Timeshare relief is a service offered by legitimate timeshare exit companies to help owners get out of their unfavorable or unwanted timeshare contracts. These services offer a number of ways for timeshare owners to get out of their timeshares. Some of these services include helping the owner sell their timeshare, transfer their timeshare to another person, or even giving it away. It is important to choose a company that offers a variety of timeshare relief options and is not just focused on selling their own services. Choosing a company that only does one thing or is unresponsive to their customers will lead to frustration and loss of money.
Many people have been lured into buying a timeshare contract with promises of a vacation paradise that will last forever. However, due to financial or family issues, some people find themselves in a position where they no longer want or need the timeshare property and are looking for a way to get out of their lifetime contracts. Rather than simply selling their timeshare, some desperate owners turn to questionable or unscrupulous timeshare relief or timeshare exit businesses for assistance.
While some of these companies claim to be able to help a person get out of their timeshare, they rarely explain how they do this or provide any proof of their claims. Most often, these companies are merely acting as inventory recovery agents for timeshare developers trying to recover their inventory and are transferring the interest directly from the developer to a third party. Others simply give the timeshare away to someone without a credit score, circumventing the developer entirely, but this is often illegal.
Consumer complaints have exploded in recent years against Springfield-area timeshare exit companies, according to a study by the Better Business Bureau (BBB). In 2017, BBB received more than 700 complaints from consumers who paid thousands of dollars to these companies but did not receive their promised services or refunds. The average claim amount was more than $6,000.
A quality timeshare exit company will be licensed and regulated by the state. They will also have a staff of experienced attorneys who are well-versed in the law and the complexities of timeshare contracts. The firm will carefully review each individual case and determine the best course of action to get their client out of a timeshare contract.
Timeshare cancellation firms can be found all over the internet and social media. These companies typically pay a third party vendor for lead generation and spread their ads all over the internet to lure in as many people as possible. Usually these third party vendors are former timeshare salespeople or online influencers who are just trying to make a quick buck.
A quality timeshare company will take the time to explain each and every option that is available to their clients before they actually begin working on a plan of action. Whether they are looking for a timeshare exit, termination, settlement, or even bankruptcy assistance, they will take the time to explain all of the different options and how these strategies will work in their favor.