The Timeshare Law Firm

When consumers look to purchase a Timeshare, they are naturally concerned with one major factor, the alleged savings. By owning a portion of the location, one is led to believe they are entitled to a discount on booking costs, included packages, and getting exclusive deals not normally offered to the public. This is far from the truth however, and Timeshares usually cost owners roughly 400-1000% more than a regular vacationer would pay to book the room or resort online.   Even the promise of ownership itself is a falsehood meant to appeal to the emotions of prospective consumers. Hidden Fees The theory behind the deception is a simple one, getting consumers to pay annually or even monthly for a property they may only utilize for one week out of the year. It begins in small increments, an affordable monthly payment that appears to be a fraction of the cost for a normal booking. What the resorts do not make clear is the high interest rates and additional charges of “maintenance fees”

Purchasing a timeshare is often done for logical reasons, whether it’s making use of the heavy discounts they offer, or a future investment interest. Unfortunately, the Timeshare industry knows how to manipulate their consumers, and all too frequently, owners find themselves trapped in a financial downfall that they can’t escape from. Timeshares are rarely ever sold to a consumer truthfully, and these deceptive business practices catch thousands of consumers unaware of the true costs and debt they are signing up for. Fortunately, there is a way out. Through a licensed Timeshare Attorney, you can properly cancel your timeshare contract, and safeguard your finances against the industry. “Just Stop Paying”               You may hear this argument frequently when it comes to divestment and cancellation, that resorts have no true authority over your finances, and that all it takes to clear yourself of the contract is to break it yourself and to simply stop paying. This is sadly not th

One of the main lines of thought that goes into purchasing a Timeshare is for genuine private use, a family wants a lovely resort they can plan an annual vacation around, bring the kids, and enjoy the week without a hassle. The Timeshare industry however, understands its consumers well, and often employs deceptive tactics in their contacts, none of which are more concerning than successor liability clauses. The idea of passing on your ownership of the resort to your children may be sound on paper, but in reality, creates a pitfall of debt that is passed on to your descendants. What is Successor Liability? In short, the clause exists to ensure that when the original owner passes, the contract is not voided. It is usually sold as the transfer of the property by means of will to your children, so that the property remains in the family. What is never mentioned is that the inheritor would also inherit the debt, maintenance fees, and any other charges the original owner was unable to pay of