This is you previously asked us to remove it because we no longer have your personal information on our system; this can be due to a number of reasons including data protection legislation or. Then please give us a call on 01202 629798 if you aren’t able to login to the online portal. Certainly one of our agents will ask you some relevant questions regarding once you had been a client of ours. We shall you will need to match your information using what we could retrieve. Please be aware, in many cases we possibly may struggle to match sufficient consumer information to confirm your eligibility to vote, meaning you simply will not manage to vote in the Scheme.
Do i must vote?
It’s not necessary to vote in the Scheme. Nonetheless, we might encourage if you think you have a valid claim to make that you do, so that your views as an Amigo customer are represented, especially.
What are the results if i actually do maybe perhaps not vote in preference of the Scheme, or usually do not vote at all?
If it is approved if you either vote against the Scheme, or do not vote at all, you will still be able to submit a claim in the Scheme. You are allowing others to make the decision on your behalf regarding how your claim will be dealt with if you do not vote on the Scheme.
What are the results in the event that vote is unsuccessful?
In the event that Scheme will not get sufficient votes ‘for’, what this means is it’s not authorized by clients. Amigo will enter insolvency. Any redress claims of Amigo borrowers and guarantors is going to be classed as unsecured creditor quantities when you look at the insolvency. It’s extremely most most most likely that in a insolvency, unsecured creditors will get absolutely nothing. Voting ‘for’ the Scheme can help avoid this from taking place.
When will the Scheme meeting be held?
The Scheme conference (for the clients, previous and present, therefore the FOS) will undoubtedly be held practically by Video Conference on 12 might 2021 because of the ongoing Covid-19 pandemic. We estimate that the conference might take as much as five hours and can ask that you register in advance through our website if you wish to attend. That is to make sure we are able to give suitable access. Us know you wish to attend the meeting, you will be contacted with attendance details if you’ve let. You don’t need to wait the meeting to be able to vote. Voting can be achieved beforehand on our Scheme internet site.
Will the Scheme impact my loan repayments?
You will need to continue making repayments on your loan, whether or not the Scheme is authorized. The loan conditions and terms remain as consented if the loan had been applied for. The repayments you create and continue steadily to make will likely be factored in to the valuation of any legitimate Scheme claim that you might have.
What exactly is redress?
Redress is just re payment (money or a modification to your loan stability) which might be because of you for those who have a claim against Amigo since you are or have already been: a debtor that took out that loan from Amigo Loans Ltd (Amigo) which should not need been made since you could not manage to repay it; or even a guarantor for the Amigo loan and either: (a) that loan should not need been made; or (b) you ought not are accepted being a guarantor since you could maybe not manage to make repayments; or perhaps a borrower or a guarantor of a Amigo loan along with some other declare that might arise away from, or in regards to, an Amigo loan.
Do i have to make use of an adviser, referred to as a Claims Management Company (CMC), to assist me claim settlement?
No. The method is made to be easy for clients to perform and to ensure that there is absolutely no take advantage of utilizing a CMC. If you opt to make use of CMC, please make certain you realize the solutions these are generally providing and just how much their participation can cost you before agreeing to its solution. Significantly, your capability to help make a claim for money shall be increased if you vote ‘for’ the Scheme. You are allowing others to make the decision on your behalf if you choose not to vote.
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