Timeshare cancellation doesn’t have to be as hard as a lot of people make it out to be. In most cases, you’ll hear experts talking about the necessity to pay unreasonable amounts to get your timeshare company to consider canceling your timeshare. However, as long as you have the right knowledge, this course of action will not necessarily be the norm.
But with so many companies offering to help you cancel your timeshare, which one should you use? Should you even consider one of these services? And what are the deeper, underlying details that nobody tells you about upfront. We’ll be delving deep into these and many other issues in the following.
Should You Choose a Company to Cancel Your Timeshare?
That’s a good question. With so many services out there promising to help you do just about anything, what’s the real benefit behind choosing a company for timeshare cancellation, instead of aiming to do all the work yourself?
It has to be said, first of all, that there are a lot of companies out there promising not only to cancel, but also to resell or redeem your property. These organizations aren’t always interested in helping you out, and in many cases, they’ll just promise success and then ask for a lot of fees. Redemption is not necessarily a guarantee when it comes to cancellation, and depending on the volatile market at the time, your interest may not be as significant as you’d think.
At the same time, most redemption and cancellation companies will typically just connect with the developer and aim to negotiate a fair deal. However, seeing as the contract you signed with the developer is legally binding, the company you’re asking help from can typically only offer you support through informal relations with resort companies. If you’re lucky enough to find someone who is close to the manager of your resort company, you might get a fair deal, however, it’s still a big gamble.
So What’s Left to Be Done?
Fortunately, the outlook when it comes to cancellation is not all that bleak. As said earlier, the contract you signed is legally binding, which means that the resort company has to play by the rules when faced with legal action. So, should you consider actually going to a lawyer for help?
The advantages of contacting a licensed attorney in this case are quite invaluable. Your lawyer will only be interested in serving you – his/her client – and you can rely on that loyalty, since his/her paycheck will depend on it. Also, a reliable local attorney will already know all about the most typical timeshare contracts that are around, and has likely dealt with plenty of similar cases in the past.
Basically, contacting a licensed, legal professional is your absolute best bet when it comes to canceling your timeshare. With the help of one of the best attorneys in your local area, timeshare cancellation won’t take too long, and you can be back to enjoying your life and managing your finances without the threat of your resort company bearing down on you.