If you are in a situation where you believe you should refuse to pay timeshare maintenance fees – what should you do?
If you have an equity based timeshare, in which you have the right to a week in a particular month of the year, for example, you have the right to occupy the timeshare unit. The majority of these leases operate in the same way that leaseholders have to their landlord. With regards to timeshare, timeshare owners generally do not pay rent under the terms of the timeshare contract itself. However, they are obliged to abide by the terms of the timeshare contract.
It is imperative that the consumer challenges the debt and asks for provided information on how this amount of debt was accumulated.
If you experience a situation where your request has been denied by the resort/timeshare company, then any future plans to take the case to Court would have to be on hold until evidence was provided in full detail.
This might be a time consuming and arduous effort for the claimant, as there is a lot of substantial evidence needed in order to get the ball rolling, so to speak, when taking this issue to Court.
It’s worth noting that maintenance fees usually continue to mount up over time and the recovery procedures may also escalate, the ramifications can lead to a damaging credit rating as well as a visit from debt collectors.
As mentioned before, the whole situation and putting a case together with appropriate evidence can be a very stressful and unpleasant.
Therefore, if you are unable or refuse to pay your timeshare maintenance fees, or simply want to exit your timeshare, it’s worth bearing in mind that the sooner you start the process, the sooner you will have peace of mind, so please do not hesitate to get in touch. Alternatively, you can request a brochure which details our wide range of services.