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HomeMy WebLinkAbout12-4980.$ 4 MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 West Main Street Norristown, PA 19401 (610) 275-9600 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: /2 - IJQf 0 71 Originations, LLC and William Porter-Lovett NOTICE OF HEARING ON PETITION TO TRANSFER STRUCTURED SETTLEMENT PAYMENT RIGHTS To: Hartford Life Insurance Company Attn. Legal Dept/structured Settlements 200 Hopmeadow Street Simsbury, CT 06089 Twin City Fire Insurance Company Attn. Legal Dept/structured Settlements Hartford Plaza Hartford, CT 06115 BY: You are hereby given notice that J.G. Wentworth Originations, LLC has filed a petition to transfer structured settlement payment rights. A hearing in this matter has been scheduled on , 2012 at o'clock in courtroom no. courthouse, Cumberland County Court of Common Pleas, Pennsylvania. You are entitled to support, oppose or otherwise respond to the payee's petition, either in person or by counsel, by filing written comments with the court prior to the hearing or by attending the hearing. The Name, Address and Tax Identification number of the tr Originations, LLC. 201 King of Prussia Road, Radnor, PA 19089, ? -q-I2- Date J.G. Wentworth Originations, LLC 201 King of Prussia Road Radnor, PA 19087 William Porter-Lovett 7 is J.G. Wentworth .No. 20- 728885. .Mayo, Esquire for J.G. Wentworth ins. LLC. 1115 W. Main Street Norristown, PA 19401 (610) 275-9600 (610) 275-9666(facsimile) 4 14 , Reserved for Court use. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: 12 Originations, LLC and William Porter-Lovett INITIAL ORDER OF COURT On this day of 2012, it is ordered that a hearing on this Petition to Transfer Structured Settlement Payment Rights will be held on 2012, in Courtroom at o'clock. The payee shall bring income tax returns for the prior two (2) years to the hearing. Within seven (7) days, the transferee shall give notice of the hearing date to the payee, the structured settlement obligor, the annuity issuer, the payee's spouse and any person receiving child support, alimony, or alimony pendente lite. The transferee shall attach a certificate of service to the notice of hearing date. A copy of the notice with the certificate of service shall be filed with the court prior to the hearing. BY THE COURT: J. IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ??UtL In Re: Petition of William Porter-Lovett to Docket No. ?2 ' ???0 rn Transfer Structured Settlement Payment Rights ORDER Petitioner, J.G. Wentworth Originations, LLC, having petitioned this Court for an Order pursuant to the Pennsylvania. Structured Settlement Protection Act 40 P.S. § 4001 et seq., (the "Pennsylvania Act"), approving the transfer of structured settlement payment rights pursuant to a transfer agreement ("Transfer Agreement") between J.G. Wentworth Originations, LLC ("Transferee") and William Porter-Lovett ("Payee"), and upon all papers and pleadings in this matter, including the Transfer Agreement, the disclosure statement, the testimony of the Payee and all other papers submitted in support of the transfer, and Hartford Life Insurance Company and Twin City Fire Insurance Company, having expressed no objection to the terms of this transfer, and the Court having heard Transferee's Counsel at the hearing on this matter on this day of , 20_, and due deliberation being had thereon, the Court hereby makes the following express findings: 1. This Court has jurisdiction over this matter pursuant to the Pennsylvania Act; 2. The transfer of the structured settlement payments complies with the requirements of the Pennsylvania Act, and Connecticut General Statutes § 52-225-g-1 (collectively, "Applicable Acts"); 3. The only interested parties or potential interested parties to this action as defined by the Applicable Acts are as follows: Payee: William Porter-Lovett 600 E Keller St s Mechanicsburg, PA 17055-3425 Structured Settlement Obligor: Twin City Fire Insurance Company Hartford Plaza Hartford, CT 06115 Attn. Legal Dept/structured Settlements Annuity Issuer: Hartford Life Insurance Company 200 Hopmeadow Street Simsbury, CT 06089 Attn. Legal Dept/structured Settlements 4. The Court has determined that the transfer is in the best interest of the Payee, taking into account the welfare and support of Payee's dependents, if any. The transaction, including the discount rate used to determine the gross advance amount and the fees and expenses used to determine the net advance amount are fair and reasonable to all interested parties. 5. The Payee has received, or expressly waived, in a separate written acknowledgement signed by the payee, independent legal advice regarding the implications of the transfer, including consideration of tax ramification of the transfer; 6. The transfer does not contravene any applicable federal or state statute or regulation, or any applicable law limiting the transfer of workers' compensation plans, or order of any court or other governmental authority; 7. The Payee has consented to the transfer in writing; 8. Transferee has satisfied the notice provisions of the Applicable Acts by serving a copy of the notice of proposed transfer, the application for its approval and all other required documents on all interested parties at least 20 days prior to the time at which the Petition was noticed to be heard; 9. In connection with the transfer, at least 10 days before the date on which Payee first incurred an obligation with respect to the transfer, Transferee provided to the Payee the disclosure statements as required by the Applicable Acts; 10. The Transfer Agreement provides that if the Payee is domiciled in this state, any disputes between the parties will be governed in accordance with the laws of this state, and that this state is the proper venue to bring any cause of action arising out of a breach of the Transfer Agreement; 11. The Transferee has given written notice of the transferee's name, address, and taxpayer identification number to the annuity issuer and the structured settlement obligor, and has filed a copy of that notice with the Court; It, 12. The Transfer Agreement does not authorize Transferee or any other party to confess judgment or consent to entry of judgment against the Payee; and 13. The Agreement does not involve the transfer of life contingent payments. 14. The aggregate amount of the payments being transferred is $37,000.00. 15. Net amount payable to Payee in exchange for such payments is $19,000.00. ORDERED that the petition of Transferee is granted; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall recognize and honor the terms of the Transfer Agreement and the assignment to Transferee, and/or its successors or its assigns; and it is further ORDERED that Hartford shall make payments of: A) 1 payment of $7,000.00 on December 23, 2014 B) I payment of $30,000.00 on December 23, 2019 (the "Assigned Payment") to Transferee; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall remit the Assigned Payment to Transferee at the following address, or such other address as Transferee shall designate in writing: J.G. Wentworth Originations, LLC. P.O. Box 83364 Woburn, MA 01813-3364 and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall, as to all parties except Transferee, be discharged from any and all liability for the Assigned payment; and it is further ORDERED that the Transferee shall be liable to Twin City Fire Insurance Company and Hartford Life Insurance Company for any liabilities, taxes or costs of any kind, including reasonable costs and attorneys' fees arising from compliance by Twin City Fire Insurance Company and Hartford Life Insurance Company with this order and/or arising as a consequence of the Transferee's failure to comply with applicable law; and that, if, as a consequence of the Transferee's failure to comply with applicable law, the Transferee owes any amount to Twin City Fire Insurance Company and Hartford Life Insurance Company, then the Transferee expressly grants to Twin City Fire Insurance Company and Hartford Life Insurance Company the right to recover any liabilities, taxes, costs of any kind, and attorneys' fees, as well as their attorneys' fees relating to the above-captioned action; and it is further ORDERED that this Order in no way modifies or negates the ownership or control of the underlying contract by Twin City Fire Insurance Company and is entered without prejudice to the rights of Twin City Fire Insurance Company and Hartford Life Insurance Company and the lack of opposition by Twin City Fire Insurance Company and Hartford Life Insurance Company to this transfer, and their compliance with this Order, shall not constitute evidence in this or any other matter regarding: (i) the assignability of payments under a structured settlement agreement or annuity contract or related contracts or whether such payments can be assigned; (ii) the enforceability of provisions that restrict and/or preclude assignment of payments under a structured settlement agreement or annuity contract or related contracts or orders; (iii) the validity of other transactions entered into by Transferee; or (iv) whether Twin City Fire Insurance Company and Hartford Life Insurance Company has waived any right in connection with any other litigation or claims or rights other than the rights to the Assigned payment as described above; and it is further ORDERED that after Twin City Fire Insurance Company and Hartford Life Insurance Company changes the address for the Assigned payment to the above designated address ("Designated Address"), then Twin City Fire Insurance Company and Hartford Life Insurance Company shall not again be required to change the address for the Assigned payment; however, the Transferee may request and Twin City Fire Insurance Company and Hartford Life Insurance Company will reasonably grant up to one address change per calendar year; and it is further ORDERED that in the event that Transferee further assigns rights to the Assigned payment (or any portion thereof) to any other person or entity, then Twin City Fire Insurance Company and Hartford Life Insurance Company will not themselves be obligated to redirect the Assigned payment (or any portion thereof) to any person or entity other than Transferee, and Twin City Fire Insurance Company and Hartford Life Insurance Company shall have no duty or obligation to any person other than Transferee; and it is further ORDERED that if, within thirty (30) days before or after the entry of this Order, Twin City Fire Insurance Company and Hartford Life Insurance Company sends any of the scheduled Assigned payment to the Payee that came due and owing under the settlement and annuity in that time period, it is adjudged that Twin City Fire Insurance Company and Hartford Life Insurance Company has fulfilled their obligations to the Payee and to the Transferee with respect to any such payment(s); and it is further ORDERED that the death of Payee prior to the due date of the last of the Assigned payment shall not affect the transfer of the Assigned payment from Payee to