JGW is on the verge of extinction. It can't compete on a level playing field with other buyers of structured settlements who have more competitive cost structures. JGW had multiple courts strike down its ability to "own customers." For years, JGW tried to prevent competitors from doing business with JGW customers, which every court examining the issue has struck down. JGW's vaulted "customer list" is no longer sacrosanct. Who remembers JGW's 2008/2009 bankruptcy when it defaulted on hundreds of customer transactions in process.
JGW has among the highest cost of capital, not the lowest. It has hundreds of employees and reportedly spends $50 m a year in advertising. There are much more nimble operators in the market place. That's why lot's of others are able to make money in the competitive market place.
the market for structured settlements has changed. margins are lower. wentworth used to spend $4 million a month on advertising to get transactions at very high margins. now the whole company is worth $50 million. and then courts throughout the u.s. have ruled that wentworth's marketing practices of trying to force customers to deal with them on account of wentworth's tying up customers in servicing agreements, is improper. remember wentworth filed for bankruptcy in 2008. is it far fetched to happen again? i'm not sure.