Getting out of a timeshare contract can be a difficult task. It’s important to know what to do and when. For instance, if you don’t make your maintenance payments, you may damage your credit and cause huge bills. In addition, if you default on your payments, your timeshare will be foreclosed on.
One option is to hire a timeshare exit company. These companies are experts in timeshare law. They can offer you a wide range of services. They can help you write an effective cancellation letter, negotiate your case in court, and provide you with post-termination negotiations.
Some of these companies will advertise on the Internet and on the radio. They will claim that you were lied to when you purchased your timeshare. They will then try to negotiate a deed-back of your timeshare. Then, they will pocket the proceeds.
Another option is to work with a lawyer. Some of these attorneys will charge flat fees or offer you a guarantee. If you choose this option, beware of inexperienced attorneys. They might not offer a guarantee.
The Newton Group has worked with thousands of timeshare owners to help them get out of their contracts. Their website provides testimonials and information about their 5-step process. They also offer a free quote. They also have an affiliate relationship with several reputable business groups.
When you are looking for a timeshare exit company, avoid companies that have poor BBB ratings or that don’t have a rating. Also, be wary of companies that require an up-front fee.