Author: webmaster

I know this sounds cliché, but we really can stop timeshare scams. How do you ask? We make sure timeshare owners are so well informed they stop falling victims to these scams. When people become too smart to fall for scams the people and companies running those scams stop because there is no money to be made.On the one hand the problem is not as daunting as it may seem. After all, 90% of all timeshare owners are happy with their timeshares and are not looking to exit or cancel their timeshare. There are, however, over ten million timeshare owners.…

If timeshare ownership no longer fits  your vacation lifestyle, there are several ways for you to exit your timeshare, depending on your circumstances. When exploring your options, however, it’s important to understand the common mistakes some owners make so you can avoid them.   First off, before you even make your first timeshare purchase, you need to know your rights of rescission.  Timeshare rescission is a procedure created by state law that allows recent timeshare buyers to cancel a timeshare contract. Typically, the period for timeshare rescission ranges from three to fifteen days after signing the contract. Make sure to know…

Between January 2012 through December 2016, Jess Kinmont and John P. Wenz, Jr. operated Pro Timeshare Resales, a timeshare resale business. The defendants hired callers and developed scripts to target and defraud timeshare owners. Pro Timeshare Resales called timeshare owners and falsely claimed that Pro Timeshare Resales had a buyer or renter ready and willing to buy or rent their properties for a specific price. They also falsely promised the timeshares would sell quickly, sometimes stating a specific timeframe for the sale.  These representations and promises were false. In reality, they never sold a single timeshare interest during the five…

William O’Hanlon, a/k/a “Patrick Burns,” a/k/a “William Burns,” 60, and his wife Karen Stefanowski, 62, both from of Loxahatchee, Florida operated the companies WILLIAMS ANDREWS BURNS LLC, RESORT BNB, INC., and WILLIAMS & BURNS, INC. (collectively referred to as “WAB”)Both pleaded guilty to defrauding timeshare owners over the age of 55 out of their hard earned money. This was done using multiple scams, including:Falsely stating that the timeshare owners had “bonus” timeshare weeks which WAB would rent for them in return for an upfront fee.Falsely guaranteeing thousands of dollars in rental income for the timeshare owners.Offering fake collections/recovery services, offering…

Timeshare ownership does have a lifecycle for many owners.  While you have enjoyed the use of your timeshare, life circumstances can change, and timeshare ownership may no longer be a fit for you and your family.  When that happens, it makes sense to explore your exit options.  The option that you may be most familiar with is using a timeshare exit company to cancel your timeshare.  This article discusses both the positive and negative aspects of this option.  The Positive: You don’t have to do anything but make payments.  If you are looking to exit your timeshare, want nothing to do…

Aguilar and other members of a conspiracy contacted timeshare owners, claimed to be representatives of companies that were interested in purchasing timeshares, and offered to purchase their timeshares. To make their offers seem legitimate they would refer the timeshare owners to attorneys, who the conspirators indicated would represent the timeshare owners during the exit process. These attorneys were real licensed attorneys, whose names and identities were used without their knowledge or permission. The conspirators emailed purchase agreements on attorney letterhead to the timeshare owners that included the purchase price that the buyers were paying, stated that the buyer would pay any associated…

If you have been the victim of fraud by a timeshare exit company, you are not alone. Unfortunately, timeshare exit scams have become all too common, and thousands of consumers have been swindled out of hundreds of thousands of dollars.  If you find yourself in this situation, there are several things you should know and do immediately to prevent further financial damage.  Gather Your Documentation: Document all information and conversations you’ve had with the timeshare exit company. The more information you have, the easier it will be for state and federal agencies to help you resolve your situation.  Immediately Report the Timeshare Exit Company…

Like any  business, timeshare exit companies need to attract customers in order to make a profit. As the number of timeshare exit companies increases, many have become even more aggressive in their marketing and advertising.  While there are legitimate timeshare exit companies out there, some fraudulent exit companies have started a new scam by using a fake class action or court case to get timeshare owners to sign up for exit services.  Oftentimes, these timeshare exit companies attract you with a fraudulent ad and then take your money with no results. Here are the versions of this latest timeshare exit scam to be…

One timeshare exit option is to donate your timeshare to charity.  This is a wonderful way to support a cause and gives the charity multiple ways to benefit from your donation. It can also reduce your taxes by giving you a donation to deduct at the end of the year.   Here are a few things to think about when donating your timeshare to charity:  Make sure the charity you select will accept your donation: Not all charities will accept a timeshare as a donation.  If a charity does accept timeshares as a donation, they will usually require that any loans…

Giving your timeshare to a friend or family member gives them years – or even decades – of memories they will cherish forever. Those memories will always be connected to your incredible generosity.  If you would like to gift your timeshare to someone, here is a breakdown of things to consider as you prepare for the process:  Understanding the transfer process: Most timeshare companies will help you with the process of gifting your timeshare. You should contact your timeshare company to learn about their transfer process and the requirements that are associated with it.  Financial considerations for the new owner: The person…