Elder Abuse in Timeshare Fiasco
A Sad, Familiar Story
Edward is an Army veteran and Florida resident. Between 2012 and 2017, he and his wife, Margaret, purchased Wyndham timeshare points on six separate occasions in six locations. After their initial purchase, each time they bought more points to “solve a problem”. At each location, the Wyndham sales representative upsold points with all-too-familiar misrepresentations:
- Buy more points, get more availability
- Resell to recoup “investment”
- Deeded property pushed by the sales representative at Hawaii location
- Deeded property points bring higher maintenance fees – traded for new points
Greater number of points yields greater benefits
“We ended up paying more and more money to fix a situation that never improved.”
Each sales representative deceived Edward and Margaret, traded points around and upsold more points without regard for their wellbeing. They now are saddled with debt, anxiety, rising blood pressure, failing health and immeasurable frustration.
What is elder abuse?
Elder abuse can be physical, emotional, financial and more. It’s best defined by the Centers for Disease Control:
Elder abuse is an intentional act, or failure to act, by a caregiver or another person in a relationship involving an expectation of trust that causes or creates a risk of harm to an older adult. (defined as someone age 60 or older).
Timeshare Sales Lies and Deception
Whether at Wyndham or any of the other multi-billion-dollar timeshare companies, sales representatives often ingratiate themselves to create connections with prospects. Initially, Edward and Margaret felt a sense of trust, only to later learn that they had been taken advantage of and fed many lies about timeshare investment value, salability and points value. To their credit, Wyndham is reviewing their contracts and situation, but so many misled elders simply do not know how to handle their timeshare burdens.
Have you or someone you know endured financial type of elder abuse?
Our ethical team of CancelTimeshare attorneys will help you cancel your burdensome timeshare.
Please call 407-439-0868 or email us today for your FREE legal consultation.