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Use caution when attempting to exit a timeshare

Discussion in 'Buying, Selling & Renting Timeshares' started by Miss Marty, Feb 21, 2019.

  1. Miss Marty

    Miss Marty TUG Member

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  2. Iggyearl

    Iggyearl TUG Member

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    There is a group of Missouri companies that seem to be interconnected by owners and directors. Wyndham has decided to target these guys in an attempt to push back on the "exit companies." https://tug2.net/news/wyndham-lawsuit.pdf

    I'm sure they are feeling the heat. :mad: Brian Scroggs and Vacation Consulting Services seem to be in the crosshairs.
     
    AwayWeGo likes this.
  3. RX8

    RX8 TUG Member

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    AwayWeGo and TUGBrian like this.
  4. webpatty

    webpatty Guest

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    I got screwed by VCS fraudsters. I've filed complaints with the Missouri and Florida attorney generals and the FTC. Does anyone know of a class action suit against these people?
     
    AwayWeGo likes this.
  5. STLBBB

    STLBBB Guest

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    Patty,

    I would also encourage you to file a complaint with BBB. I do not know of any class-action suits against VCS.

    If you are looking for a way out of your timeshare, BBB (and TUG) suggests you reach out to timeshare company to see if it has a deed-back or return program. These are becoming more popular among the big timeshare sales operations.

    There is a lot of information on TUG about exit strategies. Our office issued a study last year about the timeshare industry in Missouri, which includes information about exit strategies.
     
    AwayWeGo, RX8 and TUGBrian like this.
  6. webpatty

    webpatty Guest

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    I've already file a complaint with the BBB in Missouri. They keep insisting on being paid for doing nothing. They should be in jail for what they're doing. I'll check out the TUG study.
     
  7. LannyPC

    LannyPC TUG Member

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    That's why we here on TUG recommend reporting to the appropriate Attorney-General. Many here on TUG will tell you that filing a complaint with the BBB will accomplish nothing for you except for venting. The BBB has no authority or power to arrest or imprison these fraudsters. All that you've accomplished by filing a complaint with the BBB is that VCS will get a lower rating and maybe a bad rap. Once VCS gets an F rating, it will just likely shut down shop, reopen under another business name, possibly establish itself again with the BBB, and then continue to scam people again claiming it has an A rating with the BBB.
     
  8. Fredflintstone

    Fredflintstone TUG Member

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    Just stay away from Timeshare Cancellation Companies period.

    Many timeshare companies now have programs to get you out of your contract for a small fee. They have learned that not offering a reasonable way out for folks costs them money in the end. If people (especially those owners out of country) stop paying they can threaten all they want. They cannot touch out of country credit reports as they are domestic in nature, suing is fruitless due to jurisdiction nightmares, many states offer non judicial, anti deficiency rules rendering their charge more later useless and suing is just plain expensive anyway.

    They are realizing it’s better to negotiate than refuse an out and threaten.

    So, deal with them on your own.



    Sent from my iPad using Tapatalk
     
  9. OldGuy

    OldGuy Guest

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    STLBBB:

    Do you expect Stormy Point Village to clean up their act now that Pay Joyce/Summerwinds has sold it . . . or is he not out of the picture?

    Scammiest, sleaziest sales practices ever, even worse than Wastegate.
     

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