Over the years, vacation ownership has been able to thrive because of aggressive expansion efforts and evolving membership programs that provide travelers with options. Above all else, a consistent emphasis on sales has given timeshare developers a tremendous advantage. But the booming of the industry hasn’t just impacted resort teams. It’s also padded the pockets of a 3rd party relief agencies and even a number of timeshare litigation attorneys. The amount of money that flows through this choice of vacationing is astonishing.
Although it may seem like an awful lot of buyers eventually want out of their contract, consumer appeal remains. Sales organizations know how to paint a pretty picture even if the product isn’t an exact match. If people knew how much capital was poured in acquiring fractional owners they’d be shocked. Millions of dollars are spent annually on advertising campaigns and strategic partnerships that focus on luring consumers in to make the purchase. Sadly, many buyers quickly realize timeshare developers don’t put the same level of emphasis on the customer experience. After being wowed during the presentation, many are left less than impressed.
There’s a reason an excessive amount of effort goes into building intrigue. Once the rescission period passes and buyers are locked into a perpetual agreement, timeshare companies can basically do as they please. This causes many new buyers to immediately seek out restitution if they feel as though they’ve been severely wronged. But most resorts don’t feel sorry for buyers that failed to read the contract they signed. In fact, they’re more interested in talking them into spending more in an attempt to make the purchase worthwhile.
Unhappy Timeshare Owners Rarely Know Where to Turn.
After buyers realize they’re only a small part of a large pool of dissatisfied owners, a sense of hopelessness begins to settle in. No matter what they read online, it’s difficult to tell what’s really true. The misleading statements and flat out lies they’ve already experienced have them feeling skeptical about anything and everything. Normally at the time of receiving their annual maintenance fees in the mail, regret resurfaces and the owner decides they’ve had enough. Researching timeshare litigation attorneys seems like a no brainer at this point.
If the timeshare property is rarely available and the costs continue to compile, many owners believe legal action is necessary. You can’t blame them when nothing they were promised transpires. They usually feel like they’ve been scammed by the resort so the trust is no longer there. It may also seem like everyone else that’s trying to “help” only wants their money too. Whether it be resale, exchange, transfer or cancellation companies, they’re all known to harass vacation owners with the same tactics that timeshare companies use. Owning a timeshare can be quite an overwhelming experience when you want to get out.
So hiring an attorney to litigate against the timeshare company is the best option, right? Well, don’t be so sure. Even though legally pursuing the timeshare may feel like the best option, it can easily turn into the worst case scenario. Since you might assume we’re a little bias towards cancellation, let’s take a look at three reasons why we believe this to be true.
Timeshare Litigation Drawback 1: An Uphill Legal Battle.
When it comes to battling the timeshare company in court, you have to realize the sales organization has a plan in place to protect themselves. You also have to realize their pockets are far deeper than yours are. Timeshare companies are more than willing to put excessive funds towards a defense. Unless you have an exceptional case against the timeshare company, your word against the executed purchase agreement will not be enough.
If you take the time to research consumer vs timeshare lawsuits, you’ll notice that a good amount of them are class action lawsuits. These include a number of victims with similar claims they’re able to prove. Not many people are able to successfully sue hospitality conglomerates on their own. The buyer’s acknowledgement of the purchase is evident in their signature. There isn’t much more the defendant (or timeshare company) would need to refute consumer claims.
Many timeshare companies record surveillance during contract signing sessions to prove buyers physically agreed. Even if they made promises that weren’t included in the actual deal, the odds are against you when you don’t possess evidence. Even if you really want payback, bringing a knife to a gunfight is a bad idea. You can save a lot of money by moving on and legally terminating your timeshare agreement with a reputable company.
Timeshare Litigation Drawback 2: Excessive Legal Costs.
If you’re thinking about hiring a few timeshare litigation attorneys to milk the resort for lying to you then you better have some serious cash lying around. In most cases, people in these situations don’t have this type of dough. Some had no business buying a timeshare in the first place. Believing they can fund a lawsuit after failing to review contract terms is flat out irresponsible. Many people don’t even realize how much hiring a lawyer costs or what it entails.
Litigation attorneys usually require hefty retainer fees (deposits) that go towards researching your claims and building your case. These retainers need to be constantly replenished as claimants proceed with an ongoing litigation. It’s kind of like taking your car to a mechanic to see what’s wrong with it. You have to pay the shop for the time it takes them to inspect the vehicle and list their concerns. You could end up spending thousands on potential issues before you even get to your initial concerns. An open ticket system allows them to control the transaction and maximize profits by fixing one thing at a time.
Timeshare litigation attorneys operate in a similar fashion. As they expend hours working on the case, the retainer account continuously needs to be replenished. Even if you stand no chance, there’s potential they could lead you on by dragging things out as they collect payments. The timeshare could also drag things out in an attempt to dry up your pockets. A majority of legal pursuits don’t ever reach court because financial resources are exhausted before the case was finalized. That’s an awful lot of work for nothing.
Timeshare Litigation Drawback 3: Nothing is Guaranteed.
It’s important to keep in mind that lawsuits are rarely predictable. Even some of the most cut and dry cases result in unfavorable outcomes for those wronged. You never know what the timeshare company could pull out of their back pocket to halt any type of momentum you’ve gained. In other words, none of the timeshare litigation attorneys in the world can guarantee a winning case. Unfortunately, many ambitious owners go through an enormous amount of stress burning through an excessive amount of money on something they could never prove. It can be devastating if the outcome isn’t favorable.
Losing a lawsuit after the purchase was already a setback can be detrimental to more than just the owner. Often times, when people pursue legal action, family members and friends give them bad advice and let them borrow money. The loss forces everyone to lose. Especially when the timeshare counter sues to recoup the money they spent on their own attorney’s fees. That’s an unsettling list of expenses, especially when the timeshare obligation remains.
Why Our Attorney Based Process is Superior to Litigation.
The self preserving craftiness of timeshare companies is the main reason we continue to fine tune the process we use to legally eliminate timeshare ownership. People considering the purchase are told a number of things that lead them to believe the product is more than it really is. The middle class suffers the most because they’re sold on something they feel like they can only dream of being able to afford. The lavish vacation lifestyle can be very misleading.
Disgruntled timeshare owners have to be able to put emotions and pride to the side in order to logically analyze their situation. Otherwise, it’s easy for revenge to dictate what makes the most sense. While some buyers have a good enough reason to call a few timeshare litigation attorneys, most don’t. Suing the resort requires a lot of evidence, patience, toughness, time and money.
If you’re not prepared to deliver on each of these, then just cancel the agreement already and move on. Even if the reputation of some timeshare exit services is questionable, we want you to know quality solutions do exist. To learn more about our company’s 100% satisfaction rating, you can schedule a free consultation or proceed with a qualification form below.