Westgate Rescind -- Waiting for return of deposit and worrying

Got a call from Westgate today. "We are processing your cancelation request and would like to discuss..." I let it go to voicemail. :)
 
Got a call from Westgate today. "We are processing your cancelation request and would like to discuss..." I let it go to voicemail. :)


Well that's good. That means they received your rescission request and are legally obligated to honour it.
 
Well done...

Got a call from Westgate today. "We are processing your cancelation request and would like to discuss..." I let it go to voicemail. :)

Good job on not taking that call. You're looking only for rescission processing, not further "discussion". :clap:
 
I just wanted to let everyone know that I got a beautiful letter from Westgate today saying my timeshare agreement has been cancelled. Thanks to each of you for helping me get out of a big mistake!

I believe someone was tracking money saved by cancelled timeshares. Add $15,300 to the list.

Thanks again!

Jeff
 
I just wanted to let everyone know that I got a beautiful letter from Westgate today saying my timeshare agreement has been cancelled. Thanks to each of you for helping me get out of a big mistake!

I believe someone was tracking money saved by cancelled timeshares. Add $15,300 to the list.

Thanks again!

Jeff
firework-gif
 

Point blank, you have the legal right to rescind. You are protected by real estate laws, don't feel bad about anything even if the sales rep doesn't get paid (because commission isn't paid by the company until after the 1st monthly is due). I am about to post an Unofficial Q&A West Gate Thread so stay tuned.
 
Rescinding time share contract / deposit payment

So, I know the time limitation on my cancellation notification letter, but here is my question - the check that we wrote for the deposit/down payment has not get been presented to the bank, am I within my rights to stop payment on that, since the cancellation has been sent - or do I need to let it go through and then play the wait for the refund game?

THANKS
 
So, I know the time limitation on my cancellation notification letter, but here is my question - the check that we wrote for the deposit/down payment has not get been presented to the bank, am I within my rights to stop payment on that, since the cancellation has been sent - or do I need to let it go through and then play the wait for the refund game?

THANKS

People always indicate to dispute the charge for the deposit on a credit card, so I see no reason why you can't stop pay on the check.
 
Just got my deposit back

Well, happy to report that I have successfully rescinded Westgate in Orlando. I received my deposit less $50 which is probably for the II book and black binder.

Next, I plan to report the credit card lost so I can get a new card.


Thanks to everyone who participate in the forum here.
 
Rescinding time share contract / deposit payment

So, I know the time limitation on my cancellation notification letter, but here is my question - the check that we wrote for the deposit/down payment has not get been presented to the bank, am I within my rights to stop payment on that, since the cancellation has been sent - or do I need to let it go through and then play the wait for the refund game?

THANKS
Can I report my card and tell the bank I didn’t made that purchase will I get the money from the bank ??
 
Can I report my card and tell the bank I didn’t made that purchase will I get the money from the bank ??
Not necessarily. The credit card company will open a chargeback to the merchant. The merchant can then submit documentation to the credit card company to prove that you did make the purchase. You lose the dispute. Sometimes the credit card company will still give you the money back and eat the funds on their end. This is more likely if the amount of money is small.
 
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