Timeshare relief can be a very complicated process. Many people who signed up for a timeshare, thinking they were buying into future vacations only to find they are stuck in a never-ending cycle of high annual maintenance fees and special assessments, are looking for ways to get out of their contracts. Unfortunately, not all companies that claim to help these consumers are legitimate. There are some companies that have been around for only a few years and have already gone out of business or been unable to provide the service that they advertise. The best option is to work with a company that has been in the business for a long time and has been able to keep their customers happy by providing them with a guaranteed Timeshare Exit Solution.
If you are a Timeshare owner who is seeking relief, the first thing to understand is that there are no shortcuts or easy fixes. Getting out of a Timeshare contract is a process that takes commitment and dedication. Getting rid of a timeshare is not impossible, but it will take some effort on your part. There are also some scammers out there that are trying to take advantage of timeshare owners, so you need to be extra vigilant.
In the last several years, a growing number of companies have entered the market with claims to eliminate unwanted timeshare ownership. They offer to cancel your Timeshare contract for a fee and often promise a money back guarantee. In most cases, these companies are not licensed or regulated. They have little or no legal authority to cancel the contracts of timeshare owners, according to ARDA, the organization that represents most of the industry’s developers. In addition, they are not attorneys and cannot provide you with the legal protections that lawyers have to offer their clients.
There are law firms that specialize in helping Timeshare owners get out of their contracts, but these are few and far between. Many attorneys are ethically restricted from soliciting these types of cases, and those who do practice have a steep learning curve. Most of these law firms are small, sole proprietor businesses. One of the few large law firms that practices in this field is Timeshare Relief, a leading Timeshare Exit Solution firm.
A recent study by BBB revealed that several Springfield-area Timeshare Exit companies routinely used misleading, high pressure sales techniques to collect payments from trusting seniors across the country who ultimately receive little or nothing from these companies. Often, these companies fail to cancel the timeshare contracts of their paying customers, and they do not honor their written or oral promises of full refunds if they are unable to do so.
Many times these timeshare exit companies are able to lure people into their sales presentations by holding flashy events in hotel ballrooms, or they offer free lunches and dinners. Once these people are inside the presentation, they are typically swayed by promises of a guaranteed Timeshare Exit Solution that will remove them from their lifetime of annual maintenance fees and special assessments.