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Showing posts with the label Consumer Protection

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 ...

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 ...

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 Govern...

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 .

Timeshare Resellers are Lying to You: A Timeshare is NOT a Hedge Against Inflation

  Timeshare Resellers are Lying to You: A Timeshare is NOT a Hedge Against Inflation With inflation on the rise, we are seeing a worrying number of articles written to give the impression that timeshares are a “hedge over” or “beating” inflation. This is categorically not true. The basis of their argument is that with rising prices of hotel rooms, timeshare owners are getting savings on their timeshare when compared to booking costs today. This argument does sound appealing; however, the truth is more complicated than they lead you to believe. These articles claim that the maintenance fees will be less in a year then the actual cost getting a hotel room. These articles frequently will ignore the upfront cost as a factor and, booking restrictions mean sometimes substandard use or no use on a given year. The most important omission, is that maintenance fees usually also rise with inflation, making their whole point moot anyways.   The truth of all these articles is simple,...

The Deceptive Timeshare Sales Pitch

       Every prospective owner should always be aware of what kind of timeshare they are being sold. Contract prices and terms can be totally different for two buyers, even though they purchased at the same resort, on the same day. But one common feature is that what is said during the sales pitch usually doesn’t reflect the reality of the contract terms being signed. Timeshares are shrouded in restrictions and costs not readily apparent to the consumer, and typically have a much higher cost than simply booking the room online. They are pushed to consumers through deceptive presentations, often taking 4 to 6 hours that create stressful situations during what should be a relaxing vacation. Timeshare Differences While each case is different, there are two main types of Timeshares: Shared ‘Deeded’ Ownership : These represent ‘true’ Timeshares, in that the room is treated legally as a property owned by the resort condominium and a 1/52 nd interest (a week) is sold to ...

‘Secret Profits’: How Booking Companies Manufacture Restrictions on ‘Use Rights’

     As discussed in the previous article, “Booking Companies: How Neutral Are They?” , RCI and Interval International, work as an extension of the resorts. The parent corporation, Wyndham in RCI’s case (or Marriott Vacations Worldwide, for Interval International), directs new owners towards the seemingly third-party Booking Company to manage their Timeshare. However, owners soon find themselves buried under restrictions they never knew they had. Purchasers were originally told it would be anywhere, anytime bookings , but there can be fees they never knew to pay, with huge advanced booking requirements and artificial availability, when you could just book it today online. These restrictions are all carefully manufactured by the booking companies to turn a profit at the expense of the consumer. Upgrades      When a timeshare owner uses the booking company, they may glean actual benefit from them, perhaps for several years even, with legitimate bonuses and ad...

Booking Companies: How Neutral Are They?

     When one purchases a Timeshare, they are often directed by the resort to a booking company to properly make use of it. Companies like RCI and Interval International are seen as neutral parties, working through membership programs and providing access to resorts all around the world. But how neutral are they? Who owns them, and why? What is RCI?      RCI, formerly known as Resorts Condominiums International, is a vacation exchange membership program. By purchasing a subscription for their membership program, the consumer is provided the ability to find, price, and book usage for their timeshares. The services offered by RCI, or its main competitor, Interval International, are usually requested by the resorts in order to manage and book timeshares.      In theory, it sounds reasonable, so what’s the catch? What often goes unmentioned is how RCI operates. They claim to be independent from the resorts, offering their services on an unbiased ...

Tricks of the Trade: Clarifying the Timeshare Sales Pitch

     The Timeshare Industry thrives on deception, misdirection, and overwhelming pressure, they entrap consumers into high-pressure sales presentations. It’s imperative then for consumers to be informed of these situations, as to best prepare and avoid them if possible.      A recent story coming out of Las Vegas, Nevada, first reported by Channel 8 news, speaks of a family going through this process. They had purchased a timeshare in 1998, under Diamond Resorts. For a little over 20 years, they had few issues, however, their problems began in 2021. On advisement from the resort, they decided to upgrade their timeshare package. But instead of a better deal, they were dealt an extreme monthly fee and heavy restrictions on the use of their timeshare, realizing then that they were charged more per month than it was worth annually. What happened between then and now?      The confusion first began not in the conference room, but completely above...

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 ...