Jun 20

What to watch out for…when dealing with timeshare exit companies

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You’ve just signed up for a timeshare or had one for years and now decide you want to get out of a timeshare agreement for multiple reasons – you were pressured into it, you did not realize that your children/grandchildren/great-grandchildren were going to be liable for the unpaid mortgage or maintenance fees, the yearly fees keep going up, etc.  What do you do?  You go online and do some research and call some timeshare exit companies that claim they can get you out of your timeshare but you have to pay an upfront fee that is tens of thousands of dollars.  And be very careful because some companies say they don’t charge an upfront fee because they have a “payment plan” (you pay before you get out) or an “escrow account” where they control the escrow company and when & how your money gets cashed in.  Not wanting to stick your present and future family members with a binding timeshare contract you may decide to cash out some of your retirement or borrow money to hire one of these timeshare cancellation companies.  Then what happens?  Nothing.

Think this scenario could never happen to you?  Unfortunately, it’s happening far too often today.  See this story posted on Yahoo Finance on June 13, 2019: https://finance.yahoo.com/news/wanted-timeshares-never-predicted-nightmare-160115904.html.

Almost always with these timeshare exit companies you are not dealing with real verifiable licensed lawyers.  You might end up dealing with the same salespeople that started out selling timeshares and now are trying to get your money again when you are most desperate for help.   Trust the Consumer Protection Attorneys at The Abrams Firm.

With over 15 years experience in consumer protection law focusing on timeshare divestment, The Abrams Firm will either get you out of your timeshare commitment with no upfront fee or litigate for you at a low total cost transparent flat fee against those resorts that are not allowing timeshare owners out of their contract for legitimate reasons.  And for timeshare divestment/cancellation clients, your settlement to relieve ownership and all obligations owed to the resort must come first before any fee is ever charged.