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Cancelling a timeshare can be a daunting task. Even if you are aware of your rights, you may not know how to proceed. It is important to research your options before you make any decisions, as there are several variables to consider. The first thing you should do is understand the basics of timeshare cancellation….
Deceptive sales practices are a serious problem for the industry. They have damaged the image of the industry as a whole. The Federal Trade Commission has found several cases where deceptive acts have been committed. These practices include misleading prices and savings claims, failure to disclose pertinent facts, and careless use of the word “free.”…
Getting out of a timeshare contract can be challenging. You may not have realized the extent of your financial obligations until you signed the contract. You may also have found out that the timeshare doesn’t live up to the sales presentation. In either case, you are left with a contract you can’t get out of….
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…
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…
A Timeshare Contract is a legal document that requires the parties involved to perform certain duties. When one party fails to meet any of the contractual obligations, a breach of the contract occurs. A contract breach might occur due to: What Happens After a Timeshare Contract Breach? When a Timeshare Contract breach occurs, the innocent…
Timeshares can be inconvenient. You might be considering letting your timeshare go into foreclosure if you’re making a monthly mortgage payment for a home you almost ever use, as well as exorbitant annual maintenance fees. Before you do so, think about how foreclosure can affect your credit score. A timeshare foreclosure, like home foreclosure, will…
Author: Mark Anderson 1. The Rescission Period. If you are still within your rescission period then you must follow the proper procedure and cancel it immediately, forever hold your peace. This is where most timeshare owners believed a phone call to the resort stating they wanted to cancel their timeshare was good enough. Unfortunately, phone…