Peppertree Atlantic Beach I bankruptcy

[allsmiles277]

Has anyone considered the thought that they may take our money and not do the repairs? My husband and I were talking about this today. We still have great concerns that they are trying to get as much money out of us before they let the buildings be completely condemned. They claim in the letter that repairs have already began on the PABII buildings. Can anyone confirm this?

As of today Norstate is only working on Buildings 20-23 since the other permits have not been issued for 15-19 24, 25. The plans have been turned in but have not gotten approval yet. That is of right now. I hope this information will help you.

 

[Mulligan101]

As of today Norstate is only working on Buildings 20-23 since the other permits have not been issued for 15-19 24, 25. The plans have been turned in but have not gotten approval yet. That is of right now. I hope this information will help you.

Thank you for the update. I see that the amount of the special assessment has not been posted at the Festiva owner website; although they did post a copy of the letter we received regarding the repairs and special assessments.

 

[allsmiles277]

I also have the cell number for the person running the job at Peppertree for Norstate but I would not want to bother this person.

 

[allsmiles277]

In a little more than a month I will be down at Atlantic Beach for a few weeks and I will go by Peppertree and get a look at what has been repaired and hopefully report it back on this forum. It would be nice if all the repairs have been finished by the time I get down to the beach. I am not going to hold my breath.

 

[Kozman]

In a little more than a month I will be down at Atlantic Beach for a few weeks and I will go by Peppertree and get a look at what has been repaired and hopefully report it back on this forum. It would be nice if all the repairs have been finished by the time I get down to the beach. I am not going to hold my breath.

The only bright spot for me is that I own in Bld. 23 which is mentioned as being worked on. My week is at the end of April. Fingers crossed.

I still wonder why we need a special assessment since they have collected a large amount of maintenance fees while the resort is closed. What happened to that money? I bet Festiva didn't lose a pay check.

Thanks for the updates. Much appreciated.

 

[allsmiles277]

The only bright spot for me is that I own in Bld. 23 which is mentioned as being worked on. My week is at the end of April. Fingers crossed.

I still wonder why we need a special assessment since they have collected a large amount of maintenance fees while the resort is closed. What happened to that money? I bet Festiva didn't lose a pay check.

Thanks for the updates. Much appreciated.

I like to know what is going on so that is why I call the Inspection's Office, Norstate construction, and anybody who will communicate with me and be truthful with me. I have tried to keep forum members up to date as well as I can and give out phone numbers so they can also make calls if they don't believe what I am typing here. I am so disgusted with Board members and Festiva !!!! They are the lowest low beings on this earth !!!!

 

[allsmiles277]

Well......guess what......the permits for 15. 16, 17, 18, 19, 24, 25 have still not been issued. They are waiting their place in line to get approved. If they had submitted the plans earlier they may have gotten the other permits by now. This is another BIG mistake by Board members and Festiva. Apparently they don't care if you don't get to use your week this year. I would not count on using your week this year in the next month or so unless your unit is 20, 21, 22, 23 and then you still may not get those in the next month.

 

[allsmiles277]

I just talked with a very rude Peppertree representative about Buildings 20-23. I was told they are still working on them and no other information could be given. This is ridiculous. Everybody EXCEPT Peppertree representatives, The Board, and Festiva are being helpful. All of them need to be fired !!!

 

[allsmiles277]

Norstate Contracting Inc  
Home Builder
Address: 3520 Diamond Dr # D, Greenville, NC 27834
Phone252) 757-1814

 

[allsmiles277]

2527148176 Worth.....construction manager for Norstate at the Peppertree Atlantic Beach, NC site. I have not gotten any return calls from Worth so I am posting his cell number in case somebody else wants to try.

 

[allsmiles277]

Latest news on Peppertree Atlantic Beach NC.......nobody can give out information about repairs at Peppertree AB except The Inspection's Office since it is public record. The Board and Festiva have shut down any communication to owners. Don't expect anybody associated with Peppertree AB to give out any information. Owners have a right to get information but The Board and Festiva refuse to communicate to owners. I personally think this is the wrong way to handle this situation but when The Board members and Festiva lie to you repeatedly they cannot be trusted. The Board and Festiva should be ashamed of themselves.

