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Insolvency claim for miles possible, 0.33 eurocents per mile [edited]

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Insolvency claim for miles possible, 0.33 eurocents per mile [edited]

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Old Apr 6, 2018, 10:32 am
  #16  
 
Join Date: Nov 2016
Location: Berlin, TXL
Programs: OW Emerald, *A gold, Skyteam elite plus, Hilton gold, SPG gold
Posts: 339
Originally Posted by gdaily
There is now possibility to claim cash for your miles
https://topbonus.insolvenz-solution.de/creditor
Everything is in German, but one can easily guess what to enter.

My low amount of 3000 miles got the "offer" of 10.80€



Edit: Brain fart in the headline, sorry for that.
the actual value of you miles will be 0.0036 per mile according to the PDF posted by the Topbonus bankruptcy administrator
RolfD is offline  
Old Apr 9, 2018, 9:14 am
  #17  
 
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but how I would get the money back? bank transfer fees are very expensive
miklcct is offline  
Old Apr 10, 2018, 8:04 am
  #18  
 
Join Date: Nov 2016
Location: Berlin, TXL
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Important update, you must fill the form before April 24, 2018
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Old Apr 11, 2018, 5:18 pm
  #19  
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Well I just filled in the form, in German. Hope I've done it right. My 69,179 Prämienmeilen will get me EUR248.97, apparently. On the downloaded receipt there are two boxes on the left side, Gläubiger and Gläubiger - Bankdaten, with all my details in them. On the right side the two boxes which are labelled Vertreter and Vertreter - Bankdaten are empty.The Gläubiger is the creditor, me, and the vertreter is presumably an agent or proxy who would be representing me, in this case no-one.
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Old Apr 12, 2018, 1:00 am
  #20  
Moderator, SkyTeam and Germany
 
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Just once again to make it clear: The calculated worth of your miles is just the base for your claim. After all the claims from us members and those from business partners of topbonus will be added up (in May or so?) after a number of months the insolvency court will calculate a quota which determins how much of your claim you'll get paid out. No way to know, but my gut feeling says that this quota will be between 10 and 30%. So your claim of let's say 100 EUR will be paid out with 10 to 30 EUR in this example.
ralfkrippner is offline  
Old Apr 12, 2018, 5:13 am
  #21  
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I see, I had no idea that this was the case, thanks for the clarification. TopBonus has turned out to be one of the biggest wet farts of the century so far.

I'm glad I used up most of my miles on a trip to Florida in February of last year, even if the turbulence was so bad that I lost my glasses and some minor items. If they look hard enough they can find my glasses and sell them to help reduce the debt. No wait, the planes have gone to Virgin, haven't they?
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Old Apr 12, 2018, 9:16 pm
  #22  
Moderator Hilton Honors, Travel News, West, The Suggestion Box, Smoking Lounge & DiningBuzz
 
Join Date: Jun 2000
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When trying to fill out the form where asked for my address, there is no country listing for United States.
cblaisd is offline  
Old Apr 13, 2018, 2:32 am
  #23  
 
Join Date: Sep 2004
Location: Tampa, FL
Posts: 239
google translate is your friend.
asandrs is offline  
Old Apr 13, 2018, 3:07 am
  #24  
Suspended
 
Join Date: Mar 2002
Location: Canada, USA, Europe
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Posts: 31,452
Originally Posted by Jma12
Will they send you a cheque?
What is that???
LondonElite is offline  
Old Apr 13, 2018, 4:09 am
  #25  
 
Join Date: Nov 2016
Location: Berlin, TXL
Programs: OW Emerald, *A gold, Skyteam elite plus, Hilton gold, SPG gold
Posts: 339
well the name of the new investor for topbonus is AIRLOGIX LOYALTY GROUP LTD.

Just got an email with details of the restructuring of the program ( it is 109 pages).

does any one know who is AIRLOGIX LOYALTY GROUP LTD.,?
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Old Apr 13, 2018, 5:48 am
  #26  
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Probably some scam from Nigeria which is somehow legal in Germany.
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Old Apr 13, 2018, 7:29 am
  #27  
 
Join Date: Nov 2016
Location: Berlin, TXL
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Originally Posted by Concerto
Probably some scam from Nigeria which is somehow legal in Germany.
the company is based in Cyprus.. it could be Russian
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Old Apr 13, 2018, 8:02 am
  #28  
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Oh that really would not surprise me! I meant my comment in jest, to underline my current level of goodwill towards TopBonus and that whole mess.
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Old Apr 13, 2018, 9:10 am
  #29  
 
Join Date: Nov 2016
Location: Berlin, TXL
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Posts: 339
Originally Posted by Concerto
Oh that really would not surprise me! I meant my comment in jest, to underline my current level of goodwill towards TopBonus and that whole mess.
The offer seems legitimate. taking in to consideration that Topbonus was set up with a amazing figure of 400.00 Euros ( airberlin gave 120.00 Euros and Eithad 280.00 Euros) and this company is offering 2000000.00 Euros
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Old Apr 13, 2018, 1:28 pm
  #30  
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That's very interesting, I had no idea. All the same, I think TopBonus would be best off rebranding totally, or shutting down. I don't think they will have a huge loyalty base once all this is over. I feel for a lot of the posters here who have lost a lot more than me, There were some serious flyers and believers in the TB programme.
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Concerto is offline  


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