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RED FLAGS IN THE TIMESHARE EXIT PROCESS
PROPRIETARY PROCESS Any company claiming their entire timeshare exit process is “proprietary” and can’t be shared probably has something to hide. Exiting a timeshare does not require the use of black magic or secret incantations. It requires an extensive knowledge of the timeshare industry and its law applications backed by a solid company and a written agreement. Without this, the exit company could be engaging in risky and/or unlawful processes to end your timeshare ownership. Perhaps the most common mistake consumers make when looking for an exit company is they shop based on price alone. This puts consumers at the highest risk of getting scammed. Don’t fall for the line: “No need to worry about how we get you out—we have a 100% money back guarantee.” As discussed in the “The Money Back Guarantee Mirage” section of the Guide— that guarantee may be from an exit company that can’t honor it. Timeshare ownership is bound by a legal contract, yet most exit companies rely on non-attorney employees to contact the resort on your behalf with phone and letter writing campaigns. It seems logical that a settlement negotiation or discussion to end a legal contract is best carried out by an attorney hired to represent you and to act in your best interest. But timeshare exit companies and their “proprietary” services often defy this logic. Some exit companies will even lead their clients through the foreclosure
Even if your timeshare qualifies for a transfer of ownership, it’s best to have an attorney review the transaction or you could be at risk of entering into a “Viking Ship” scheme—another red flag in the Consumer’s Guide. Essentially, you can discover— even one to three years later—that your Quit Claim Deed was not valid and your timeshare is being transferred back into your name, along with all the unpaid maintenance fees. These are all reasons why working with an experienced and reputable timeshare exit company that outlines their services and offers individual legal representation is so important—you know exactly what is happening with your timeshare exit, every step of the way. This protects you from illegal exit practices and offers the best in timeshare exit service. process without the client being aware of what the exit company is doing or of the consequences. As opposed to a personal attorney who will represent you and protect your legal rights and choices. Any consideration to stop making timeshare payments should be discussed with legal counsel. I cannot stress this point enough. Make sure you are working with an experienced timeshare attorney—with whom you have a letter of representation—and who will clearly explain the potential risks and/or benefits of any timeshare exit strategy.
Need To End Your Timeshare Ownership? Call The Timeshare Exit Hotline At: (877) 323-9923
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