TUGBrian
Administrator
and as always, our advice stands. never ever pay a large upfront fee to sell/rent/exit/cancel/whatever your timeshare:
Acting AG Files Lawsuit Against Company Offering Timeshare Rental Services that Allegedly Defrauded Consumers
Acting Attorney General Andrew J. Bruck and the Division of Consumer Affairs today announced the filing of a lawsuit in Essex County Superior Court against a New Jersey company and its owner for allegedly defrauding consumers who paid thousands of dollars each for timeshare rental and resale...
www.rlsmedia.com
The five-count Complaint alleges defendants collected payments in advance from consumers, in amounts ranging from $594 to $2,899, in exchange for the company’s promise to rent or resell their timeshares and provide thousands of dollars in guaranteed income or provide a full refund.
However, the Division has been unable to identify a single consumer who received any rental or sale income, and most clients seeking refunds never received their money back.