For many timeshare buyers, the attractiveness of their situation can diminish over time. What once looked like luxury vacations and a guaranteed getaway now is lined with financial stress. Maintenance fees, in particular, can drive owners to want out. In fact, a 2016 survey found that 66% of timeshare owners said that “too high” maintenance fees were the reason they wanted to get out of their contract. And 46% said that these fees were their top reason for leaving.
If you are among these owners who want out of your timeshare, it is important to hire a timeshare cancellation lawyer. They can help you navigate this process, increasing your chance of success. The following are just some of the reasons that working with timeshare attorneys is better than working on your own.
- Avoid Scams: Timeshare resale scammers know that worried owners are vulnerable to easy ways out. By working with a timeshare cancellation lawyer, you can avoid falling for these altogether.
- Have Protection From Debt Collectors: In accordance with the Fair Debt Collection Practices Act, third party debt collectors cannot contact the person who owes money if that individual has hired a lawyer. Instead, they will need to contact your attorney to work out the details.
- Find The Most Economical Option: Timeshare closing costs can be steep, but your lawyer will do what they can to keep your cancellation expenses low. In the end, the fee might end up being less than the debts you would accumulate over time while trying to pay for the timeshare.
- Prevent Impulse: Having an attorney on your side will prevent you from taking an easy way out. This jump generally involves people falling for scams or illegal practices.
The right timeshare cancellation lawyer can help you sift through every detail of your situation, guiding you out with as much care as possible. Timeshare cancellation attorneys understand that being stuck in a timeshare can be stressful, taking a toll on your entire life. Know that you should not have to live this way, and hiring a lawyer is the best place to begin.