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Showing posts from August, 2022

Statute of Limitations

     When looking to cancel a Timeshare, consumers often find themselves fighting an uphill battle against the resorts. Debt collectors, threatened lawsuits, and false information overwhelms even the savviest of Timeshare owners, and it is easy to lose track of the most important details. The first and foremost among these being the Statute of Limitations, an absolute time limit on when one can challenge their contract in a court of law. It’s a race against the clock to litigate against the resorts, as a case can be dismissed if the Statute has passed the designated deadline. What is a Statute of Limitations      The statute of limitations dictates the maximum amount of time available to pursue a legal action, starting from the date of the alleged offense. In the context of Timeshares, the statute of limitations provides a timeframe by which an offended consumer can pursue litigation against their resort. The timeshare industry is well aware of these li...

Subsidiaries: Who Owns What

       The Timeshare Industry can be ruthless in its dealings, and often, consumers are thrust into a chaotic sales pitch before they even realize what is happening. In these whirlwind situations, it’s difficult to understand who you are truly dealing with, and to whom the contract belongs to.   Vacation real estate corporations use subsidiary shell companies to create different points of contact across the world. And while this information is in the open, the general public is often unaware of who is above or below the company they are currently signing on with, and most importantly, who to get in contact with when their deal has gone awry. It’s an integral part of their scam; misdirection—and should be among the first and foremost thoughts to consider when looking to free oneself from a Timeshare. The Timeshare Industry is Bigger than it Seems Almost every major hotel chain, no matter how localized, has a hand in the Timeshare industry. Smaller chains are ...

Reselling a Timeshare

       The Timeshare Industry is wrought with disinformation and secrecy, often seeking to entrap their consumers with false promises and deceptive contracts. But, once the fraud is uncovered, how does a Timeshare owner free themselves from their contract? The simple solution would be to just sell their Timeshare to someone else, but the Resorts are well-prepared for this route, and reselling a timeshare can be just as worrisome as purchasing one. Why Resell?      There are several reasons why an owner may consider reselling the Timeshare instead of pursuing legal divestment, the first among these is convenience. When an owner first learns that they have made a costly mistake, they scramble to be rid of their timeshare as quickly as possible. Litigation takes time, money, and unlike Fraud companies that “guarantee” success, you must be able to win in court to succeed. Consumers who have just learned that they have been scammed are reluctant to pay ...