The J.G. Wentworth Company announced that it has successfully completed its reorganization in coordination with its lenders, ABL Advisor reported. The restructuring was pursuant to the company’s pre-packaged chapter 11 that was confirmed by the U.S. Bankruptcy Court for the District of Delaware on January 17. Through its plan, the company fully extinguished $449.5 million in principal of outstanding debt, while securing a new revolving credit facility of approximately $70 million, supplied by HPS Investment Partners, LLC. The company estimates that its debt service will be reduced from $32 million to approximately $5 million annually.