Vacationers Scammed to Millions of Dollars to Timeshare Exit Businesses

in Legal Advice, Timeshare Complaints, Timeshare News, Timeshare Scams

Vacationers Scammed to Millions of Dollars to Timeshare Exit Businesses Article by ELIZABETH GARCIA AND JULIA CHERRY https://whnt.com/2019/06/08/vacationers-lose-millions-of-dollars-to-timeshare-exit-businesses/ Related article : A study in deceptive trade practices Hundreds of timeshare owners – from at least 46 states – have lost thousands of dollars each to timeshare exit businesses that set up operations in recent years in and around Springfield, Missouri. That is a key finding of a four-month Better Business Bureau investigation of the controversial industry by BBB Serving Eastern & Southwest Missouri & Southern Illinois. The results were published in a study entitled “Timeshare Exit Trap” (BBB.org/TimeShareExitStudy). The study highlights several cases where timeshare...

21 September

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THE TIMESHARE INDUSTRY – A STUDY IN DECEPTIVE TRADE PRACTICES

Posted by Geron Evanson

in Timeshare News

I. The Culture of the Timeshare Industry In a perfect, Platonian realm, the archetypical timeshare is not a bad thing. Not by a long shot. For example, you can vacation there only as often as you want. You share the cost of it with others, so it’s surely less expensive to maintain than say, a condo that you own outright. It’s already furnished and all decked out, so staying there is a turn-key proposition. And if it’s part of a resort network, you don’t have to go to the same old place year after year. No,...

23 August

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Timeshare Sales Tactics Target Elderly and Disabled

Posted by Geron Evanson

in Timeshare Complaints, Timeshare News, Timeshare Scams

Learn how Timeshare Sales Target Elderly and Disabled Of the many abuses of unscrupulous timeshare companies, preying on elderly consumers is one of the most loathsome. We learn of these traumatic circumstances far too often, when clients seek our assistance to cancel their timeshares. To best sketch that scenario, we will defer to some sage advice from a successful author to would-be writers. In his book, Secrets of Successful Fiction, author Robert Newton Peck advises writers to skip elaborating on the lush, sprawling beauty of the meadow in favor of showing the reader “… one butterfly landing on one bluet”. That same direction...

23 August

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Timeshare Resales: “Never Pay for a Promise”

Posted by Geron Evanson

in Timeshare News, Timeshare Scams

When looking to cancel your timeshare contract, timeshare resale companies will promise you everything that want to hear. What is a timeshare? Timeshares defined. That’s clear advice from none other than the Federal Trade Commission (FTC), and unfortunately “The Sunshine State” features plenty of shady timeshare characters with plenty of promises. That is especially true in the burgeoning vacation timeshare resale market. With the devastating real-estate melt down of 2007, many timeshare owners wanted to reduce their financial liabilities and sell their timeshares. Tied into a seemingly perpetual obligation with rising maintenance and exchange fees and little ownership value, sellers found this a...

timeshare scams Tag

Vacationers Scammed to Millions of Dollars to Timeshare Exit Businesses

THE TIMESHARE INDUSTRY – A STUDY IN DECEPTIVE TRADE PRACTICES

Timeshare Sales Tactics Target Elderly and Disabled

Timeshare Resales: “Never Pay for a Promise”