Our clients provide a number of reasons why they want to cancel their timeshare contracts. Clients frequently cite fraud as one of the most compelling reasons. They feel cheated each time they’re forced to make a maintenance payment or pay an assessment fee. When they read stories about timeshare developers that make a practice of fraud, they just want out.
The Consumer Financial Protection Bureau (CFPB), for example, has made many demands of Westgate. Westgate, a developer with dozens of properties in popular vacation destinations that include Orlando and Las Vegas, uses a variety of manipulative sales tactics to dupe people into purchasing timeshares. Sales reps at Westgate pressure people into paying $25,000 for the right to use a timeshare for 25 years. According to the CFPB, Westgate argues that people who were going to stay in a comparable hotel room over the same length of time would pay more than $80,000.
Unfortunately, Westgate practices provide a typical example of fraudulent misrepresentation and unethical sales practice that case many people to contact us. They want to cancel their timeshare contracts because they feel defrauded. Timeshare developers like Westgate don’t tell consumers the entire truth. The Consumer Financial Protection Bureau could argue that omitting facts from a sales presentation could be construed as fraud. Because people base decisions on what they believe to be true. If the developer misleads or omits to provide information that could influence a buying decision, the developer is fraudulently misrepresenting the product being sold.
Besides the $25,000 fee that Westgate charges for the timeshare, ongoing and escalating maintenance fees raise the total purchase price for consumers. When timeshare owners signed contracts under false pretenses or fraudulent misrepresentations, the consumers not only regret the purchase, they relive the pain each time they are forced to make a new payment.
For those reasons, people start the process to cancel timeshare contracts when they call 1-800-705-6856 to connect with our specialists at Timeshare Compliance.
We specialize in canceling timeshare contracts.