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my settlement was stolen how can it be traced

Asked Aug 6, 2012, 01:37 PM — 5 Answers
can my money be released by the court? without my insurance/ annuity owner knowing? I have had a friend help me with getting my money from JGW and it turns out i didnt want to go threw with it. So i'm scared since he knows all my information that he can recieve the money with out me knowing. I want i'm asking is.. there any possible way he can get the money without the court system knowing, and my insurance/ annuity owner knowing. I need help.. who do i talk to? who do i ask? how can i make sure my money is safe, and hasn't been processed?

I'am really scared because he recently showed up with 45,000 dollars.. he doesnt have a job. Someone please please please point me in the right direction I live in Nebraska i'm 20 years old.. and no one will help me.

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5 Answers
ScottGem's Avatar
ScottGem Posts: 58,583, Reputation: 28375
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#2

Aug 6, 2012, 01:40 PM


What is JGW, is it a company that pays up front cash for a structured settlement?

Was this friend helping you get the settlement?

If you decided not to go through with it, just check with the company that owes you the settlement to make sure it hasn't been paid out.
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Moviestar518's Avatar
Moviestar518 Posts: 3, Reputation: 1
New Member
  
#3

Aug 6, 2012, 01:55 PM
i have talked with insurance company, & the money is still there, but yes JGW pays out cash and waits til the maturity date to recieve there money.
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Fr_Chuck's Avatar
Fr_Chuck Posts: 72,965, Reputation: 37216
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#4

Aug 6, 2012, 02:04 PM


Yes, insurance company, court someone has to know if it was paid out. And yes if you gave them all the info they needed.
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Moviestar518's Avatar
Moviestar518 Posts: 3, Reputation: 1
New Member
  
#5

Aug 6, 2012, 02:07 PM
So no matter what my insurance company is notified before any money is given out?
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ScottGem's Avatar
ScottGem Posts: 58,583, Reputation: 28375
Computer Expert and Renaissance Man
  
#6

Aug 6, 2012, 02:54 PM


JGW is not going to issue you a check until they have confirmed with the insurer that the settlement will be paid to them. The insurer won't issue a check until the settlement is due.
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