 

[Mulligan101]

Latest news on Peppertree Atlantic Beach NC.......nobody can give out information about repairs at Peppertree AB except The Inspection's Office since it is public record. The Board and Festiva have shut down any communication to owners. Don't expect anybody associated with Peppertree AB to give out any information. Owners have a right to get information but The Board and Festiva refuse to communicate to owners. I personally think this is the wrong way to handle this situation but when The Board members and Festiva lie to you repeatedly they cannot be trusted. The Board and Festiva should be ashamed of themselves.

Do you suppose that bankruptcy is being considered? Since so many people did not pay their maintenance fees, I can't imagine why Peppertree and Festiva ithink they would be able to collect a special assessment.

 

[allsmiles277]

Do you suppose that bankruptcy is being considered? Since so many people did not pay their maintenance fees, I can't imagine why Peppertree and Festiva ithink they would be able to collect a special assessment.

Since The Board and Festiva continue to act like we don't exist I have no idea what they are up to. I think they have alienated many owners and the future is hard to predict with no concrete information.

 

[Kozman]

Do you suppose that bankruptcy is being considered? Since so many people did not pay their maintenance fees, I can't imagine why Peppertree and Festiva ithink they would be able to collect a special assessment.

Isn't there a way that owners can force them to open their books so we can see where our money has gone through legal pressure. They collected 5 months of MF's from last year and 12 (well from some) this year all the while the resort is closed! Now they want a special assessment? Did they use the money for Phase I demo? Is it all going to the lawyer? Why the need for a SA?

 

[NeedsAnswersPABII]

I honestly believe that our money has gone to pad someone's pocket. They certainly have not been maintaining our timeshares! There has got to be a way to take some legal action against these people. I cannot help but feel that there has been some sort of illegal activity going on here. It is hard to believe that this has turned into the nightmare that it has and that more people aren't angry about it!

 

[allsmiles277]

Doesn't the Board work for the owners ?

 

[RLS50]

The saga I have followed here really does seem like a horrific and obvious breach of fiduciary responsibility. The lack of communication now experienced by owners, on top of mismanagement of routine, ongoing maintenance is a classic example of just more of the same careless and poor management. I am not sure how you could even trust these people going forward based on the way they are handling this crisis...let alone the fact they seem to have caused it to begin with.

Is there not some way for owners to bring a class action suit against the board or Festiva? I have to believe there are more upset owners than just the handful that contribute to this thread?

Unfortunately this thread might be good for venting, but I doubt it will force any change in behavior.

 

[Iggyearl]

Festiva has A LOT of problems

http://raycomgroup.worldnow.com/sto...s-suit-against-national-resort-rental-company

It might pay to look at the company from a national viewpoint. In addition to this recent news in Loiusiana, they have the following resume' from other states:

2/16: Festiva settled with the AG in Tennessee, paying $3 Million in settlements, forgiveness and fines.

2/16: Festiva settled a lawsuit in Maine - allowing 800 Maine residents to modify terms of their contracts, and agreeing not to sell the Festiva Adventure Club in Maine for 3 years.

1/16: Festiva paid $286,144 in North Carolina (home state) for consumer refunds and is barred from marketing their product in North Carolina in person for 3 years.

2008: Festiva had to refund $324,000 in Missouri for false and misleading statements while selling timeshares in Branson.

Currently: Festiva is involved with a class action lawsuit at the former Celebration World Resort. The Finn Law Group asserts that owners who upgraded their contracts with former ownership were denied the upgraded allotments by Festiva.

I am not an owner in this situation, but if I was, I would be searching for others in the same situation, and contacting the AG in North Carolina. Best of luck to those that are.

 

[allsmiles277]

http://raycomgroup.worldnow.com/sto...s-suit-against-national-resort-rental-company

It might pay to look at the company from a national viewpoint. In addition to this recent news in Loiusiana, they have the following resume' from other states:

2/16: Festiva settled with the AG in Tennessee, paying $3 Million in settlements, forgiveness and fines.

2/16: Festiva settled a lawsuit in Maine - allowing 800 Maine residents to modify terms of their contracts, and agreeing not to sell the Festiva Adventure Club in Maine for 3 years.

1/16: Festiva paid $286,144 in North Carolina (home state) for consumer refunds and is barred from marketing their product in North Carolina in person for 3 years.

2008: Festiva had to refund $324,000 in Missouri for false and misleading statements while selling timeshares in Branson.

Currently: Festiva is involved with a class action lawsuit at the former Celebration World Resort. The Finn Law Group asserts that owners who upgraded their contracts with former ownership were denied the upgraded allotments by Festiva.