J.G. Wentworth Originations, LLC., and Payee understands he is giving up his rights, and the rights of his heirs, successors and/or beneficiaries, to the Assigned payment; and it is further I ORDERED that any further transfer of structured settlement payments rights by the Payee shall be made in compliance with all of the requirements of Applicable Acts; and it is further ORDERED that this order is binding on any and all successors of the Payee, of other interested parties, and of the Transferee; and it is further ORDERED that the Payee shall not incur any penalty, forfeit any application fee or other payments, or otherwise incur any liability to Transferee or any other person based on any failure of the transfer to satisfy the Applicable Acts; and it is further ORDERED that this constitutes a Final Order of the Court. Dated: _520 ` Judge IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No Z RE: Joint Petition of J.G. Wentworth NO: Originations, LLC and William Porter-Lovett --6T/ m FINAL ORDER OF COURT On this Day of , 2012, it is ordered that the Petition to Transfer of Structured Settlement Payment Rights is granted. The court specifically finds that: (1) the payee has established that the transfer is in the best interests of the payee or the payee's dependents; (2) based on the certification by an attorney for the transferee, and the court having not been made aware of any statute, regulation or order that would be incompatible with the proposed transfer, the transfer will not contravene any applicable federal or state statue or regulation, or the order of any court or administrative authority; (3) the transfer complies with the remaining requirements of the Structured Settlement Protection Act, including Sections 3(a)(2), 3(a)(4), 3(a)(5) and 3(a)(6); (4) the payments that are to be transferred are designated as follows: A) 1 payment of $7,000.00 on December 23, 2014 B) payment of $30,000.00 on December 23, 2019. (5) the terms of this order shall survive the death of the payee and shall be binding on the payee's heirs, beneficiaries and assigns; (6) the payee shall receive from the transferee, within ten (10) days from the date of this Order, the amount of $19,000.00, from which no funds are owed for counsel fees, administrative fees, or other costs, fees or expenses. BY THE COURT: J. MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 West Main Street Norristown, PA 19401 (610) 275-9600 - L1 .. wf ' ?? n t! t, ' U ?i UtRIBB LA i`4 ?. tINSYLVANI IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: ?? - qqyo v' bl L Originations, LLC and William Porter-Lovett , ,; 7 JOINT PETITION FOR PARTIAL TRANSFER OF STRUCTURED SETTLEMENT PURSUANT TO STRUCTURED SETTLEMENT PROTECTION ACT, 40 P.S. 4000, ET SEQ. TO THE HONORABLE JUDGES OF SAID COURT: And now comes your petitioner, J.G. Wentworth Originations, LLC, by and through its attorneys, Maro & Maro, P.C., and joint petitioner, William Porter-Lovett, and in accordance with the applicable rules of Pennsylvania Civil Procedure, hereby represents as follows: 1. Petitioner is J.G. Wentworth Originations, LLC. ("Buyer" or Transferee"), with an office address located at 201 King of Prussia Road, Radnor, PA 19087. 2. Joint Petitioner is, William Porter-Lovett ("Payee"), an adult individual who resides in the County of Cumberland. 3. This Joint Petition has been verified by the Transferee, J.G. Wentworth Originations, LLC. and the Petition includes all necessary information as prescribed by PA R.C.P. 229.2(d) et al and Section 3 of the Act, 40 P.S. §4001 et seq. 4. Pursuant to PA. R.C.P. No. 229.2(d)(3) there are four (4) attachments incorporated herein as follows: * / 0 1 7 S ?-/ 19? C#5,; 7;, I? #2q g13o a. PA R.C.P. 229.2(d)(3)(i) Payee's Affidavit in Support of Petition. Please see Attachment/Exhibit "l"; and b. PA. R.C.P. 229.2(d)(3)(ii) An Initial Order of Court Scheduling Hearing; c. PA. R.C.P. 229.2(d)(3)(iii) A certification by Robert A. Maro, Esquire, attorney for transferee, J.G. Wentworth Originations, LLC.; and d. PA. R.C.P. 229.2(d)(3)(iv) A Final Order of Court Granting he Petition. 5. Joint Petitioner, William Porter-Lovett, is the beneficiary of an annuity owned by Twin City Fire Insurance Company and issued by Hartford Life Insurance Company. The structured settlement provides payment to the petitioner as described on Attachment/Exhibit "2". 6. Joint Petitioner, William Porter-Lovett, after having the opportunity to have independent counsel review the agreement; knowingly, intelligently and voluntarily waived his right to independent counsel. A copy of the waiver report is attached hereto, incorporated herein and marked Attachment/Exhibit "3". 7. Joint Petitioner, William Porter-Lovett, proposes to enter into a purchase agreement with J.G. Wentworth Originations, LLC., its nominees, successors, or assigns, whose address is 201 King of Prussia Road, Radnor, PA 19087, who will purchase the following from Petitioner's structured settlement as follows: A) I payment of $7,000.00 on December 23, 2014 B) 1 payment of $30,000.00 on December 23, 2019. 7. The structured settlement is currently owned by Twin City Fire Insurance Company and issued by Hartford Life Insurance Company, and the net amount in return payable to William Porter-Lovett is $19,000.00 from Buyer. A copy of the Purchase Agreement, Exhibit "A' to the Purchase Agreement and Disclosure Statement is attached hereto, made apart hereof, and designated Attachment/Exhibit "4". 9. The net amount payable to the payee after deduction of all commissions, fees, costs, expenses, and charges is $19,000.00. 10. Based on the net amount that the payee will receive from this transaction $19,000.00 and the amounts and timing of the structured settlement payments that would be assigned, the payee is, in effect, paying interest at a rate of 11.31% per year. 11. The Buyer furnished William Porter-Lovett with a Disclosure Statement pursuant to 40 P. S. 4003 (See Attachment/Exhibit "4") at least ten (10) days prior to the date on which William Porter-Lovett first incurred any obligation to the Buyer. 12. PA R.C.P. 229.2(b) requires the petition to be filed in the county in which the payee is domiciled (See also Section 4 of the Act 40 P.S. §4004). PA.R.C.P. 229.2(c) also requires both the Transferee and Payee to be parties to the Joint Petition. Both requirements have been fulfilled herein. 13. Written notice of the Transferee's Names, address and taxpayer identification number has been given to the Annuity Issuer and Structured Settlement Obligor. A copy of the Notice to the structured settlement obligor is attached hereto as Attachment/Exhibit "5". Joint Petitioners wills also serve written notice as required by 40 P.S. 4004 upon all interested parties. 14. The Joint Petitioner's best interest would be served by granting the relief requested herein for the following reasons. Joint Petitioner is currently married and has no minor children. Joint Petitioner is only transferring a portion of his structured settlement. Joint Petitioner was recently married and now has an opportunity to move to West Virginia to be closer with his wife's family. In West Virginia, they have more of an opportunity for work and may have already established work by the time of this hearing. Petitioner would like to use the money to relocate and purchase a property for his new family as they plan to expand with children. They would like to have a home established and big enough once they start this new chapter in their life in West Virginia. Petitioner and his wife have discussed this at length and believe that this is in their best interest. Based upon the foregoing which shall be expanded upon at the time of trial, the transfer is clearly within the best interest of Joint petitioner and spouse. 15. In accordance with Cumberland County Local Rule 208.3(a)(2), Two (2) other similar petitions have been filed and heard regarding this structured settlement. Under docket Number 2011-5069, Judge Wesley J. Oler, Jr. approved a similar petition and under Docket Number 2011-8755, Judge Christylee L. Peck approved a similar petition. 16. This is a Joint Petition and notice of the petition has been sent to all interested parties in accordance with the applicable rules of civil procedure. As of date, no objection has been filed or received by joint Petitioners. WHEREFORE, Joint Petitioner's respectfully requests this Honorable Court to enter the Initial Order attached to this petition which shall schedule a hearing so that Transferee and Payee shall have the opportunity to discuss the purpose and reasons for the transfer and after hearing thereon, respectfully request that this Honorable Court enter a Final Order approving the Transfer of Structured Settlement Payments Rights as is mentioned herein. Maro & Maro, P.C. Respectfull By: d ert A. ar , Esquire Attorney for Transferee VERIFICATION I, Lori Borowski, Vice President of J.G. Wentworth Originations, LLC, have read the foregoing Petition to Joint Petition to Transfer Structured Settlement Payment Rights and hereby aver that the statements contained therein are true and correct to the best of my knowledge, information and belief. This Verification is made subject to the penalties of 18 Pa.C.S.A. Section 4904 relating to the unworn falsification to authorities. '0000? or Borowski, Vice President Date CERTIFICATION OF ATTORNEY FOR TRANSFEREE I, Robert A. Maro, Esquire, attorney for Transferee, J.G. Wentworth Originations, LLC, hereby certify to the best of my knowledge, information and belief, formed after reasonable inquiry, that the Transfer will comply with the requirements of the Act (40 P.S. § 4000 et seq.) and will not contravene any other applicable federal or state statute or regulation or the order of any court or administrative authority. I, Robert A. Maro, Esquire, attorney for Transferee, J.G. Wentworth Originations, LLC, hereby verify that the facts and statements set forth herein are true and correct to the best of my knowledge, information and belief. I understand that false statements made herein are subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification of authorities. 9 q-(7- Date Attorney for 1 ransteree, J.u. Wentworth Originations, LLC MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 West Main Street Norristown, PA 19401 (610) 275-9600 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: Originations, LLC and William Porter-Lovett CERTIFICATE OF SERVICE I, Robert A. Maro, Esquire, hereby certify that a true and correct copy of the Petition for Transfer of Partial Structured Settlement has been served upon the following entities via first class mail and/or certified return receipt requested and/or email on : To: Hartford Life Insurance Company Attn. Legal Dept/structured Settlements 200 Hopmeadow Street Simsbury, CT 06089 J.G. Wentworth Originations, LLC 201 King of Prussia Road Radnor, PA 19087 Twin City Fire Insurance Company Attn. Legal Dept/structured Settlements Hartford Plaza Hartford, CT 06115 William Porter-Lovett Date: ?'