We’ve had many enquiries about Timeshare Disposal Companies here at the Timeshare Advice Service.
Some are quite tough to answer as there seems to be a large quantity of these companies popping up now, but not many of them have been around for long enough to evaluate any results they have had.
At the Timeshare Advice Service we want to provide you with some guidelines on how to differentiate between the companies who are just out to scam you, and the ones who can actually help you dispose of your timeshare.
Beware of Cold Callers
Be wary with this approach. You also have to ask yourself how these companies managed to obtain your personal details in the first instance – are they working within the Data Protection Act?
We come across many examples of telemarketing companies that are cold calling timeshare owners and concentrating on certain resorts and clubs that have poor reputations. Some timeshare consumers have complained of receiving up to ten calls a day!
Simply ask yourself this, if they use unscrupulous methods to contact you, how will they treat you and you complicated timeshare contractual issues?
Timeshare Disposal Meetings
Be wary with this approach. Many of these meetings turn out to be about something else entirely, and disposal of your timeshare will barely be discussed, if at all.You also have to ask yourself how these companies managed to obtain your personal details in the first instance – are they honouring the Data Protection Act?
Many of these meetings turn out to be about something else entirely, and disposal of your timeshare will barely be discussed. We often hear from timeshare consumers that are introduced to holiday and leisure companies that are trying to sell ‘Leisure Credits’ and use timeshare ownerships as a reason to by into another product.
Be very careful when a disposal company wants you to purchase one of their products to sell on in the future in order for you to get your money back. These ‘investments’ are currently being promoted to timeshare owners in the form of Scottish log cabins as a means to get back compensation for mis-sold timeshares!
Be very wary about salesmen that want to visit you at your home, ask yourself this simple question, if you contacted a lawyer about an appointment, would he come round to your house? Always insist on visiting the registered offices of the company that you are considering using to dispose of your timeshare ownership.
Only ever use a legal company that employ lawyers or paralegals experienced and qualified in dealing with timeshare terminations. As proof you may like to ask to meet with or speak with the legal executive so that you can determine the authenticity and credibility of them.
Always ask for recent evidence of successful terminations that the company in question have achieved.
Advice on Offer
When considering the advice that you have been given it is always a very good idea to reflect on whether you have been given fair and balanced advice?
Do you feel that the company that you have been working with has endeavored to help you explore all aspects of terminating a timeshare contract? Or are they ‘One Trick Ponies’ with only their paid services on offer?
A fair legal company will listen to your concerns and endeavor to give you best advice based on your ownership and your personal circumstances.
The Cost of the Service
The Timeshare Advice Service has also had reports of Compensation Claims companies who are now offering timeshare disposal as an additional service.
These companies will also invite you to a meeting, in the UK or in Spain, with the pretence of discussing a Class Action Claim against your Holiday Club or resort, but in reality their intention is to sell you their timeshare disposal services at a considerable price. Companies who provide this service include Professional Services, Multi Claims among many others.
The first thing to consider here are your priorities concerning the outcome of your timeshare ownership. Are you simply looking for a Timeshare Termination Service? Do you feel that you have grounds based upon you being miss-sold a timeshare? Or in fact do you need advice and direction on both matters?
You may come across a Timeshare Disposal company while searching on the Internet. Make sure you are careful about what is discussed with a company you find once you’ve contacted them. Search the site to see how professional and balanced it is. Does the site look like it is simply trying to scare the timeshare consumer public into action? At this point you may chose to ask a representative if and when this service will cost any money?
In the first instance we at the Timeshare Advice Service listen to you and your situation. We then try to understand what your problems have been with your ownership and how best you would like to sort them out. We can then best advise you accordingly and ensure that you follow the most appropriate course of action with most relevant company available.
Should Timeshare Termination be the cheapest and most simple route available, we at the Timeshare Advice Service always recommend a experienced paralegal service that can negate the need to have to use a solicitors firm.
Do Your Homework
You may come across a Timeshare Disposal company while searching on the internet. Make sure you are careful about what is discussed with a company you find once you’ve contacted them.The sales representatives will be well versed on timeshare ownership and may try to use scare stories to pressurise you into paying for their service.One of the main scare stories involves perpetuity and your children being liable for your timeshare after you pass away. Always double check this in your timeshare contract.Although, in many timeshare cases, the contracts are in perpetuity there may be a clause which requires the company to buy back the timeshare in the event that the original owner dies.