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Re: Re: Vallarta Gardens Timeshare Scam (by KC):
Your FIRST step is to IMMEDIATELY write, sign and arrange for prompt delivery of a letter of rescission (cancellation). Don't bother with sending useless emails or making phone calls; they are both legally meaningless actions in rescinding a contract. Suggested language for your rescission letter follows:
"Exercising my rescission rights as provided by law, I / We hereby cancel the contract (fill in the blanks here with descriptive details, such as the property, contract number if applicable, date contract was executed, etc."). No reason or sob story is required; you are exercising a right provided by law. Everyone who signed the contract must also sign the rescission letter.
Do NOT cancel your credit card BEFORE completing the above from start to finish. If you put your deposit on a credit card, then the refund should be applied as a credit back to that same card (which is why you need to keep the card active for now). AFTER the rescission is fully completed and refund of your deposit is issued, THEN you can (and should) cancel the credit card to preclude the possibility of any future unauthorized charges.
P.S. Understand clearly that merely disputing a charge and/or cancelling a credit card does NOT cancel or invalidate a contract. Only lawfully cancelling the contract in writing, under signature and within the allotted time period (5 days in Mexico) actually cancels the contract. Deal with the credit card charge AFTER fully and lawfully completing the cancellation of the contract. Save copies of your rescission correspondence with its' proof of date; it may be necessary to support a credit charge dispute later (or to enlist PROFECO involvement, if necessary). Get hopping; you are almost out of time already and a late submission of contract rescission does not need to be acknowledged or processed at all. Tick Tock!