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If you’ve been thinking about canceling your timeshare, you’re not alone. Nearly 10 million American households own some form of timeshare. While some people are satisfied with their vacation home and their vacation lifestyle, others have fallen into debt and may need to sell. There are also unscrupulous companies that prey on this vulnerable population….
Getting out of a timeshare contract is not an easy task. Typically, a timeshare buyer has just three to seven days to cancel. The rescission period can vary from state to state. The number of days is usually mentioned in the sales agreement. It is important to know your rights and to check your state…
Getting out of a timeshare contract can be a difficult proposition. You’ll want to be sure to read up on the details of your contract and how to legally cancel your ownership. You can legally cancel your timeshare for many reasons. The first is your state’s timeshare law. You’ll also need to consider whether or…
Timeshare Contract Cancellation – How to Get Out of a Timeshare Contract Sometimes it can seem daunting to get out from under a timeshare contract. It is not as difficult as it seems. Timing is everything. It is best to consult a timeshare lawyer who can help you navigate the process. You can cancel a…
Hurricane Ian has caused millions of dollars in damages. These damages are not covered under standard maintenance and membership fees. These fees are called catastrophic loss assessments. These assessments are delivered to every timeshare owner in different forms. One of these forms is mandatory upgrades, 2nd is increase fees, and third individual assessment billed. If…
Learn About Timeshare Cancellation. Timeshare contracts can be considered binding legal documents, but this does not mean they are absolute or cannot be canceled. Just because the person selling you your timeshare says that the contract is binding forever. It does not mean the contract cannot ever be terminated. Many timeshare companies claim you cannot…
Many timeshare salespeople will say just about anything to get a sale —in fact, many are trained to tell lies! These misrepresentations are from the stories of real timeshare owners. Some of these may apply to your experience; if they do—you should include them in any complaint letter you write! Make sure you specify what…
The quick answer is, that if owners are successful with their disputes, their credit will not be affected at all—even if they’ve stopped paying on the timeshare at the beginning of the dispute. If the company decides to cancel the contract and issue a refund, there will be no adverse effect on the credit rating….