- 9-/T By: A. Maro, Esquire y for J.G. Wentworth Originations, LLC MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 West Main Street Norristown, PA 19401 (610) 275-9600 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: Originations, LLC and William Porter-Lovett ENTRY OF APPEARANCE To The Prothonotary: Kindly enter my appearance on behalf of Joint petitioner, J.G. Wentworth Originations, LLC. Date: 9, ( I By: Olfert A. Marro, Esquire /Attorney for J.G. Wentworth Originations, LLC MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 West Main Street Norristown, PA 19401 (610) 275-9600 ATTACHMENT/EXHIBIT 6f1" Payee's Affidavit in Support of Petition to Transfer Structured Settlement Rights 1, William Porter-Lovett, the payee, verify that the statements below are true and correct: Payee's name, address and age: William Porter-Lovett, 600 E Keller St, Mechanicsburg, PA, 17055 1. Marital Status: Never Married; X Married; Separated; Divorced If married or separated, name of spouse: = 04b*tc f? 2 Minor Children and other dependents: Names, ages, and places of residence: NONE 3. Income: Payee's monthly income and sources: I am working as a bartender making approximately $1,200.00 monthly. 4. Child support, alimony or alimony pendente lite: Obligation to pay: _ Yes X No If yes, state the amount of the obligation, to whom payable, and whether there are arrearages: none 5. Previous transfers: Complete the below for competition deals only. If prior transfers were with JGW then just type See Exhibit "A". Have you previously filed a petition to transfer payment rights under the structured settlement that is the suhiect of this petition? _._X.._. Yes No If'yes, for each petition that you filed, See Exhibit "A" 6. Reasons for transfer. I recently became married and plan on moving closer to her family in West Virginia. We have opportunity for work there as well. The money will be used to cover all the moving expenses and to put a down payment on a home. 7. Payment of debts: If you seek the transfer in order to pay debts, list each debt, including the name of the creditor and the amount presently owed: Debt Creditor Amount Owed Verification ) verify that the statements made in this affidavit arc true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S. §4904, relating to unsworn falsification to authorities. DATED: ?% Z z William Porte-],overt PRIOR APPROVALS IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA In Re: Petition of William Porter-Lovett to Docket No. 11-5069-Civil Transfer Structured Settlement Payment Rights ORDER Petitioner, J.G. Wentworth Originations, LLC, having petitioned this Court for an Order pursuant to the Pennsylvania Structured Settlement Protection Act 40 P.S. § 4001 et seq., (the "Pennsylvania Act"), approving the transfer of structured settlement payment rights pursuant to a transfer agreement ("Transfer Agreement") between J.G. Wentworth Originations, L,LC ("Transferee") and William Porter-Lovett ("Payee"), and upon all papers and pleadings in this matter, including the Transfer Agreement, the disclosure statement, the testimony of the Payee and all other papers submitted in support of the transfer, and Hartford Life Insurance Company and Twin City Fire Insurance Company, having expressed no objection to the terms of this transfer, and the Court having heard Transferee's Counsel at the hearing on this matter on this Ly of 3- , 20_LL, and due deliberation being had thereon, the Court hereby makes the following express findings: 1. This Court has .jurisdiction over this matter pursuant to the Pennsylvania Act; 2. The transfer of the structured settlement payments complies with the requirements of the Pennsylvania Act, and Connecticut General Statutes § 52-225-g-I (collectively, "Applicable Acts"); 3. The only interested parties or potential interested parties to this action as defined by the Applicable Acts are as follows: Payee: William Porter-Lovett 600 F Keller St Mechanicsburg, PA 17055-3425 Structured Settlement.Uhlij?,or: Twin City Fire Insurance Company Hartford Plaza Hartford, CT 06115 Attn. I,egal Dept/structured Settlements Annuity Issuer: Hartford Life Insurance Company 200 Hopmeadow Street SirnsbUry. CT 06099 Attn. Legal Dept/structured Settlements 4. The Court has determined that the transfer is in the best interest of the Payee, taking into account the welfare and support of Payee's dependents, if any. The transaction, including the discount rate used to determine the gross advance amount and the fees and expenses used to determine the net advance amount are fair and reasonable to all interested -oarties. The Payee ;has received, oh expressly waived, iii a separate written acknowledgement signed by the payee, independent legal advice regarding the implications of the transfer, including consideration of tax ramification of the transfer; The transfer does not contravene any applicable federal or state statute or regulation, or any applicable law limiting the transfer of workers' compensation plans, or order of any court or other governmental authority; The Payee has consented to the transfer in writing; Transferee has satisfied the i:ot:ice provisions of the Applicable Acts by serving a copy of the notice of proposed transfer; the application for its approval and all other required documents on all interested parties at !.east 20 days prior to the time at which the Petition was noticed to be heard; In connection with the transfer, at least 10 days before the date on which Payee first incurred an obligation with respect to the transfer, Transferee provided to the Payee the disclosure: statements as required by the Applicable Acts; 10. The Transfer Agreement provides that if the Payee is domiciled in this state, any disputes between the 1N11-Tics will be governed in accordance with the laws of this state, and that this state is the proper venue to bring any cause of action arising out of a breach of the Transfer Agreement; 11. The Transferee has given written notice of the transferee's name, address, and taxpayer identification number to the annuity issuer and the structured settlement obligor, and has filed a copy of that notice with the Court; 12. The `t'ransfer Agreement does not authorize Transferee or any other party to confess judgMULu ur cvnser?t to entry of judgment against the Payee; and 13. The Agreement does not involve the transfer of life contingent payments. 14. The aggregate amount of the payments being transferred is $33,000.00. 15. Net amount payable to Payee in exchange for such payments is $15,765.00. ORnF.REn that the petition of "Transferee is granted; and it is further 0"FmED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall recognize and honor the terms of the Transfer Agreement and the assignment to Transferee, and/or its successors or its assigns; and it is further ORDEt2ED that Hartford shall make payments of: A) i payment of $23,000.00 on December 23, 2014 B) 1 payment of $10,000.00 on December 23, 2019 (the "Assigned Payment") to Transferee; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall remit. the Assigned Payment to Transferee at the following address, or such other address as "Cransferee shall designate in writing: J.G. Wentworth Originations, LLC. P.O. Box 83364 Woburn, MA 0181 3-3364; and it is further ORDERED that Twin City Fire Insurance Company and I lartford Life Insurance Company shall, as to all parties except Transferee, be discharged from any and all liability for the Assigned payment; and it is further ORDERED that the Transferee shall be liable to Twin City Fire Insurance Company and Hartford Life Insurance Company for any liabilities, taxes or costs of any kind, including reasonable costs and attorneys' fees arising from compliance by Twin City Fire Insurance Company and Hartford Life Insurance Company with this order and/or arising as a consequence of the Transferee's failure to comply with applicable law; and that, if, as a consequence of the Transferee's failure to comply with applicable law, the Transferee owes any amount to Twin City Dire Insurance Company and Hartford Life Insurance Company, then the Transferee expressly grants to Twin City Fire Insurance Company and Hartford Life Insurance Company the right to recover any liabilities, taxes, costs of any kind, and attorneys' fees, as well as their attorneys' fees relating to the above-captioned action; and it is further ORDF:R.F.D that this Order in no way modifies or negates the ownership or control of the underlying contract by Twin City Fire Insurance Company and is entered without prejudice to the rights of Twin City Fire Insurance Company and Hartford Life Insurance Company and the lack of opposition by Twin City Fire Insurance Company and Hartford Life Insurance Company to this transfer, and their compliance wit1: this Order, shall not constitute evidence in this or any other matter regarding: (i) the assignability of payments under a structured settlement agreement or arainity contract or relates] contracts or whether such payments can be assigned; (ii) the enforceability of provisions that restrict and/or preclude assignment of payments under a structured settlement agreement or annuity, contract or related contracts o` orders, (iii) the validity of other transactions entered into by Transferee; or (iv) whether Twin City Fire Insurance Company and Hartford Life Insurance Company has waived any right in connection with any other litigation or claims or rights other than the rights to the Assigned payment as described above; and it is further ORDERED that after Twin City Fire Insurance Company and Hartford Life Insurance Company changes the address for the Assigned payment to the above designated address ("Designated Address"), then Twin City Fire Insurance Company and Hartford Life Insurance Company shall not again be required to change the address for the Assigned payment; however, the Transferee may request and 'T'win City Fire Insurance Company and Hartford Life Insurance Company will reasonably grant up to one address change per calendar year; and it is further ORDERED that in the event that Transferee further assigns rights to the Assigned payment (or any portion thereon to any other person or entity, then Twin City Fire Insurance Company and Hartford Life insurance Company will not themselves be obligated to redirect the Assigned payment (or any portion thereof) to any person or entity other than Transferee, and Twin City Fire Insurance Company and Hartford Life Insurance Company shall have no duty or obligation to any person other than Transferee; and it is further ORnFRFD that if prior to the issuance of the order or within 30 days after the entry of the order, Twin City Fire Insurance Company and Hartford Life Insurance Company sends any of the scheduled Assigned Payments to the Payee that came due and owing under the settlement and annuity in that time period, it is adjudged that Twin City Fire Insurance Company and Hartford Life Insurance Company has fulfilled their obligations to the Payee and to the Transferee with respect to any such payment(s); and it is further ORDFRED that the death of Payee prior to the due date of the last of the Assigned payment shall not affect the transfer of the Assigned payment from Payee to J.G. Wentworth Originations, LLC., and Payee understands he is giving up his rights, and the rights of his heirs, successors and/or beneficiaries, to the Assigned payment; and it is further ORDERED that any further transfer of structUred settlement payments rights by the Payee shall be made in compliance with all of the requirements of Applicable Acts; and it is further ORDERED that this order is binding on any and all successors of the Payee, of other interested parties, and of the Transferee; and it is further ORDERED that the Payee shall not incur any penalty, forfeit any application fee or other payments, or otherwise incur any liability to Transferee or any other person based on any failure of the transfer to satisfy the Applicable Acts; and it is further ORDERED that this constitutes a Final Order of the Court. Dated:. 