billsanders
TUG Member
When I was interested in getting out of our timeshare contract with Royal Resorts (the subject of another post) I investigated one of the nationally advertised timeshare "exit" companies. As an attorney, I was wondering what the "deal" was; that is, how were these folks going to get us out of our timeshare contracts. Most of the timeshare resorts are not in the US and are not owned by American individuals or companies. The written timeshare agreements usually have a clause that says that the laws of the location of the resort apply....thus leaving most buyers/renters/owners with no resort to the substantive or procedural protections available under American law...such as through the Consumer Fraud Act in New Jersey. When I called the toll-free numbers, the folks who responded gave out little or no information as to "how" or "why" they were able to achieve results...which is understandable seeing as how they are in business and why would they "give" anything away? However, the up front payments that some demand are several thousands of dollars. At least one timeshare seller has fought back against some of the "exit teams" and had some success: https://www.prnewswire.com/news-rel...n-efforts-to-protect-customers-300846745.html . Some other of the "exit teams" advertise that they will not charge a fee unless they are successful in canceling your timeshare contract. My advice is to be very careful in dealing with the "exit teams", whichever one you choose.