Mexican timeshares

[shiloh18]

Hi.

This may sound redundant, for which I apologize.

Has anyone appealed to Profeco in a case in which a Mexican company, like one in Cancun, refuses to acknowledge that a contract has been terminated although a letter was submitted within the contractual period?

Can the Mexican company come after the so-called owner in U.S. court? How often has that happened? Would they send the drug cartel after the person?



Is it worth using a U.S. lawyer at least to get a little protection by filing a letter stipulating that the contract was cancelled?

The down payment may be lost for good, but I'd rather take some action and get out of the contract since that Mexican company wants to make a sweet deal in which the down payment would be applied to a cheaper contract, over 20 years. However, I'm not interested in taking that bait.

I have been lying low and waiting to see what the company would do, but the Mexican company has offered me a deal that would involve at least $5,000 to $10,000 additional payments over 20 years, which I'm not interested in.

I am aware of massive corruption in Mexico, so I'm not sure if Profeco can do anything, and I would waste money or time going down to Mexico to pursue the matter.

Therefore, back to my original question:

Is it worth contacting Profeco, in addition to using my lawyer here, or do you think it would be a risky move that might exacerbate the situation?

Thank you.



shiloh18

 

[Passepartout]

You should absolutely appeal to Profeco. Look in the 'Mexico' forum stickies under 'knowing your rights....' The Profeco contacts are there as well as various testamonials from users. From what you said, you have copies of rescission letters, contract and the likes. Copy them and prepare to send them to Profeco. If you can show that you DID rescind within the allowed time, it should be easy to cancel the conTract and get your down payment back.

They won't send a 'drug cartel' to get you, but if you don't pay a legal contract that you signed, they will send it to collection.

What took you so long?

Jim Ricks

 

[pjrose]

Yes, it is definitely worth contacting Profeco. We rarely hear back from those with issues like yours, but occasionally someone will post months later with the good news that Profeco helped.

Search this forum for Profeco and you'll find a few examples.

PJ

 

[Passepartout]

This OP was given the above info on Sept 13. Did he follow through? Sorry I didn't check before repeating myself.

Jim