In the midst of financial instability, the JG Wentworth Bankruptcy is committed to continue its service to their customer. The court asked for documentation from the company to state their willingness to fulfill their obligations. It is unfortunate that the bankruptcy filed by the firm is not seen by people as they should be. The decision for this closure was a wise and timely decision, and they guaranteed that their assets will be properly used to pay all their concerned parties. JG Wentworth is a pioneer and a leader in the financial investment firms, so they served as an exemplar of competence in managing their finances. As a leader, they should provide quality service to their valuable customers amidst the problems that the company had encountered. The dark side of the scenario is that some people are shortsighted about their perceptions on the concept of bankruptcy. In fact, filing bankruptcy entails seeking for support from the government or institution with regards to finances.
In 2009, JG Wentworth Bankruptcy was filed but with great confidence that everything was under control. The Bankruptcy Abuse Prevention & Consumer Protection Act (BAPCPA) of 2005 was implemented to protect the rights of the clients to claim their services from the JG Wentworth. With their Chapter 11 bankruptcy application approved in a Delaware court, the company announced that they had a good intention to fulfill their duties and responsibilities throughout the end. They simply needed a little assistance, so they can continue with their services the best way possible.