The Timeshare Law Firm

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 ...

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...