay or assume any debts or provide legal, financial, tax advice, or credit repair services. You should consult with independent professionals for such advice or services. Please consult with a bankruptcy attorney for information on bankruptcy.

Client Grievance Procedure: If you are unable to resolve an issue with your Debt Specialist or Client Services Representative, please request to speak with a manager. If you cannot reach a resolution with a manager, please escalate communication via email at [email protected] or direct mail to the business address listed on our contact page.