More Lawsuits Filed Against Timeshare Resale Companies

Over the last two and a half years, the timeshare community has felt a traumatic experience when the money they paid for timeshare reselling companies to help in the reselling process are not refunded.

These timeshare reselling companies have been pretty harsh to timeshare owners in terms of offering options in getting rid of their timeshares. Their hard selling tactics directly influenced timeshare owners to pay upfront fees in the hope of losing their units completely. Sad to say, it the other way around and these companies refused to give back the upfront fees paid.

As a result, more and more timeshare owners file complaints in their respective Attorney General Offices. According to the Attorney General of Florida, the number of cases is getting higher and higher that it outnumbered the complaints filed in the mortgage aspect. Attorney Generals continue to note the resale companies who are deliberately continuing their unsound business practices.

Better Business Bureau (BBB) has also been doing its part as they rate the business practices of these timeshare resale companies. F rating is given to companies that make use of unethical ways and methods in forcing owners to sign up the contract. For those interested with timeshares, you may locate BBB’s website to identify which companies have malpracticed business ethics.

Even if you the company was not able to dig up some cash from you, as long as they have employed and committed to some hard selling schemes on you, you still should complain about this so others would also know and be likewise protected.

Timeshare resale companies were charged in those unlawful cases and asked to repay back the owners. Federal courts obliged them to stop further their dirty selling ventures on timeshare owners and put on hold those empty promises. There are still companies that are under the surveillance of BBB.

The reason why timeshare owners result to these offers is because they do not know who to contact and where to go just so they can unload their timeshares. Reselling the unit may be an option to totally forget about paying those dues. But there is another way in which the title of your unit is being transferred. Timeshare Relief has been doing it and more and more timeshare owners around the world are availing of this service.