20, NYC 556756. e-G Z TRUE Ct}FYFRQM RMORD M teatlmarY wtwred l mere Unto so G ?? C4WA PS g l °f 20 -.LL- ThW ?p?r..ts:-?{ ??1 n IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA In Re. Petition of William Porter-Lovett to Docket No. 2011-8755-Civil Transfer Structured Settlement Payment Rights ORDER Petitioner, J.G. Wentworth Originations, LLC, having petitioned this Court for an Order pursuant to the Pennsylvania Structured Settlement Protection Act 40 P.S. § 4001 er seg., (the "Pennsylvania Act"), approving the transfer of structured settlement payment rights pursuant to a transfer agreement ("Transfer Agreement") between J.G. Wentworth Originations, LLC ("Transferee") and William Porter-Lovett ("Payee"), and upon all papers and pleadings in this matter, including the Transfer Agreement, the disclosure statement, the testimony of the Payee and all other papers submitted in support of the transfer, and Hartford Life Insurance Company and Twin City Fire Insurance Company, having expressed no objection to the terms of this transfer, and the Court having heard Transferee's Counsel at the hearing on this matter on this 1st stay of February, 2012, and due deliberation being had thereon, the Court hereby makes the following express findings: 1. This Court has jurisdiction over this matter pursuant to the Pennsylvania Act; 2. The transfer of the structured settlement payments complies with the requirements of the Pennsylvania Act, and Connecticut General Statutes § 52-225-g-I (collectively, "Applicable Acts"); 3. The only interested parties or potential interested parties to this action as defined by the Applicable Acts are as follows: Payee, William Porter-Lovett 600 E Keller St Mechanicsburg, PA 17055-3425 Structured_ Settlement Oblivor: Twin City Fire Insurance Company Hartford Plaza Hartford, CT 06115 Attn. Legal Dept/structured Settlements Annuity Issuer: Hartford Life Insurance Company 200 Hopmeadow Street Simsbury, CT 06089 Attn. Legal Dept/structured Settlements 4. The Court has determined that the transfer is in the best interest of the Payee, taking into account the welfare and support of Payee's dependents, if any. The transaction, including the discount rate used to determine the gross advance amount and the fees and expenses used to determine the net advance amount are fair and reasonable to all interested parties. 5. The Payee has received, or expressly waived, in a separate written acknowledgement signed by the payee, independent legal advice regarding the implications of the transfer, including consideration of tax ramification of the transfer; The transfer does not contravene any applicable federal or state statute or regulation, or any applicable law limiting the transfer of workers' compensation plans, or order of any court or other governmental authority; The Payee has consented to the transfer in writing; 8. Transferee has satisfied the notice provisions of the Applicable Acts by serving a copy of the notice of proposed transfer, the application for its approval and all other required documents on all interested parties at least 20 days prior to the time at which the Petition was noticed to be heard; In connection with the transfer, at least 10 days before the date on which Payee first incurred an obligation with respect to the transfer, "Transferee provided to the Payee the disclosure statements as required by the Applicable Acts; 10. The Transfer Agreement provides that if the Payee is domiciled in this state, any disputes between the parties will be governed in accordance with the laws of this state; and that this state is the proper venue to bring any cause of action arising out Of a breach of the Transfer Agreement; 11. The Transferee has given written notice of the transferee's name, address, and taxpayer identification number to the annuity issuer and the structured settlement obligor, and has filed a copy of that notice with the Court; 12. The Transfer Agreement does not authorize Transferee or any other party to confess judgment or consent to entry of judgment against the Payee; and 13. The Agreement does not involve the transfer of life contingent payments. 14. The aggregate amount of the payments being transferred is $40,000.00. 15. Net amount payable to Payee in exchange for such payments is X21,500.00. ORDERED that the petition of "Transferee is granted; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall recognize and honor the terms of the Transfer Agreement and the assignment to Transferee, and/or its successors or its assigns; and it is further ORDERED that Hartford shall make payments of, A) 1 payment of $20,000.00 on Iecember 23, 201413) 1 payment of $20,000.00 on December 23, 2019 (the "Assigned Payment") to Transferee; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Insurance Company shall remit the Assigned Payment to Transferee at the following address, or such other address as Transferee shall designate in writinb: J.O. Wentworth Originations, LLC. P.O. Box 83364 Woburn, MA 01813-3364; and it is further ORDERED that Twin City Fire Insurance Company and Hartford Life Tnsurance Company shall, as to all parties except Transferee, be discharged from any and all liability for the Assigned payment; and it is further ORDERED that the Transferee shall be liable to Twin City Fire Insurance Company and Hartford Life Insurance Company for any liabilities, taxes or costs of any kind, including reasonable costs and attorneys' fees arising from compliance by Twin City Fire Insurance Company and Hartford Life Insurance Company with this order and/or arising as a consequence of the Transferee's fa°ilure to comply with applicable law; and that, if, as a consequence of the Transferee's failure to comply with applicable law, the Transferee owes any amount to Twin City Fire Insurance Company and Hartford Life Insurance Company, then the Transferee expressly grants to Twin City Fire Insurance Company and Hartford Life Insurance Company the right to recover any liabilities, taxes, costs of any kind, and attorneys' fees, as well as their attorneys' fees relating to the above-captioned action; and it is further ORDFRED that this Order in no way modifies or negates the ownership or control of the underlying contract by Twin City Fire Insurance Company and is entered without prejudice to the rights of Twin City Fire Insurance Company and Hartford Life Insurance Company and the lack of opposition by Twin City Fire Insurance Company and Hartford Life lnsurancc Company to this transfer, and their compliance with this Order, shall not constitute evidence in this or any other matter regarding: (i) the assignability of payments under a structured settlement agreement or annuity contract or related contracts or whether such payments can be assigned; (ii) the enforceability of provisions that restrict and/or preclude assignment of payments under a structured settlement agreement or annuity contract or related contracts or orders; (iii) the validity of other transactions entered into by Transferee; or (iv) whether Twin City Fire Insurance Company and Hartford Life Insurance Company has waived any right in connection with any other litigation or claims or rights other than the rights to the Assigned payment as described above; and it is further ORDERED that after Twin City Fire Insurance Company and Hartford Life Insurance Company changes the address for the Assigned payment to the above designated address ("Designated Address"), then Twin City Fire Insurance Company and Hartford Life Insurance Company shall not again be required to change the address for the Assigned payment.; however, the Transferee may request and Twin City Fire Insurance Company and Hartford Life Insurance Company will reasonably grant up to one address change per calendar year; and it is further ORDERED that in the event that Transferee further assigns rights to the Assigned payment (or any portion thereof) to any other person or entity, then Twin City Fire Insurance Company and Hartford Life Insurance Company will not themselves be obligated to redirect the Assigned payment (or any portion thereof) to any person or entity other than Transferee, and Twin City Fire Insurance Company and Hartford Life Insurance Company shall have no duty or obligation to any person other than Transferee; and it is further ORDERED that if prior to the issuance of the order or within 30 days after the entry of the order, Twin City Fire Insurance Company and Hartford Life Insurance Company sends any of the scheduled Assigned Payments to the Payee that came due and owing under the settlement and annuity in that time period, it is adjudged that Twin City Fire Insurance Company and Hartford Life Insurance Company has fulfilled their obligations to the Payee and to the Transferee with respect to any such payment(s); and it is further ORDERED that the death of Payee prior to the due date of the last of the Assigned payment shall not affect the transfer of the Assigned payment from Payee to J.V. Wentworth Originations, f,LC., and Payee understands he is giving up his rights, and the rights of his heirs, successors and/or beneficiaries, to the Assigned payment; and it is further ORDERED that any further transfer of structured settlement payments rights by the Payee shall be made in compliance with all of the requirements of Applicable Acts; and it is further ORDERED that this order is binding on any and all successors of the Payee, of other interested parties, and of the Transferee; and it is further ORDERED that the Payee shall not incur any penalty, forfeit any application fee or other payments, or otherwise incur any liability to Transferee or any other person based on a-6 failure , . of the transfer to satisfy the Applicable Acts; and it is further Wio, ' ORDERED that this constitutes a Final Order of the Court. c•? 1 C tad`` < ': .:' ca _ -_ Sdg_ }''S 1 y^ < .G rt S?ctl ?Ptr•? ? ?.1` <jC7C? C1n can oC ?icro?? /f7? nn try c,r P.S?vi5r 5 ??, 5 SL?,tt ?jc ?7 ?? c1 h7 S C TRUE COPY FROM RECORD In'reat;mony whefWf. I hero unto set my hand and tha eat t5f Said, , t COnisle, Pa. 20 IA - Thls .T ?