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Original Message:
Update on Lawsuit against RCI (by Orville M.):
ruthana wrote:I'm appalled at what RCI is offering for the inconvenience and down right abuse I've experienced as a timeshare owner. The offer: no exchange deposit until unit secured, (I don't find that helpful since I would like to no longer do business with RCI); 2 month extension to membership, (see previous line); $20. credit toward exchange............. The options continue in this unacceptable vein. RA
"Payments" like this are common in class action suits. Years ago I got a notice that I could be party to a class action suit against the makers of the ZIP computer drives because some units were defective. The relief? A couple of coupons good for $2.50 off the purchase of additional disks for my potentially defective ZIP drive. As if.
I didn't bother filing but I did send a letter to the bankruptcy judge requesting that all attorneys' fees also be paid in discount coupons. I'm sure that the lawyers got paid in cash, but I figure that at least the judge got a good laugh out of it.
The RCI relief is a joke. I dumped my TS years ago but I encourage anyone eligible for the suit to object to the settlement. If there are enough objections, the judge may send it back to the lawyers for renegotiation. Or not. But unless someone kicks up a fuss, judges usually go along with the proposed relief.