I am not an owner in this situation, but if I was, I would be searching for others in the same situation, and contacting the AG in South Carolina. Best of luck to those that are.

I was aware of things in other states because of this forum. I am sure they are so big that paying money to solve their problems is a way of life aka "a drop in the bucket". Boards and Management groups will continue to lie to owners because it is how they operate. It comes from the top and they deny that they know anything. Peppertree AB has operated like that for many years and I am sure the attorneys general in the State of North Carolina knew about this and Roy Cooper who is running for governor finally did something probably because he is running for governor. Politicians are in the same bed as Boards and Management Groups. Money money money !!!!

 

[NeedsAnswersPABII]

Even still... Has any of the owners at Peppertree Atlantic Beach that use this forum contacted the North Carolina Attorney General? If none of us has, maybe it's high time we do! Somebody needs to take a hard look at the practices that have taken place and find out exactly where all our money went! We've got to get the ball rolling somewhere! I'm tired of being taken advantage of and at this point, feeling like my money is being stolen by this company!!

 

[allsmiles277]

Even still... Has any of the owners at Peppertree Atlantic Beach that use this forum contacted the North Carolina Attorney General? If none of us has, maybe it's high time we do! Somebody needs to take a hard look at the practices that have taken place and find out exactly where all our money went! We've got to get the ball rolling somewhere! I'm tired of being taken advantage of and at this point, feeling like my money is being stolen by this company!!

If Festiva and The Board have given money to Roy Cooper's campaign fund you can forget him doing anything. Money talks and timeshare owners walk. Festiva and The Board have probably been told by their attorneys not to say anything to anybody. It is bad not to communicate to timeshare owners and very frustrating to the owners. I don't see this situation getting any better in the near future. Good luck with the current attorney general. He waited many years before helping points members who have been lied to for years and he would have to be blind not to have known many years ago.

 

[Kozman]

If Festiva and The Board have given money to Roy Cooper's campaign fund you can forget him doing anything. Money talks and timeshare owners walk. Festiva and The Board have probably been told by their attorneys not to say anything to anybody. It is bad not to communicate to timeshare owners and very frustrating to the owners. I don't see this situation getting any better in the near future. Good luck with the current attorney general. He waited many years before helping points members who have been lied to for years and he would have to be blind not to have known many years ago.

What if all owners filed a suit in NC small claims court? They would have to show up for every hearing and if they didn't there would be a default judgement. Thoughts?

 

[allsmiles277]

What if all owners filed a suit in NC small claims court? They would have to show up for every hearing and if they didn't there would be a default judgement. Thoughts?

Festiva has got too much money to handle anything that gets thrown at them. The owners will never get together on this because most people own only a week or two and it isn't worth the headache to pursue this and management companies know this. The laws for timeshares should be addressed so owners can't get screwed every time a management company is negligent as well at the Board representing HOA's. The Board at Peppertree is covering their derriere and could care less about any owners. They take advantage of timeshare owners because they are spread out in the USA as well as other countries. The Board and Festiva use this to their advantage. They do what they want and don't care about us. What can we really do ?? Probably nothing.

 

[NeedsAnswersPABII]

It doesn't cost much to file a suit in small claims court. I'm sure we would be willing to pursue this! We only own one week there, but we can't continue to afford paying them money for nothing. If we sit back and do nothing, none of this will change! Anybody else have any feelings or ideas about this?

 

[Mulligan101]

Update letter at Festiva website

I just saw that an update letter has been posted at the Festiva owner website. If you have not already seen it, here is the letter.

3/9/16

Dear Peppertree Atlantic Beach II HOA member,

We would like to take this opportunity to give you an update on the construction occurring at
Peppertree Atlantic Beach, phase 2 (PAB 2):

 Remaining engineered drawings have been completed and submitted to the Town of Atlantic Beach for review.
 Building permits for the remaining buildings have been applied for.
 New column installation has begun on buildings 20-23.
 All footers and ground level columns are complete. Footers have passed inspection.
 First and second level columns are scheduled to be complete by the end of the week.
 As of right now, the project is still on schedule.

Respectfully,
Your Board of Directors
Peppertree Atlantic Beach
715 West Fort Macon Road
P.O. Box 1068
Atlantic Beach, N.C. 28512
252-247-5841

I guess this is how we will receive our communications now, but this update still doesn't make me feel any better about losing my week and wondering how much we are expected to pay for the special assessment.