/ Prof othonotary ATTACHMENT/EXHIBIT " 2" 06/28/2011 1Y::31. FAX 866 215 7550 '1111" HARTFORD Jwmary 26, 1999 RECEIVED 031''0 William G. Porter ? AM$ EM tWi PO Box 4906 VO ' Vail CO 81658 Re: CCX 3564 Dew-Mr. Porter: This lour Serves as official verification of the above referenced annuity contract. The annuity will a mmence on 12/23/1999 with six lump nun payments as described below: traaz ? t t $20,000 on 12/23/1999 530,000 on 12123/2004 $40.000 on 12123/2009 $50,000 on 12/2312014 560.000 on 12/23/2019 $95,000 on 1=312024 Plows soft: Tbis eoatrrrt tx+ysat be roll, assatp ed or used as colaateral. Only the owner, Twin City Fire Ins. Co., is permitted to assign this contort. If you have any questions please do not hesitate to call me at (800)678-2282. 1 will be glad to assist you. Sinoartly, R 002!009 Diane M. McGough Amruiti2ation Service Center ATTACHMENT/EXHIBIT (W9 Please complete and sign. STATEMENT OF PROFESSIONAL REPRESENTATION Account ID: 74137 Please Choose Either Box A OR Box B Below. After you have made your choicc, _ the appropriate box signature line. YOU SHOULD SIGN -THE BOX YOU HAVE CHOSEN. A. I HAVE BEEN ADVISED BY J.G. WENTWORTH ORIGINATIONS, LLC ("JGW") THAT I SHOULD OBTAIN INDEPENDENT PROFESSIONAL REPRESENTATION CONCERNING THE LEGAL, TAX AND/OR FINANCIAL IMPLICATIONS OF THIS TRANSACTION. I FULLY UNDERSTAND THE PURCHASE AGREEMENT AND THE IMPLICATIONS OF THE TRANSFER, INCLUDING THE TAX RAMIFICATIONS OF THE TRANSFER AND I DO NOT WISH TO SEEK OUT SUCH INDEPENDENT PROFESSIONAL REPRESENTATION. WILLTAM PORTER-LOVI,TT Date B. I HAVE OBTAINED INDEPENDENT REPRESENTATION AND I FULLY UNDERSTAND THE LEGAL, TAX AND/OR FINANCIAL IMPLICATIONS OF THE TRANSACTION, THE PURCHASE AGREEMENT AND THE RELATED DOCUMENTS. I WAS NOT REFERRED TO MY PROFESSIONAL ADVISOR BY .1C.W. THE NAME; OF MV PROFESSIONAL ADVISOR IS SET FORTH BELOW: ._ _.._.._..W.._ _Po __._..__...._._.__._........ ......._ WILLIAM PORTER-LOVETT Date To Be Completed kjy Ceriired Pro/essional,1 dvisor Only if you have sibcited Box B Above Name of Professional: Phone Number: Address: I have personally met with and provided independent professional advice to _ and the ttansuction contemplated thereby. William Porter-Lovett was reterted to (nc b% the Professional's Signature Date Attorney ID in respect 01'01C Purchase Contract with.IG W SSC.Contract[t ) Account 11): 74137 PURCHASE CONTRACT This is a Purchase Contract ("Contract") for the sale of structured settlement payments between William Porter-Lovett (You, Your), with legal residence at 600 F, Keller St, Mechanicsburg, PA 17055-3425 and 3.0. Wentworth Originations, LLC (We, Us, Our) 3993 Howard Hughes Parkway, Suite 250, Las Vegas, NV 89169-6754. BACKGROUND A. In connection with the resolution of a personal injury claim, You or someone acting for You, signed a Settlement Agreement that entitles You to receive certain future payments ("Settlement Payments"), according to a set schedule. B. Those Settlement Payments are being paid to You from an annuity policy ("Annuity Policy") purchased by the Person responsible for making the Settlement Payments to You ("Obligor"). C. Rather than wait for the Settlement Payments to be made to You in the future, You want to sell all or some of those Settlement Payments ("Purchased Payments") to Us now for a lump sum. D. THIS CONTRACT CONTAINS AN ARBITRATION PROVISION WHICH YOU SHOULD READ CAREFULLY, AS IT WILL HAVE A SUBSTANTIAL IMPACT ON HOW DISPUTES BETWEEN YOU AND US ARE RESOLVED. IYYYYYYYIYIIY?YIYY YYY IYIYIWYYYYY141YYYIIY YIYYYYY Y ?Y1YYYIIY? Y?YYI, DEFINED WORDS Certain words used in this Contract have specific meanings, shown below. Annuity Policy The policy purchased by the Obligor to ensure that the Settlement Payments are made to You as required by the Settlement Agreement. Closing Documents Any documents necessary to carry out the purchase of the Purchased Payments, other than the "Contract or Contract Documents" as defined below. Contract or Contract Documents Collectively, only this Contract and the Disclosure Statement. Contract Date The date Your signature at the end of this Contract is notarized. However, if You happen to sign this Contract before the number of days stated at the end of Your Disclosure Statement for waiting has passed, You will have no obligation under Your Contract until that time has passed. Court Order A legally binding ruling issued by a judge or properly empowered administrative officer, approving the sale of the Purchased Payments to Us ("Court Approval"). Disclosure Statement The document which identifies for You, the Purchased Payments, expenses, Purchase Price and various other disclosures. Encumbrance Any claim, right, lien, policy loan, or restriction. In addition, this includes any limits on rights of ownership (such as the use, voting, transfer, receipt of income, etc.). Funding Date The date We pay You the Net Purchase Price. Accountlll: 74137 Issuer The insurance company that issued the Annuity Policy. Obligor The Person who is obligated to make payments to You under the Settlement Agreement. Party One of You or Us. Parties means both You and Us. Person Any natural person or legal entity. Purchased Payments Only those certain payments that We are purchasing from You under this Contract. Purchase Price: Gross Purchase Price The amount shown as the "gross amount payable to the seller (You)" on the Disclosure Statement. This is the sum We have agreed to pay You before any deductions as set forth in the Contract Documents. Net Purchase Price The amount shown as the "net amount payable to the seller (You)" on the Disclosure Statement. This is the sum We have agreed to pay You after any deductions as set forth in the Contract Documents. Settlement Agreement The agreement that You and the Obligor signed to resolve Your personal injury claim. Settlement Payments All of the payments that the Obligor has agreed to make to You in the Settlement Agreement. We, Our, or Us J.G. Wentworth Originations, LLC, along with any of its successors, assigns, and designees. Some of the Contract Documents or Closing Documents may refer to Us as the purchaser. You or Your The Person named on this Contract's first page. Some of the Contract Documents or Closing Documents may refer to You as the seller. You and We agree as follows: 1. SALE OF THE PURCHASED PAYMENTS A. Upon the signing of this Contract and subject to certain conditions including Court Approval, You sell, transfer and assign to Us the right to receive the Purchased Payments specifically identified in the Disclosure Statement. B. We will pay You the Net Purchase Price as agreed to in the Contract Documents, subject to certain conditions, including meeting Our underwriting requirements, Court Approval and satisfactory completion of the Closing Documents. We will do this in exchange for You: • selling the Purchased Payments to Us; • changing the beneficiary of the Annuity Policy to Your estate and not changing it again until We have been paid all of the Purchased Payments; • having any current beneficiaries waive their rights to the Purchased Payments; and • fulfilling Your promises under this Contract. C. If We are buying only a portion of Your payments, this will have no effect upon Your rights in the unsold portion. You will continue to receive the unsold portion unless You have already sold or encumbered that portion. However, sometimes the Issuer, the Obligor or the court may require Us to receive the entire amount of Your payment. If so, We will then forward the portion of the payment still due to You and You hereby agree to this payment servicing arrangement. Account ID: 74137 2. PURCHASE PRICE A. The Gross and Net Purchase Prices are shown on the Disclosure Statement and are fair and acceptable to You and Us. B. We will pay You the Net Purchase Price in the manner You designate for Us. C. Before we pay You, You agree that We will adjust for the following amounts, if'applicable: • Purchased Payments Owed to Us-The Issuer may have already paid You some of the Purchased Payments before We have paid You for them. If that happens, We will deduct the amount of those Purchased Payments. • Holdbacks - Due to possible delays in the Issuer beginning to make the Purchased Payments to Us instead of You, We will hold back an amount equal to any Purchased Payments that the Issuer owes Us post Court Approval, that are due within 90 days of the Funding Date. If We subsequently receive those particular Purchased Payments directly, We will return the amount of any related holdback to You. • Payment of Debts Owed - If You owe any past due child support, bankruptcy payoffs or taxes, or have any judgments or liens against You or Your assets, We may pay those amounts and deduct them from the amount We pay You, and You hereby provide Us with specific authority to take such action. We will provide You with notice of the amounts that We are going to pay, prior to actual payment. D. If any Purchased Payments are mistakenly sent to You after We have paid You for them, You will immediately contact Us. If We then determine that any deductions or holdbacks as set forth above are not enough to reimburse Us, We will advise You of the amount You owe Us. You agree to immediately send that amount to Us by bank or certified check. 3. YOUR REPRESENTATIONS AND WARRANTIES You represent and warrant to Us the following: A. You understand that THIS IS A SALE AND NOT A LOAN. B. The Annuity Policy is in full torte, You are the sole and undisputed recipient of the right to the Purchased Payments, have the right to sell them free and clear of any Encumbrances and have not previously sold any of the Purchased Payments to any other Person. C. You understand that Court Approval is required for this purchase; and You agree to fully cooperate with Us to obtain that approval. D. You gave Us all requested information and signed all documents necessary to complete the purchase. Every statement made by You in the Contract Documents and Closing Documents is true and complete. E. No law, divorce decree or other legal obstacle: • requires You to keep the Purchased Payments for the benefit of a current or former spouse, dependent children, or other person; or • legally prevents You from contracting with Us, selling the Purchased Payments or changing the Annuity Policy's beneficiary. Either: • You have never tiled for bankruptcy, will not. do so before the Funding Date and there are no lawsuits or efforts by any of Your creditors to put You into bankruptcy or take any of the Purchased Payments; or If You filed for bankruptcy, the Purchased Payments were not subject to the claims of Your creditors. You will give Us a copy of any of Your bankruptcy documents that We request including evidence of a final bankruptcy payoff or case closing, if any. Acconntlrx 74137 G. We can rely on Your representations, warranties, and promises in this Contract. These representations, warranties, and promises are for Our benefit and the benefit of any future owners of the Purchased Payments. You understand that Our reliance on any intentional misrepresentation by You may result in Our enforcing Our rights against You in court. if. You had enough time to consider the sale of the Purchased