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Re: Vida Vacations & Grand Mayan lies (by Joan C.):

Don P. you seem to have a bee in your bonnet. Shouldn't have anything to do with Laura B....what gives you the idea she's a scammer - that's rather absurd from what I have read. Some of the companies may turn accounts over to a collection agency, but if your cause is justified, don't worry about it. Monitor your reports at the credit bureaus over time, and submit a dispute if Vida or the like file anything. Most will write off debts in MX; haven't seen many timeshare victims (owners) sued. The credit bureaus are aware of all the issues with timeshare; they will even provide you with a form for you to explain your dispute. Walking away is the best solution. Class action lawsuits are rare in MX and it would likely cost you something in the end. And resale timeshares have little or no value. Laura B, didn't realize Vida was still selling real property. Where else do they offer it? Depending on who financed the purchase, owners may want to consider an exchange into Vida if you have other timeshares you can use for an exchange. I exchange there, but paid for my purchase.

An issue with some of the timeshare companies who commit fraud on a regular basis is that Visa and other c/c entities have been aiding and abetting the fraudsters by accepting credit cards from victims to pay the deposits. Vallarta Gardens in La Cruz has been guilty of this practice for in excess of 11 or 12 years as far was we can tell, with Visa the primary culprit. It's a good idea to always contact your state Attorney General with regard to any issues that don't pass the smell test, and the FBI, and other policing authorities. A good source of information on illegal activity and news of prosecutions and convictions is www.insidethegate.com.