Timeshare Exit Companies Lose Motion to Dismiss

In another blow to Timeshare Exit Team and other exit companies, a federal judge in the Middle District of Florida, Orlando Division, has denied the defendant’s attempted motion to dismiss the lawsuits brought against them by Wyndham Vacation Ownership (WVO). Thank you to The American Resort Development Association – Resort Owners Coalition (ARDA-ROC) for this.. read more →

Timeshare Trap

This is part 1 of a 3 part series on https://myrtlebeachsc.com regarding traps used by the timeshare industry specific to Myrtle Beach, South Carolina.  Thank you to myrtlebeachsc.com for this insightful and important reporting. https://myrtlebeachsc.com/the-myrtle-beach-timeshare-trap/ For years in Myrtle Beach, South Carolina this is how part of the industry worked.  Units were bought by out.. read more →

How to avoid timeshare resale scams

The scammers prey on your desperation and tell you anything to get your money and never deliver. Thank you to WTMJ in Milwaukee, WI for this important reporting on timeshare resale scams: https://www.tmj4.com/call4action/how-to-avoid-timeshare-resale-scams They may ask you to pay a large upfront fee and not provide you with any legal documentation.  They may promise you they.. read more →

Better Business Bureau Warns of Timeshare Reselling Scam

It’s that time of year again and the Better Business Bureau has some tips on timeshare reselling cons: https://www.bbb.org/article/scams/16913-bbb-tip-5-top-vacation-scams-to-watch-when-making-summer-travel-plans Thank you to the Better Business Bureau for this important story. These scam artists are getting more and more aggressive with their tactics.  Do not fall for the scheme where you are asked to pay an.. read more →

Missouri Attorney General Goes After Timeshare Exit Company

Timeshare owners have allegedly lost $670,000 to timeshare exit company Vacation Consulting Services. The Attorney General in Missouri is now reporting at least 80 complaints about them. Special thanks to abcactionnews.com for their reporting: https://www.abcactionnews.com/money/consumer/taking-action-for-you/widow-in-largo-loses-thousands-to-timeshare-exit-company Owners — be wary of what these timeshare exit companies promise!  Many require an upfront fee and promise you the world.. read more →

Pennsylvania Attorney General Targets Timeshare Reseller

Thank you to Fox43 for this reporting Pennsylvania Attorney General Josh Shapiro has set his eyes on a timeshare reseller, Groupwise, Inc. and its former officers, Derek J. McGuire and Andrew J. Harkins, alleging violations of state consumer protection laws. https://fox43.com/2019/06/05/ag-shapiro-announces-lawsuit-against-former-mercer-county-timeshare-reseller-officers/ As of the publication of this article, Shapiro’s office has received 88 complaints against.. read more →

Another state goes after timeshare exit company

Thank you to the Arkansas Attorney General for their press release  https://www.arkansasag.gov/media-center/news-releases/rutledge-files-suit-against-company-selling-timeshare-exit-plans/ Arkansas Attorney General Leslie Rutledge and her office recently filed a consumer protection lawsuit against another timeshare exit company for alleged violations of the Arkansas Deceptive Trade Practices Act.  In their crosshairs are Bentonville company Real Travel, LLC and its owners Brian Scroggs.. read more →

Timeshare Exit Companies Oppose Consumer Friendly Legislation

It’s not shocking that large timeshare exit companies are now opposing legislation in states like Florida that would provide timeshare owners with protections including (but not all inclusive): Requiring written agreements prior to performing services Prohibiting exorbitant advance payments or requiring escrow of funds that serve as essentially an advance payment Prohibiting false and misleading.. read more →

Resorts Target Timeshare Exit Companies

It was just a matter of time. Major resorts like Diamond, Wyndham and Westgate are fighting back to put the timeshare exit industry out of business. These exit companies charge thousands of dollars in upfront fees and claim to be able to relieve timeshare owners of their associated financial obligations by means of settlement. But.. read more →

The Perfect Scam

The timeshare exit scam is getting more and more sophisticated.  The most recent ploy is to convince the timeshare owner that they have a potential buyer and all they need from the timeshare owner is money wired to the lawyer doing the closing on the property.  Many people, desperate to unload their timeshare for legitimate.. read more →

Federal District Court Judge Rules Against Timeshare Exit Firm

“Mitchell Reed Sussman & Associates” and “Reed Hein” “The Timeshare Exit Team” A federal judge in Florida recently ruled against a timeshare exit firm and company finding that their practices of collecting large upfront fees from timeshare owners and then not delivering on the promised service of getting the owners out of their timeshare obligation.. read more →

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

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.. read more →

Repeat Offenders in The Timeshare Resale Scam Market

For years, we’ve warned about scam artists who target the timeshare resale market.  Owners who no longer want their timeshares look to escape the never ending cycle of high maintenance fees and special assessments, only to find that the resale market is scarce.  When owners discover the timeshare they purchased as an “investment” actually holds.. read more →

The Dirty Dozen: Holiday Inn, Orange Lake, & Silverleaf – The Silverleaf Merger

Next on our list of the Timeshare Industry’s Worst Divestment Performers and a member of “The Dirty Dozen,” is the Holiday Inn—Orange Lake—Silverleaf trio of resorts. Once a privately held company out of Texas, Silverleaf grew into its own right as a multi-million multistate resort. At that time, Silverleaf operated a consumer-oriented business selling timeshares... read more →

Timeshare Divestment Ratings

With so much negative publicity on timeshare resorts and the hype surrounding certain resorts that refuse to negotiate or cancel burdensome and unwanted timeshares, we decided to take a look at the other side. There are resorts who understand that some timeshare owners face personal hardships, changed circumstances, or simply cannot handle the financial burdens.. read more →