Category: Timeshare

Fee -based timeshare claims are the latest focus of the Federal Trade Commission (FTC). The FTC is concerned about how businesses are presenting their fee-based offers for consumers to claim alleged refundable fees paid on now-defunct timeshares.

The agency says it has reached several settlements with marketers of these claims, including four that agreed to a total of more than $6.5 million in judgments.

“These schemes are illegal, and the FTC will continue to take action against them,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “We’re especially concerned about offers that require consumers to pay a fee before they can get their money back.”

The agency has received hundreds of complaints from consumers because of the difficulty in canceling and getting refunds after signing up.

What makes a timeshare claim a fee-based offer?

A fee-based offer is simply an offer that requires payment of a fee up front in order to get a refund or benefit later. The most typical examples include offers that require consumers to pay some kind of processing or registration fee before they can receive their money back. According to the FTC, such offers:

• Are not authorized by any law or regulation.
• Cannot be made to anyone receiving, investigating, settling, or participating in a timeshare claim; and
• Cannot be made to those who have already filed a claim on the same timeshare.

Luring consumers with false promise of refunds

The FTC has specific language that marketers cannot use when advertising their refundable fee offers. These include phrases such as “guaranteed,” “no risk,” and “act now.” The language must also disclose that the consumer is not required to pay a fee to file a claim or get a refund.

In many cases, the FTC says, the marketers of these schemes make false promises that consumers will receive a full refund of all monies paid. They also often fail to disclose significant terms and conditions, including the fact that the consumer may be required to forfeit the entire fee if they cancel their participation in the scheme.

How do I protect myself?

If you are considering an offer that requires payment of a fee before you receive your money back, do not respond. It is likely to be a scam.

If you are considering responding to an offer that requires payment of a fee before you can get your money back, don’t do it! If the offer sounds too good to be true, it probably is. Be leery of any offer with language like”no risk,” “guaranteed” or “100% satisfaction guaranteed.”

Don’t be fooled by false promises of refunds in fee-based offers. Remember, always read the offer carefully before responding and never pay a fee upfront to get a refund.

In addition, learn more about the FTC’s refund rules.

Where do I complain?

The FTC wants to hear from you if you get a fee-based offer for your timeshare. Report it at ftc.gov/complaint . Be sure to include all relevant details, including:

• The name of the company offering the scheme;
• How the company contacted you;
• What the offer was for;
• How much money you paid the company; and
• The contact information for the company.

If you feel like you’ve been scammed, file a complaint with the FTC.

When you are stuck with paying endless maintenance fees then you know you must put a stop to it sooner rather than later. The next step would be to find the right people to solve this problem like the lawyers of Praetorian Legal. They would educate you on the process of timeshare termination so that you know the upcoming steps that you would need to take. Surely, this is not a process that is fast as this will take at least several months. As a result, you must be patient for your timeshare lawyer to update you regarding the case that you have right now. After all, it is your counsel’s job to see that you are getting the fair share of the deal. There will come a time when you will think that is not really the case right there but the truth is they are working hard night in and night out for each and every one of their clients. Claim Experts 4u is another company you would want to get in touch with because they’ve proven that they are indeed the real deal. They’ve helped a lot of people and they look forward to helping a lot more in the near future.

Timeshare termination has become a lot different during the COVID-19 era. It is indeed possible you will need to consult with your lawyer online and see where it goes. Initially, you won’t think too much of the maintenance fees but once you realize that you really won’t benefit much from it then you know you must get rid of it one way or the other. Don’t worry though since all things come to an end so better talk to one of the professionals of Missold Claims Assist today and they feel a bit excited to help you. Right now, it may not look that way but when they focus on the task they know what needs to be done in order to give you the refund for all that money that you burned for the timeshare company. Getting it back is such a relief.

When the timeshare termination is all but over you must accept the fact that you made a mistake there. As a result, you would want to just look forward to better decisions in the future. Yes, it would go to show how much you’ve been wanting to do it more for you like in the future. There will always be time for everyone when the sales agent wants to make a good sales pitch. When he is good, you will be blinded by the real consequences of this decision. It is always a pain to realize that the maintenance fees you are paying for just keeps on getting bigger and bigger each year. Just when you think it is not going to stop, it will go on and on until the end of time. As a result, you will feel a bit frustrated and wonder what the hell you got yourself into.

If you are a timeshare contract, there is a huge possibility your investment is a member of Arda. The last thing you would want to happen is to get bashed because of a few things that you did wrong. There are a lot of lawyers who will claim you will get back what you invested. During these times, it would be hard to believe that considering you will be paying them too. Better consult with the right people in order to get the upper hand in this situation so that you can look forward to a bright future way ahead of you.

Coalition of Responsible Exit

This is the group that is going to help you in the best way possible for a proper Arda Timeshare exit. It won’t let you down so you must consult with them as soon as possible regarding what you can do next. It won’t be long before you can find someone you can trust and you will be getting what is rightfully yours. All that time of falling in line and waiting to talk to the right person would be worth it. After all, you would be instructed on what you will do and the requirements that you will need to bring. You must follow them because they would want nothing more than to help you in the situation that you are currently in right now so that you would get back all the money you invested in the property that you thought you will benefit from.

ARDA Networking Events

ARDA is short for American Resort Development Association and they get together for an epic event each year in order to celebrate the achievements and what they are setting out to do in the future. It won’t be long before you would want to be a part of this and that is actually possible. It would feel great to go there and eat delicious food and meet other people who share the same point of view. Thus, better go there prepared and bring a ton of business card which would make you exchange with a lot of other people on the way. When that happens, you would even want to meet a lot more people while you are in the mood of doing so. There will come a time when you get too tired to talk to anybody in the crowded room.

There is nothing like maintaining the good reputation you have right now by exiting your Arda timeshare legally. You would not want to run away from it and expect them to totally forget about the time when you made an investment that you thought would be worth your while. It turns out that you would regret it later on and you would want to do other things on your free time. You would even have a hard time booking on peak season since they would your investment and save those dates for their staff members who would come there at a time.