The Timeshare world is a murky one. One thing can look like another and some companies spend quite a bit of time and effort hiding their true identity or objectives. This is true not only for the timeshare resorts and sales companies but also the huge industry that has arisen around timeshare cancellation. There are many scams and fraudsters that occupy the timeshare cancellation industry and unfortunately many people haven’t realised this yet.
One common scam is for a timeshare cancellation company to be a front for timeshare sales. The way that this works is that you think that you are dealing with a reputable timeshare cancellation company but in fact what they will do is persuade you to buy another timeshare or another product under the premise that this will somehow magically get you out of your Timeshare. We call this “The Upsell Scam” as the whole aim of the company is not to get your out of your timeshare but to sell you something else.
Another scam is to hide fees and make things look free when they aren’t. Timeshare cancellation companies are often very good at making their services look free or low cost when in fact they are nothing but. There are a couple of ways that they can do this. First of all they can keep their fees low or free but then add on a load of “costs” for things such as taxes, court fees and so on which are often completely fictitious. The second way that they can do this is that they set up a series of different companies and the public facing company is technically free but then they pass you over to their sister or affiliated company who then does charge. Often the two companies are owned by the same people and the setup is simply a front so that they can genuinely say that the first company doesn’t charge.
A major problem is that you often don’t know who you are dealing with. Timeshare cancellation companies often have a whole series of different companies set up. They may have one company who is used to capture new clients. Then they may have another that gives the initial advice and assesses the case. Then they may have another that actually does the apparent cancellation. You have to ask yourself why they need such a structure. Why is their set up so complicated? What are they hiding? What advantage is it to them to do this? Generally speaking if there is an overly complicated structure with a series of different companies the people behind this structure have something to hide and are trying to pull the wool over your eyes. The more companies you have the more complicated and costly it is to run such an enterprise so there has to be some benefit to doing so and normally this is to hide something.
Furthermore there are internet forums designed specifically to make it look like they are independent and run for the benefit of timeshare owners when in fact the whole purpose behind them is to funnel readers and contributors to a particular company so that they can capture you as a client.
So what can you do to avoid being caught by the less scrupulous timeshare cancellation companies? We think that there are a few things that you can do to protect yourself. Here is our top ten tips;
If you would like to speak to a UK solicitor regulated by the Solicitors Regulation Authority that specialises in Timeshare issues then contact us
Disclaimer – International legal issues are a complex area of law and this information is no substitute for independent legal advice on an individual basis taking into consideration your personal circumstances and legal requirements. This information is provided to provide general information only and was correct at the time of publishing. The legal position in relation to international transactions can change frequently and this page may not have been updated following any changes in the law. You should therefore not rely on this information and should seek legal advice in relation to your personal circumstances.