UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G/A

UNDER THE SECURITIES EXCHANGE ACT OF 1934

PURSUANT TO RULE 13d-2(b)

(Amendment No. 1)

The J.G. Wentworth Company

(Name of Issuer)

Class A Common Stock, par value $0.00001 per share

(Title of Class of Securities)

46618D108

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

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AMENDMENT NO. 1 TO SCHEDULE 13G

This Amendment No. 1 (this “Amendment”) to the Schedule 13G originally filed with the Securities and Exchange Commission on February 21, 2014 (the “Schedule 13G”) is being filed on behalf of Kerrisdale Partners Master Fund Ltd, Kerrisdale Advisers LLC and Sahm Adrangi relating to shares of Class A Common Stock, par value $0.00001 per share (the “Common Stock”), of The J.G. Wentworth Company, a Delaware corporation (the “Issuer”).

The J.G. Wentworth Company

201 King of Prussia Rd, Suite 501, Radnor, PA 19087, USA

Kerrisdale Partners Master Fund Ltd

Kerrisdale Advisers LLC

Sahm Adrangi

Address of Principal Business Office, or, if non, Residence.

Place of Organization.

This Amendment is jointly filed by:

(i) Kerrisdale Partners Master Fund Ltd (the “Master Fund”), a Cayman Islands exempted company;

(ii) Kerrisdale Advisers, LLC (the “Adviser”), a New York limited liability company and the investment manager to the Master Fund, with respect to the Common Stock held by the Master Fund;

(iii) Sahm Adrangi, a Canadian citizen and the managing member of the Adviser, with respect to the Common Stock held by the Master Fund.

The persons identified in (i) through (iii) above are herein referred to as the “Reporting Persons.”

Neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that they have formed a group.

The principal place of business for each of the Reporting Persons:

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The Investment Manager/Investment Adviser and General Partner address is 1212 Avenue of the Americas, 3^rd Floor, NY, NY 10036, USA. The registered office address of the Master Fund is c/o Intertrust Corporate Services (cayman) Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands.

Kerrisdale Partners Master Fund Ltd - Cayman Islands

Kerrisdale Advisers LLC - New York

Sahm Adrangi - Canada

Class A Common Stock, par value $0.00001 per share

46618D108

Not Applicable

(a) As of the date hereof, each of the Reporting Persons beneficially owns the 549,494 shares of Common Stock held by the Master Fund.

(b) The shares beneficially owned constitute 3.7% of the Common Stock.

The approximate percentage of Common Stock reported as beneficially owned by each of the Reporting Persons is based upon the sum of 14,923,670 shares of Common Stock outstanding as of November 13, 2014, as reported by the Issuer in its Quarterly Report on Form 10-Q for quarterly period ended September 30, 2014 filed by the Issuer with the Securities and Exchange Commission on November 14, 2014.

(c) The Adviser and Mr. Adrangi have the shared power to vote and dispose of the shares of Common Stock held by the Master Fund reported in this Amendment. The Master Fund has the sole right to vote and dispose of the shares of Common Stock held by it.

If this Statement is being filed to report that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x

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The Reporting Persons beneficially own less than five percent of the Common Stock.

Not applicable.

Not applicable.

Not applicable.

Not applicable.

Item 10 Certification.

By signing below each of the Reporting Persons certifies that, to the best of such person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

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