Timeshare Relief Vermont

I am way above a minimum-wage earner. That is one of the reasons why I bought a timeshare in Vermont where I could enjoy skiing and snowboarding. And sometimes, I get to enjoy cycling around its cities where I shop for some stuff I could bring back home. It was one of the most wonderful experiences I had in Vermont. But not when the global recession started in 2008.
I asked myself? What should I be afraid of? I still can afford my timeshare maintenance fees. But then, goods and services were escalating. Month after month it became hard for me to budget my dough. So, I had to take some other business to compensate for my needs—like my timeshare.

Since when did a timeshare consider a need? Here it goes. So, the problem is your timeshare. And it’s making it hard for you both financially and emotionally. The timeshare organization has decided to increase timeshare’s maintenance fees. Maintenance fees are compulsory fees that are paid annually for the maintenance of your unit. Even if you are away for work, your vacation place will always be in good conditioned. You will not have to worry about water, electric and utility bills such as phone, cable, and the likes. But you just can’t get away with it. You have signed on a timeshare contract that you thought was a need. Then you’ll eventually feel that there’s no turning back.

Or maybe you can sell your timeshare Vermont. But here you are again faced with the dilemma that there’s no market who considers it as a need. Timeshare has no value at all. It’s not an investment. So why on earth would they buy it? There are only a few noted cases wherein a timeshare was successfully sold in a short span of time. But that short of time was not that short anyway.

Good thing there is Timeshare Relief Vermont. It was founded by Cindy Martin and David Macmillan who were also victims of timeshare promises. The said organization helps timeshare owners to get out of their unwanted timeshares. The organization values good relationship with the customers and the proper execution of all timeshare transfers made its way to be ranked no.318 in The Inc. 500. In a span of 5 years, it they were able to help many timeshare owners.

Despite all the timeshare problems that you have encountered, thank God, there is Timeshare Relief.

What if Your Timeshare Won’t Sell?

Reality check: It is really hard to resell a timeshare property. Lucky are those who were able to sell their timeshare properties. Even though they were not able to get profit, still they get away from the annual maintenance, taxes, and other fees required of them.

If you are one of the unfortunate ones whose resell timeshares have still not been sold, then you might want to consider the following things:

1. Donate your Timeshare

Even if you already spent a lot of money for your timeshare property, reselling it won’t also gain you profit. However, this can be a solution if you don’t want to spend more and more money paying for the annual fees. If you really want to get rid of your timeshare, then this may be the solution to it.

2. Rent your Timeshare

While you are still looking for more solutions of getting rid of your timeshare, you can rent it for the mean time. There are a lot of reputable companies who offer rental of timeshares. By this way, you will be able to save up money and search for more options and solutions.

3. Go for the Exit Solution

By this solution, your timeshare can be transferred and all the maintenance, taxes, and other fees required on your ownership of the property will be gone. There are many companies who offer you this kind of service. The service is also very cheap. If you are left with no choice, then, this is the least you can do.

St. Frances Timeshare Fraud

Barclays and GE Money were sued by a group of 300 people due to an alleged fraudulent timeshare investment scheme that costs £6 million of loans that they refused to cancel.

The money the group members borrowed were between £10,000 and £20,000 each to invest on timeshare points that they were promised they could exchange to luxury holidays on all the different places around the world. The timeshare investor responsible for this fraudulent scheme, which has since gone bust, that left about 2,500 people with promises and sizeable debts, is the St. Frances Marketing formally known as Easysave Finance Ltd.

St. Frances Marketing had made the sophisticated scheme that allowed customers to obtain loans from Barclay and GE Money during the sign-up process. St. Frances has been now placed in liquidation by the Trading Standards and other five former staff because of trading standards offenses and the two banks insisted on timeshare investors to pay their debts in full. The lawsuit that is filed in the High Court in London suggests that banks should cancel the loans made by the group members because it was taken out in concurrence with a fraudulent scheme. The group claims that the two banks acted as agents for St. Frances and should reimburse them as well as cancel the loans.

On a statement made by Barclays, they said that they are aware of the proceedings and will prove false of the claims of the group. GE Money also said that they will defend its position on the said lawsuit. The group demanded that the two banks should not give them negative credit ratings to other banks.

According to the scheme that St. Frances is offering, clients have the chance to travel to all the luxury resorts in the world by buying timeshare points. These include the places like Australia, Dominican Republic and other Mediterranean hotspots. The company guaranteed their buyers that they will buy back unused points and that the scheme is risk-free.

In a case study that was conducted, Sarah Barnes discovered St. Frances Marketing when she received a phone call from the company stating that she had won a holiday package. They were then introduced to a timeshare scheme that gave them luxury holidays and bought 60 timeshare points that costs £10,495. They signed a credit agreement with GE Money but as time passed by they had realized that they were duped. The interest was never paid and it amounted to about £14,000.