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Mar 22, 2024 · Fraudulent timeshare exit companies pretend to help time-share owners get out of their contracts or sell their time-shares, while taking their cash.
- The Problem. En español | "My parents purchased a timeshare more than 30 years ago,” began the email from Kim Seney, a recent retiree from Northern California.
- The Advice. The very first move, experts agree, is to check with the resort itself. When you call them up, don't talk to just anyone. Ask specifically for the person who handles “deed-backs” or “surrenders” — which is when you return your property to the company, maybe for a fee of a couple hundred dollars or so.
- The Outcome. To Seney's delight, she didn't have to jump through any of those hoops. She called the resort company, explained the situation and was told that, although there was no formal deed-back program, as long as she could send them her father's death certificate, they'd take it back.
Aug 15, 2023 · Understanding how timeshare contracts work and knowing the real and effective ways to get rid of a timeshare can protect you from timeshare exit scams and get that burden off your back at the same time.
If you have a timeshare but want to get out, timeshare exit scams are ready to take advantage of you! Learn how to avoid these tricks.
Top Timeshare Exit & Cancellation Scams in 2021. Scams are rampant in the timeshare exit and cancellation industry. Most timeshare exit scams involve a timeshare exit company telling a timeshare owner to stop paying their maintenance fees while the timeshare is in the process of being canceled.
How to Avoid Timeshare Exit Scams. By implementing these strategies and remaining cautious and informed, you can significantly reduce the risk of falling victim to timeshare exit scams and navigate your way towards a legitimate and satisfactory resolution. 1. Be Wary of Unsolicited Offers
People also ask
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Did you get robbed by a timeshare exit scam?
According to the FTC and the Wisconsin Attorney General, sales promotions and one-on-one pitches claiming the defendants will get people out of their timeshare contacts generally within a year or two and will recover 100% of the consumer’s timeshare purchase price – for a fee, of course.
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