September 30

Timeshare Trap

This is part 1 of a 3 part series on https://myrtlebeachsc.com regarding traps used by the timeshare industry specific to Myrtle Beach, South Carolina.  Thank you to myrtlebeachsc.com for this insightful and important reporting. https://myrtlebeachsc.com/the-myrtle-beach-timeshare-trap/ For years in Myrtle Beach, South Carolina this is how part of the industry worked.  Units were bought by out.

September 9

Missouri Attorney General Goes After Timeshare Exit Company

Timeshare owners have allegedly lost $670,000 to timeshare exit company Vacation Consulting Services. The Attorney General in Missouri is now reporting at least 80 complaints about them. Special thanks to abcactionnews.com for their reporting: https://www.abcactionnews.com/money/consumer/taking-action-for-you/widow-in-largo-loses-thousands-to-timeshare-exit-company Owners — be wary of what these timeshare exit companies promise!  Many require an upfront fee and promise you the world.

June 20

Federal District Court Judge Rules Against Timeshare Exit Firm

“Mitchell Reed Sussman & Associates” and “Reed Hein” “The Timeshare Exit Team”  A federal judge in Florida recently ruled against a timeshare exit firm and company finding that their practices of collecting large upfront fees from timeshare owners and then not delivering on the promised service of getting the owners out of their timeshare obligation.