Whois & Analysis for jgwentworth.com

The J.G.

Wentworth Company is a diversified financial services company, focused on providing direct-to-consumer access to financing solutions through a variety of avenues, including: mortgage lending and refinancing, structured settlement, annuities, and lottery payment purchasing, prepaid cards, and access to providers of personal loans.

The firm is currently traded publicly on the OTCQX (Symbol: JGWE).

A structured settlement is a negotiated financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving some part of the settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum.

As part of the negotiations, a structured settlement can be offered by the defendant or demanded by the plaintiff.

Ultimately both parties must agree on the terms of settlement.

Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide.

Structured settlements are widely used in product liability or injury cases (such as the birth defects from Thalidomide).

A structured settlement can be implemented to reduce legal and other costs by avoiding trial.

Structured settlement cases became more popular in the United States during the 1970s as an alternative to lump sum settlements.

The increased popularity was due to several rulings by the U.S. Internal Revenue Service (IRS), an increase in personal injury awards, and higher interest rates.

The IRS rulings stated that if certain requirements were met, claimants would owe no Federal income tax on the amounts received.

In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specific strike price on a specified date, depending on the form of the option.

The strike price may be set by reference to the spot price (market price) of the underlying security or commodity on the day an option is taken out, or it may be fixed at a discount or at a premium.

The seller has the corresponding obligation to fulfill the transaction – to sell or buy – if the buyer (owner) "exercises" the option.

An option that conveys to the owner the right to buy at a specific price is referred to as a call; an option that conveys the right of the owner to sell at a specific price is referred to as a put.

Both are commonly used in and by the old traded, but the call option is more frequently discussed.

A mortgage loan, also referred to as a mortgage, is used either by purchasers of real property to raise funds to buy real estate; or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

The loan is "secured" on the borrower's property.

This means that a legal mechanism is put in place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event that the borrower defaults on the loan or otherwise fails to abide by its terms.

The word mortgage is derived from a "Law French" term used by English lawyers in the Middle Ages meaning "death pledge", and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure.

In the United States, an annuity is a contractually executed, relatively low-risk investment product, where the insured (usually, an individual) pays a life insurance company a lump-sum premium at the start of the contract.

That money is to be paid back to the insured in fixed, incremental amounts, over some future period (predetermined by the insured).

The insurer invests the premium; the resulting profit/return on investment funds the payments received by the insured and compensate the insurer.

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract, or, until a future termination date — whichever occurs first.