Post reply

We Collect Timeshares, LLC (by R P.):

fk13 wrote:

This afternoon I attended a meeting with a similiar company called "Out 0f Timeshare, Inc." Their fee is less. However, I still don't know if they will really transfer my name out of the deed, after I pay them the money upfront. I have to sigh all the contracts, but none of them had to sign anything. I am afraid that a few years later, I still will get a bill from the resort, because they did not take my name out of the deed. What could I do to them when that happens?

I tried to donate my week. No one takes it because it is a Jan week. It is not easy to just give it away, and I am stuck with the high maintainance fee.

Did anyone actually get out of their timeshare by paying these companies? someone told me that I could still be stuck with the bills because they may not follow through what they promised.

What you need to do is continually phone the resort to find out if the deed has been changed out of your name. It may take a few weeks for this to occur.

Yes, people have actually gotten out of timeshare ownership by dealing with those types of companies, but they pay a high price to do so, however the owners are then totally free from their timeshare responsibilities.

It's people like you that turn to those companies when they have tried every way possible to get rid of their timeshare including trying to sell it, trying to give it to charity and trying to give it away with no success. You have come to the end of your rope with ever rising maintenance fees to be paid every year in the future unless you rid yourself of that albatross.

In a case like yours, I do see a need for those types of companies, although I don't condone how much they charge, but they are then responsible for all future maintenance fees and possible special assessments of the week they took off your hands.

Bottom line is to make sure the deed is out of your name, but give it a few weeks.