Payments, understand the terms of the Contract Documents and Closing Documents (including the arbitration provision), are of legal contracting age and sound mind, not under the influence of drugs or alcohol, and freely and voluntarily, enter into this Contract and agree to all of its terms. You were advised by Us to obtain independent legal advice and professional tax advice about the sale of the Purchased Payments and to have those advisors review the terms and legal, tax and other effects of this Contract with You prior to Your execution of this Contract. You have also explored all appropriate financial options before entering into this transaction. We did not provide tax, financial, or legal advice to You about this Contract and have advised You that We may not refer You to any specific attorney for such purpose. K. If You are married, Your spouse understands all of the terms and conditions of this Contract including, but not limited to the fact that, after the Funding Date, You (and Your spouse) will not receive the same amount of money on the same payment schedule as You would have received under the Annuity Policy. Your spouse has been provided with all information relating to the transaction and. has had every opportunity to review the terms of the transaction and to seek any advice relating thereto. Your Spouse also understands that he or she will be giving up any property or contract rights that he or she may have in the Purchased Payments. L. We may sell, transfer, or assign Our right to the Purchased Payments in a sale, securitization, or other financing transaction (resale). Any resale would involve disclosing certain information about You (including Your personal information) to the parties to a resale. M. Any future owner of the right to the Purchased Payments will have all of the same rights We have, including the right to the duties You owe Us under this Contract. This includes the right to make a claim against You for violating any of the representations, warranties, or promises You made in this Contract. 4. YOUR PROMISES TO US Before and after the I+undint! Date: A. You will tell us right away if Your address or telephone number changes and do everything necessary, including completing and signing all documents to: • sell the right to the Purchased Payments to Us; • change the beneficiary as required by this Contract; and • correct any documentation errors in the Contract Documents or Closing Documents. B. You will also tell Us if any of the following occurs: • a violation of this Contract; or anything that could negatively affect the Annuity Policy, the Purchased Payments, or this Contract. C. You will not: • agree to sell the Purchased Payments t:o any Person other than Us; change the Annuity Policy's beneficiary to any Person other than Your estate until We have collected all of the Purchased Payments; or 0 withdraw cash from, borrow against, or change the Annuity Policy. Account ID 74137 D. You will give Us information necessary to update Your representations, warranties, and promises in this Contract. You will also update any documents and information so they will be true and complete on the Funding Date. G. We are now, and will continue in the future, to rely on the representations and warranties You have given Us. We will confirm the accuracy of Your representations and warranties. You must cooperate with this confirmation and provide complete access to any information We believe necessary. F. You agree that updating representations, warranties, promises, documents and other information will not cure a breach of any representation or warranty made by You that was not true and complete. G. You agree that Our obligation to You under this Contract is strictly limited to the requirement to pay You what We owe You under- the terms of this Contract, after receipt and approval of the Closing Documents, final underwriting approval and Court Approval. Under no circumstances will We be liable for any consequential damages. H. You hereby appoint Us and any of Our designees, with full power of substitution as your Attorney in Fact, to act in Your name and place for the purpose of assigning and transferring ownership of any and all right, title and interest that You have in the Purchased Payments and for Us to obtain all benefits contemplated by this transaction. You also give Us full authority to act in any way proper and necessary to exercise this Attorney in Fact appointment including, but not limited to: (1) negotiating, endorsing and executing checks, drafts and other instruments in Your name; and (2) instituting, maintaining, compromising, settling and terminating any litigation or other proceedings related to the Purchased Payments. This power of attorney is coupled with an interest and shall survive death or disability. 5. CANCELLATION BY US We may cancel this Contract before the Funding Date if: A. You breach any representation, warranty, or promise in any Contract Documents or Closing Documents. 13. The petition for the Court Order is contested, opposed, or not approved. C. We are sued or threatened with a. lawsuit or an arbitration about this Contract or the Annuity Policy. D. There is any threatened, pending, or final action, or change in law or rule challenging the legality of, or negatively affecting this transaction. E. You file for, or are forced into bankruptcy. F. You die. G. Final approval has not been given by Our underwriting department. IL The Purchase Contract is not signed by You and received back by Us by September 15, 2012. A major rating agency downgrades the Issuer's credit rating. 1. Ibe Issuer is, or becomes insolvent, or under regulatory supervision. K. With respect to A through .I above, to the extent permitted by applicable law, the arbitration provision in Section 9 of this Contract shall survive the termination, cancellation or rescission of this Contract. 6. CANCELLA YOU A. (1) YOU MAY CANCEL THIS CONTRACT WITHOUT PENALTY OR FURTHER OBLIGATION AT ANY TIME WITHIN FIVE (5) BUSINESS DAYS AFTER THE DATE YOU RECEIVE PAYMENT HEREUNDER FROM US. IN ORDER FOR THE CANCELLATION TO BE EFFECTIVE, YOU MUST SEND A NOTICE POSTMARKED AT ANY T1MF, WITHIN FIVE BUSINESS DAYS AFTER YOU RECEIVE PAYMENT HEREUNDER FROM US (This is the rescission period). Account ID: 74137 (2) YOUR NOTICE IS TO BE SENT EITHER BY CERTIFIED OR REGISTERED MAIL (RETURN RECEIPT REQUESTED) OR FEDEX OR ANOTHER MAJOR OVERNIGHT DELIVERY SERVICE. THE NOTICE MUST INCLUDE A BANK OR CERTIFIED CHECK MADE PAYABLE TO US, IN THE FULL AMOUNT RECEIVED BY YOU. YOUR NOTICE MUST BE SENT TO: J.G. Wentworth Originations, LLC Attention: Manager of Operations 3993 Howard Hughes Parkway, Suite 250 Las Vegas, NV 89169-6754 B. GEORGIA RESIDENTS: YOU MAY CANCEL THIS TRANSACTION AT ANY TIME PRIOR TO 5:00 P.M. OF THE TWENTY-FIRST DAY FOLLOWING RECEIPT OF THE ENCLOSED "NOTICE OF CANCELLATION RIGHTS" FORM, OR AT THE HEARING ON THE APPLICATION FOR AUTHORIZATION OF A TRANSFER OF STRUCTURED SETTLEMENT PAYMENT RIGHTS, OR AT ANY TIME WITHIN FIVE (5) BUSINESS DAYS AFTER YOU RECEIVE PAYMENT HEREUNDER FROM US, WHICHEVER EVENT OCCURS LAST (This is the Georgia rescission period). IN ORDER FOR THE CANCELLATION TO BE EFFECTIVE, YOU MUST SIGN THE ENCLOSED "NOTICE OF CANCELLATION RIGHTS" FORM AND MAIL OR DELIVER IT TO US AS SPECIFIED IN THAT NOTICE AND YOU MUST RETURN ALL AMOUNTS (PURCHASE PRICE OR OTHERWISE) RECEIVED BY YOU ACCORDING TO THE REQUIREMENTS OF 6 (A) (2) ABOVE. C. WEST VIRGINIA RESIDENTS: IN ORDER FOR YOUR CANCELLATION TO BE EFFECTIVE, YOUR NOTICE CAN BE SUBMITTED VIA PHONE, MAIL, OR FACSIMILE. ANY AMOUNTS ADVANCED BY US IN CONTEMPLATION OF THE TRANSFER SHALL BE IMMEDIATELY REFUNDED TO US. IF YOU DISMISS YOUR ACTION AFTER APPOINTMENT OF A GUARDIAN AD LITEM, OR RESCIND YOUR TRANSFER AGREEMENT (PURCHASE CONTRACT) WITHIN THE RESCISSION PERIOD IN 6(A) (1) ABOVE, YOU SHALL BE RESPONSIBLE FOR THE FILING FEE AND ANY GUARDIAN AD LITEM FEES. D. With respect to A through C above, to the extent permitted by applicable law, the arbitration provision in Section 9 of this Contract shall survive the termination, cancellation or rescission of this Contract. 7. NOTICES A. All notices about this Contract must be in writing. 13. All notices must be sent either by: (1) certified or registered mail (return receipt requested); or (2) FedEx or another major overnight delivery service with a delivery tracking system and are considered given when delivered as follows: If to You: to the most recent address for You listed in Our files. If to Us: to the address listed in Section 6(A) (2) of this Contract. 8. EVENTS OF DEFAULT You will be in default if You: A. fail to comply with any terms or conditions of this Contract; or B. breach any of Your representations, warranties and promises in this Contract. If You are in default, even if You have not rejected the arbitration provision (see Section 9 of this Contract), We have the right to enforce Our rights against You in court to make You perform Your promises or to get money from You. If We sue You in covet in connection with a Claim that is subject to arbitration under the arbitration provision in Section 9 of this Contract, and You have not rejected the arbitration provision, You will have the option of remaining in court or seeking to compel arbitration of that Claim under the terms of the arbitration provision. AccountlD: 74137 9. ARBITRATION PROVISION To the extent permitted by applicable law, You and We agree to the following arbitration provision. YOU HAVE THE RIGHT TO REJECT THIS ARBITRATION PROVISION AS SGT FORTH BELOW. If You do not reject this arbitration provision and a Claim is arbitrated, You will not have the right to: (1) have a court or a jury decide the Claim; (2) engage in information gathering (discovery) to the same extent as in court; (3) participate in a class action in court or in arbitration; or (4) join or consolidate a Claim with claims of any other person. The right to appeal is more limited in arbitration than in court and other rights in court may be unavailable or limited in arbitration. Claims Subject to Arbitration. A "Claim" subject to arbitration is any claim, dispute or controversy between You and Us (other than an Excluded Claim or Proceeding as set forth below), whether preexisting, present or future, which arises out of, or relates to the Contract, the negotiations related thereto, the breach thereof or any other transaction conducted with us in connection with the Contract. "Claim" has the broadest possible meaning and includes initial claims, counterclaims, cross-claims, third-party claims and federal, state, local and administrative claims. It includes disputes based upon contract, tort, consumer rights, fraud and other intentional torts, constitution, statute, regulation, ordinance, common law and equity and includes claims I'or money damages and injunctive or declaratory relief. Upon the demand oi' You or Us, Claim(s) will be resolved by individual (not class or class-wide) binding arbitration in accordance with the terms specified in this arbitration provision. Special Definitions. Solely for purposes of this arbitration