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Top 10 Timeshare Fraud-Scams In 2023

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  The Timeshare Law Firm has secured lawful Timeshare Divestments for over 9000 consumers. However, Victims of the Con-Artists faced an 82% Fraud Rate in the aftermarket industry. Consumers seeking a legal timeshare divestment were faced with a daunting task, and we have yet to find a  legitimate  resale program where consumers actually make great profits, or an Exit Company (or even claimed ‘lawyer’ service companies) that is legitimate, as in real Lawyer-Client legal representation and lawsuits to back it up. Victims of Timeshare Fraud scams in literally thousands of these consumer reports, evidence deceptive tactics used to trick them. Below you will find a list of some common Fraud-Scams that timeshare victims have faced. If you are a victim of timeshare fraud, The Timeshare Law Firm has experience with over 9000 consumers that have successfully divested from their timeshare.  Give us a call at 321-224-1111 and ask to speak with us directly for a with a Consumer Protection Attorney
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How Timeshares Take Advantage of U.S. Military Personnel.

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  Most Timeshare Companies make their money by trapping normal people into contracts. These contracts will go on into perpetuity and will often not fulfill the desired service. Lots of “owners” decide they will not pay their mortgage, and/or their maintenance fees. This could severely harm their credit, but at least they wouldn’t be at risk of losing their job because of delinquent payments. According to  MillitaryMoney.com , a lot of jobs in the military require a certain level of security clearance to have accesses to classified information or sensitive materials. Delinquent debt can cause military personnel to lose security clearance as it can be considered a risk to national security. The government has to ensure that individuals with access to such information are trustworthy and do not have any financial troubles that may compromise their ability to protect classified information. Individuals who are unable to pay their debts on time may be more susceptible to financial pressure
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We Are Launching Class Action Lawsuits Against Many Major Timeshare Resorts.

  As a national law firm exclusively dedicated to timeshare law settlements and litigation, The Timeshare Law Firm is going to be filling class action cases against major timeshare resorts for mass violations of consumer laws. The Resorts failed to provide government-mandated warnings and advisories to protect purchasers at the time of sale, before they signed a contract. The resorts involved in the lawsuits include “Travel + Leisure Co.” (Formerly “Wyndham”); Holiday Inn Club (Silverleaf Resorts, Orange Lake); Hilton Grand Vacations (Diamond Resorts); Marriott (Sheraton, Vistana, Hyatt); Berkley Group (Vacation Village, Lando, Massanutten); Geoholiday / Sapphire Resorts; ResortCom (Villa Del Group, El Cid); Bluegreen Resorts; Capital Vacations; And Westgate. These lawsuits involve mass violation of Consumer Laws that were specifically designed by Government Regulators to protect Timeshare Purchasers at the time of sale, BEFORE they sign a contract, thus a failure to provide Government
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How Much Does Your Timeshare Actually Cost?

  It’s a Simple calculation, but very important for consumers to know that “ownership” of a timeshare can be 5 to 10 times more expensive. We have seen owners who are paying more than that and don’t realize how expensive it is until it is too late. So, we created a tool for you to find the true cost quickly. Simply add up (or estimate) your mortgage payments for 10 years of payments then add in 10 years of maintenance fees (because they go up, resort fees often average 1.5 of the original fee times 10 years)   10 years of all mortgage payments + all maintenance fees = about $ ____K   Estimate other costs, like Down Payments, Fees (like RCI dues or other booking related fees) paid over 10 years and then add them to the cost above for a  GRAND TOTAL COST = $____k   1 week =  6 nights x how many nights actually booked over 10 years =  ­­­­________ nights (Estimate future years based on past results)   Rough Cost  of the rooms actually booked in the past (look up online, often about $200-$
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Watch out Gen-Z, Timeshare companies are coming for you next.

  The timeshare industry has long been known for its aggressive sales tactics and outdated model. Despite this reputation, a recent report claims that the average age of today’s timeshare owner is a surprising 39 years old. But is this really a sign of a rejuvenated industry, or just clever marketing spin? We reported last year how the timeshare pitch claimed to be a hedge against inflation, despite being more in the long run then just booking the hotel room online. Marriot is now claiming to “embark on a multi-year imitative” they call Vacation Next. The goal is to appeal to Gen-Z before they have a chance to learn what the Timeshare industry  really  is. One of the biggest misconceptions about timeshares is that they are cost-effective in the long-term. While it may be said by sales reps that owning a timeshare can save money on booking rooms in better hotels with more space than a traditional hotel room, these benefits (even if they are true) are far outweighed by the exorbitant upf
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Our group forums allow you to ask us questions about your timeshare.

  Group forums are a great way for you to connect with others of similar interests. Sadly, when looking at the current offerings of other group forums, we have seen several bad actors who join or start groups with the goal of making money, whether or not they get people out of their timeshare. A lot of group forums that we have seen suffer from the same issues: Lax moderation, No engagement, and/or frequented or run by scammers in hopes you will pay money for fraudulent schemes. We wanted to change that. Our forums will allow you to ask questions and receive answers from by the licensed Attorneys at The Timeshare Law Firm. You can receive competent legal advisement from licensed attorneys skilled in timeshare law, so you can know your legal rights. What makes these other groups so attractive is the fact that there are a lot of real people [owners] in these groups who are actively asking questions alongside [surreptitious salespeople] bad faith actors. This allows the appearance of legi
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The FTC Urges victims of scams to report it.

The FTC has released a video urging the public to report scams if they have been a victim. The video breaks down how the FTC works, How they stop scammers, And why Your input is so important. The FTC is network of different information from different law enforcement groups (such as the SEC, FBI, and even the post office). These separate government entities report information to each other in a big law enforcement hub to build cases against the scammers and eventually go after them. This is how the FTC gains the information to stop the scammer, but where do you come in? Read the rest of the this story on our Website .
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