(openPR) Three months ago, the vacations booked by hundreds of thousands of vacationers fell through: FTI, the third largest German travel group, filed for bankruptcy. Most FTI customers are still waiting for compensation. Now the insolvency proceedings have been opened by the Munich District Court on September 2, 2024. Creditors can now register their claims in the insolvency proceedings with the help of McJustice (www.mcjustice.de).
The insolvency administrator of both companies, lawyer Axel Bierbach, assumes that there are 350,000 creditors at home and abroad.
As part of the insolvency proceedings, 700 employees have already been laid off. Numerous jobs have been secured through sales.
FTI Touristik and its subsidiary BigXtra currently have debts of more than one billion euros to their creditors. The majority are package holidaymakers, around 2,000 to 3,000 hotels and travel agents.
However, filing a claim can still be worthwhile, as at least a certain percentage can be expected.
While customers with package tours receive at least a portion of their compensation from the guarantee fund, individual travelers must claim their entire damages themselves by submitting a claim.
In the case of package tours, only the difference between the payment from the guarantee fund and the actual damage must be reported to the table.
But in any case, the costs of filing a claim are ultimately decisive in determining how much the individual creditor is left with. This is where the new McJustice portal can help. The costs are a flat rate of 149.00 euros and are independent of the value in dispute (damage to the customer). In addition, the creditor receives his respective share from FTI Touristik or BigXtra Touristik directly into his own bank account.
By using McJustice, the damage can be further minimized in the event of insolvency of FTI or BigXtra Touristik.
Interested creditors can find out more at www.mcjustice.de . On the site, creditors will also find all the necessary data from the insolvency that is required for registration.