provision, in addition to the meanings set forth in this Contract: (1) "We," "Us" and "Our" also (a) refer to Our employees, officers, directors, parents, controlling persons, subsidiaries and affiliates and (b) apply to third parties if You assert a Claim against such third parties in connection with a Claim you assert: against Us; and (2) "You" or "Your" also refer to Your current or former spouse(s), children. heirs, estate, executors, successors, assigns, representatives and beneficiaries. Excluded Claim or Proceeding. Notwithstanding the foregoing, "Claim" does not include any dispute or controversy about the validity, enforceability, coverage or scope of this arbitration provision or any part thereof (including, without limitation, the "Class Action Waiver" set forth below and/or this sentence); all such disputes or controversies are for a court and not an arbitrator to decide. However, any dispute or controversy that concerns the validity or enforceability of the Contract as a whole is for the arbitrator, not a court, to decide. In addition, We will not require You to arbitrate any individual action brought by You in small claims court or Your state's equivalent court, unless such action is transferred, removed, or appealed to a different court. Federal Arbitration Act. Notwithstanding any other provision it, this Contract, You and We agree that this Contract evidences a transaction involving interstate commerce and that the Federal Arbitration Act (Title 9 of the United States Code) ("FAA") shall govern its interpretation and enforcement and proceedings pursuant thereto. To the extent state law is applicable under the .FAA, the law of the state of Your domicile (where You regularly reside on the Contract Date) shall apply. Class Action Waiver. Notwithstanding any other provision of this Contract, if a Claim is arbitrated, neither You nor We will have the right: (a) to participate in a class action, private attorney general action or other representative action in court or in arbitration, either as a class representative or class member; or (b) to join or consolidate Claims with claims of any other Persons. No arbitrator shall have authority to conduct any arbitration in violation or this provision (provided, however, that the Class Action Waiver does not apply to any lawsuit or administrative proceeding filed against us by a state or federal government agency even when such agency is seeking relief on behalf of a class of borrowers including You. This means that We will not have the right to compel arbitration of any claim brought by such an agency). The Class Action Waiver is nonseverable from this arbitration provision. If the Class Action Waiver is limited, voided or found unenforceable, then this arbitration provision (except for this sentence) shall be null and void with respect to such proceeding, subject to the right to appeal the limitation or invalidation of the Class Action Waiver. Arbitration. Procedures. If You or We seek to arbitrate a Claim, the Party seeking arbitration must notify the other Party in writing. This notice can be given after the beginning of a lawsuit and can be given in papers filed in the lawsuit, such as a motion to compel arbitration. Otherwise, Your notice must be sent to Us at the address specified in Section 6 (A) (2) of this Contract and Our notice must be sent to the most recent address for You in our files. Any arbitration hearing that You attend will take place in a venue of Your domicile. If a Party files a lawsuit in court asserting Claim(s) that are subject to arbitration, and the other Party files a motion to compel arbitration with the court, which is granted, it will be the responsibility of the Party prosecuting the Claim(s) to select an arbitration administrator in accordance with the paragraph below and commence the arbitration proceeding in accordance with the administrator's rules and procedures. Accotiw IF). 79137 The arbitration will be administered by the American Arbitration Association ("AAA"), 1633 Broadway, 10" Floor, New York, NY 10019, www.adnorg, 1-800-778-7879 or JAMS, 1920 Main Street, Suite 300, Irvine, CA 92614, www.jawsa(ir.c:om, 1-800-352-5267. The rules and forms of the AAA and JAMS maybe obtained by writing to these organizations at the addresses listed above. Ifthe AAA and .TAMS are unable or unwilling to serve as administrator, the Parties may agree upon another administrator or, if they are unable to agree, a court shall determine the administrator. No company may serve as administrator, without the consent of all Parties, if it adopts or has in place any formal or informal policy that is inconsistent with and purports to override the terms of this arbitration provision. In the event of a conflict between the provisions of this arbitration provision, on the one hand, and other provisions of this Contract or any applicable rules of the AAA or .TAMS or other administrator used, on the other hand, the provisions of this arbitration provision shall control. A single arbitrator will be appointed by the administrator and must be a practicing attorney with ten or more years of experience or a retired judge. The arbitrator will not be hound by judicial rules ofprocedure and evidence that would apply in a. court, or by state or local laws that relate to arbitration proceedings. The arbitrator will honor statutes of limitation and claims of privilege recognized under applicable taw. In determining liability or awarding damages or other relief, the arbitrator will follow this Contract and the applicable substantive law, consistent with the FAA and this Contract, that would apply if the matter had been brought in court. At Your written request, we will pay all tiling, hearing and/or other fees charged by the administrator and arbitrator to You for Claim(s) asserted by You in arbitration after You have paid an amount equivalent to the fee, if any, for filing such Claim(s) in state or federal court (whichever is less) in the judicial district in which You reside. (If You have already paid a filing fee for asserting the Claim(s) in court, You will not be required to pay that amount again), In addition, the administrator may have a procedure whereby You can seek a waiver of fees charged to You by the administrator and arbitrator. We will always pay any fees or expenses that We are required to pay by law or the administrator's rules or that We are required to pay for this arbitration provision to be enforced. The arbitrator will have the authority to award attorneys' and expert witness fees and costs to the extent permitted by this Contract, the administrator's rules or applicable taw. The arbitrator will always award You reasonable attorneys' and expert witness fees and costs (a) if and to the extent You prevail on Claims you assert against Us in an arbitration commenced by You and (b) to the extent required under applicable law for this arbitration provision to be enforced. The arbitrator shall write a brief explanation of the grounds for the decision. A judgment on the award may be entered by any court having jurisdiction. Severability and Survival. If any part of this arbitration provision, other than the Class Action Waiver, is deemed or found to be unenforceable for any reason, the remainder shall be enforceable, To the extent permitted by applicable law, this arbitration provision shall survive the termination, cancellation or rescission of this Contract. Effect of Arbitration Award. The arbitrator's award shall be final and binding an all Parties, except: for any right of appeal provided by the FAA. However, if the amount of the Claim exceeds $50,000 or involves a request for injunctive or declaratory relief that could foreseeably involve a cost or benefit to either Party exceeding $50,000, any Party can, within 34 days after the entry of the award by the arbitrator, appeal the award to a three-arbitrator panel administered by the administrator. The panel shall reconsider anew any aspect of the initial award requested by the appealing Party. The decision of the panel shall be by majority vote. Reference in this arbitration provision to "the arbitrator" shall mean the panel if an appeal of the arbitrator's decision has been taken. The costs of such an appeal will be borne in accordance with the above paragraph titled "Arbitration Procedures." Any final decision of the appeal panel is subject to judicial review only as provided tinder the FAA. Right to Reject Arbitration Provision. You may reject this arbitration provision by sending Us written notice of Your decision so that We receive it at the address listed below within forty-five (45) days of the Contract Date. Such notice must be sent by certified or registered mail (return receipt requested) or by l`edEx or another major overnight delivery service with a delivery tracking system; must include a statement that You wish to reject the arbitration provision along with Your name, address, Account I.D. number and Your signature; and must be delivered to Us at the address specified in Section 6 (A) (2) of this Contract. This is the sole and only method by which You can reject this arbitration provision. Upon receipt of a resection notice, We will reimburse You for the standard cost of a certified or registered letter or overnight delivery. Rejection of this arbitration provision will not affect any other terms of this Contract and will not result in any adverse consequence to You. You agree that Our business records will be final and conclusive with respect to whether You rejected this arbitration provision in a timely and proper fashion- This arbitration provision will apply tars You and Us unless you reject it by providing proper and timely notice as stated herein. Account I C): 741 3 7 10. MISCELLANEOUS A. You give Us permission to conduct background checks on You, including obtaining information from the credit bureaus, in order to verify Your legal residence, contact information, and any other information We deem necessary for this transaction. We can also search records for UCC filings, hankruptcy filings, judgments, liens and child support obligations against You. B. This Contract is the entire agreement between You and Us. C. If there is more than one of Us or You, this Contract applies to all of those people together, and to each of them on their own. D. Both Parties must agree in writing to any change to this Contract or waiver of its terms. F. Except as set forth in the arbitration pmvision in Section 9 of this Contract, if a court undoes any part of this Contract, the rest of the Contract remains valid. F. You cannot voluntarily or involuntarily sell, assign, or transfer this Contract, or any of Your rights or duties under this Contract. Any such action taken by You in violation of this section shall be void and of no effect. G. Except as otherwise required by applicable law, the law of the state of Your domicile (where You regularly reside on the Contract Date) will govern this Contract and disputes under this Contract shall be determined in Your domicile State (where You regularly reside on the Contract Date). H. This Contract also holds responsible Your heirs, and executors. This Contract benefits only You and Us, and no one else. However, if properly assigned by Us, this Contract will bind and benefit Our successors and assigns. 1. Failure to enforce any provision of this Contract is not a waiver of that provision. J. The Parties may sign this Contract in one or more counterparts. Each counterpart will be considered an original. All counterparts will form one Contract. A facsimile, pdf or other electronic copy of the signed Contract or any counterpart will be considered an original and treated as such in any court [or arbitration I proceeding. K. We have investigated the proposed transfer of the Purchased Payments and, in light of information available to Us, have identified no violation of any applicable state or federal law. L. You will not receive an IRS Form 1099 from Us. M. Titles and headings in this Contract are for convenience only. Do not use them to interpret this Contract. N. Except as otherwise set forth in this Contract (including the arbitration provision in Section 9 of this Contract); You and We will pay our respective costs and expenses in carrying out this Contract. You and We, intending to be legally bound, have signed this Contract as of the Contract Date below, and agree to all of its terms and conditions, including the arbitration provision. Account ID: 74137 By signing below, You also acknowledge that You were advised by Us in writing, that You should obtain independent legal advice and professional tax advice about the sale of the Purchased Payments anti to have those advisors review with You, the terms and legal, tax and other effects of this Contract. tiwortr to and subseribed SELLER: before me this, 1?5? k day of 20 ("(:ontract Date") f SIGN HERF v ?l Notary williant l'orier-Lovett i Acknowledged and Agreed: Sworn to and subscribed bore me this day of Notary 4 COMMON_ 1'H OF PCIVNSYLVAN7A - Notarial Seal Hope L Gulley, Notary Public tipper Allen T,wp., Cumberland County My Commission Expires Feb. J_8, 2013 ------ ;..; ,. -,r nr,)taYieS Menthcr.t?en•.,n-.. ,.., SELLER'S SPOUSE (if applicable) d ^` Spouse US: J.G. Wentworth Originations, LLC BY: Sam Gottesman, Underwriting Manager ACCOnnt ti): 74137 July 31, 2012 PENNSYLVANIA. DISCLOSURE STATEMENT We will purchase the following payments (purchased .payments) from You; A) 1 payment of $7,000.00 on December 23, 2014 B) 1 payment of $30,000.00 on December 23, 2019 (The remainder of the page intentionally left blank) Account lU: 74137 July 31, 2012 The aggregate amount of the Purchased Payments is $37,000.00. The discounted present value of the aggregate Purchase Payments at the federal interest rate of 1.20% is $34,269.30. The discounted present value is the calculation of the current value of the transferred structured settlement payments (Purchased Payments) under federal standards for valuing annuities. The gross amount payable to seller (You) is $19,000.00. The net amount payable to the seller (You) is $19,000.00. Legal fees (this is an estimate of what Your attorney will charge You if You choose not to waive representation): $500.00 No other expenses are incurred by You. The net amount that You will receive from Us in exchange for Your future structured settlement payments represents 55.40% of the estimated current value of the payments based upon the discounted value using the applicable federal rate. Based on the net amount that You will receive in payment from Us and the amounts and timing of the structured settlement payments that You are selling to Us, this is the equivalent of interest payments to Us at a rate of 11.31 % per year. PLEASE NOTE; THAT THIS IS NOT A LOAN, BUT A SALE OF PAVMEN'lI RIGHTS AND THE INTEREST FIGURE IS ONLY PROVIDED AS AN ILLUSTRATION OF THE ECONOMIC IMPACT OF THE SALE. Please be advised there are no penalties or liquidated damages payable by you in the event of any breach of the transfer agreement by you. By signing below, You are confirming receipt of this Disclosure Statement at least 10 days prior to You first incurring an obligation with respect to the transfer. t W=ILLIAM PORTER-LOVETT STUN HLRG -2- AQuounlID'. 74137 July 31, 2012 CONNECTICUT DISCLOSURE STATEMENT We will purchase the following payments (Purchased Payments) from You; A.) 1 payment of $7,000.00 on December 23, 2014 B) 1 payment of $30,000.00 on December 23, 20) 9 (THE REMAINDER OF THE PAGE INTENTIONALLY LEFT BLANK) Account U 74137 July 31, 2012 The aggregate amount of the Purchased Payments is $37,000.00. The discounted present value of the aggregate Purchased Payments at the federal interest rate of 1.20% is $34,269.30. The discounted present value is the calculation of the current value of the transferred structured settlement payments (Purchased Payments) tinder federal .standards for valuing annuities. The gross amount payable to seller is $19,000.00. No other expenses are incurred by you. The net amount payable to the seller (You) is $19,000.00. Based on the net amount that You will receive in payment from Us and the amounts and timing of the structured settlement payments that You are selling to Us, this is the equivalent of interest payments to Us at a rate of 11.31% per year. PLEASE NOTE THAT THIS IS NOT A LOAN, BUT A SALE OF PAYMENT RIGHTS AND THE INTEREST FIGURE, IS ONLY PROVIDED AS AN 11J.,USTRATION OF THE ECONOMIC IMPACT OF THE SALE. Notice of Cancellation Rights: You may cancel without penalty or further obligation, not later than the fifth business day after Your receipt of payment from Us under the transfer agreement (Purchase Contract). Please be advised there are no penalties or liquidated damages payable by You in the event of any breach of the transfer agreement (Purchase Contract) by You. By signing below, You are confirming receipt of this Disclosure Statement at least 3 days prior to You executing the transfer agreement (Purchase Contract). SIGN HERE, WILLIAM PORTER=LOVETT -z IMPORTANT NOTICE You are strongly urged to consult with an attornev who carp advise you of the potential tax consequences of this transaction. By: WILLIAM PORTER-LOVETT Sworn to and subscribed r "tTorc me thi? day of ZotarY ? COMMONWEAL I tI M PENNSYLVANIA j t fork L CiiVeY, Notal V PUU1It Upper Ailen'1 rrp., C?lrr?beri-;rr? COMIty My C:onunlssioll Upk:5 r et. 26, 20_73_ l•9 ?.,7?1.i:f i°nnn•, d<<: % ,. n... .it ^ Rf ti?`..?`71flf':7? . j, ?0 ATTACHMENT/EXHIBIT "5" • r or ).G.Wi?Ni'WORTH August 8, 2012 Hartford Life Insurance Company 200 Flopmeadow Street Simsbury, CT 06089 Attn: Legal Department/Structured Settlements Twin City Fire Insurance Company Hartford Plaza Hartford, CT 06115 Attn: Legal Department/Structured Settlements RE: Notice of Sale/Assignment of Payment Rights Your Contract #: CCX0003564 Payee: William Porter-Lovett T)earlnsurcr: Please be advised that J.G. Wentworth Originations, LLC and/or its successors and assigns, have entered into a transaction with the above-referenced annuitant who is seekinc, to transfer certain of his/her rights to the payments scheduled to be received under the above-referenced annuity policy. We are currently seeking court approval pursuant to the applicable structured settlement transfer statute. Pursuant to the statute, please note the following information about the Purchaser: J.G. Wentworth Originations, LLC 201 King of Prussia Road, Suite 200 Radnor, PA 19087 Tax TD # 20-4728885 PLEASE. NOTE,: No payments under this annuity should be held until the courts have entered a final order and we have forwarded this order to you. Very t: my yours, J.G. Wentworth Originations, LL(: . 4' ht, j / ? fFi fay: hori Borowski, Vice President 201 KING OF PRUSSIA: ROAD, SUITE 200 • RAT)NOR, PA 19087 PHONE: (boo) 790-4016 • FAUX: (215) 567-6096 T _y Reserved forCourt use. 1.7i `tF. ~€~ ~~ a ~~ r R~:,2 AUG f 5 Af ~ 8~ ~., ~~ PLNN5Yi.VAt~(~; IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA RE: Joint Petition of J.G. Wentworth . NO: ~Z -' ~ /C~D ~~ ~ ~ L Originations, LLC and William Porter-Lovett ~~'"'' Ii~1ITIAL ORDER OF COURT On this ~ day of ~~~~.~- 2012, it is ordered that a hearing on this Petition to Transfer Structured Settlement Payment Rights will be held on ~~~;~'u`'~~ta,1.' ~7~_, 2012, in Courtroom _~~ at 3/,' o'clock. ~h1 The payee shall bring income tax returns for the prior two (2) yeazs to the heazing. Within seven (7) days, the transferee shall give notice of the hearing date to the payee, the structured settlement obligor, the annuity issuer, the payee's spouse and any person receiving child support, alimony, or alimony pendente lite. The transferee shall attach a certificate of service to the notice of hearing date. A copy of the notice with the certificate of service shall be filed with the court prior to the hearing. BY THE COURT: ~v.~ J. ~jGG s Maro &Maro, P.C. By: Robert A. Maro, Esquire Attorney I.D. No.: 89585 1115 W. Main Street Non~istown, PA 19401 (610) 275-9600 for JG Wentworth Origination, LLC IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA. IN RE: Joint Petition of JG Wentworth NO: 2012- 49Ci~ Originations, LLC and William Porter-Lovett Ana v ~~ ~ ~~ ~f CERTIFICATE OF SERVICE ~ n ~ a1 ~ N ~' ~ ~ I, Robert A. Maro, Esquire, hereby certify that a true and correct copy of the--+ ~ Notice of Hearing was served upon the Payee, The Sttvcttued Settlement Obligor, T'~ie Annuity Issuer, the Payee's Spouse and any person receiving child support, alimony or alimony pendente life. A copy of the Notice is attached hereto. Date: August 22, 2012 By: Robert A. Maro, Esquire Attorney for JG Wentworth Originations, LLC a ~,r:;m, rz`t ~~ ~~a ~~ .~. -~, q-~p C:) ~'. 3~" .~- MARO & MARO, P.C. By: Robert A. Maro, Esquire Attorney LD. No.: 89585 1115 West Main Street Norristown, PA 19401 (610} 275-9600 IN THE COURT OF COMMON PLEAS OF CUMBERLAND PENNSYLVANIA RE: Joint Petition of J.G. Wentworth NO: ~ ~' ~D Ori~tat~ns, LLC and Winiam Porter-Lovett NOTICE OF HEARING ON PETITION TO TRANSFER STRUCTURED SETTLEMENT PAYMENT RIGHTS To: Hartford Life Insurance Company Attn. Legal Dept/structured Settlements 200 Hopmeadow Street Simsbury, CT 06089 Twin City Fire Insurance Company Attn. Legal Depdstructiued Settlements Hartford Plaza Hartford, CT 06115 J.G. Wemworth Originations, LLC 201 King of Prussia Road Radnor, FA 19087 William Porter-Lovett Yourare hereby given notice that J.G. Wentworth Originations, LLC has filed a petition to transfer structured settlement yment rights. A hearing in is matter has ban scheduled on 2012 at 'I ' o clock in courtroom no. ~ courthouse, Cumberland Count Court of Common Pleas, Pennsylvania. ~d1 You are entitled to support, oppose or otherwise respohd to the payee's petition, either in person or by counsel, by filing written comments with the court prior to the hearing or by attending the hearing. The Name, Address and Tax Identification number of the transf is J.G. W~twarth Origi~utf~sa, LLC. 201 King of Prussia Road, Radnor, PA 19089, T. No. 20-~728885.i 2'q'~~ BY: Date Ro . Mam, Esquire ey for J.G. Wentworth 'ginations, LLC. 1115 W. Main Street Norristown, PA 19401 (610)275-9604 (610) 275-9666(facsimile) M