Fraudulent Companies Promising Timeshare Relief Are Teeming

Timeshare sales are down and timeshare relief companies are currently experiencing a sudden economic boom. However, the majority of timeshare relief companies out there are nothing more than fronts for highly suspect business activities. Owners receive dubious calls from allegedly timeshare companies promising to take their timeshares form off their hands. However, when the timeshare owners receive the timeshare relief contract, it's nothing more than a contract to allow the company to market the owner’s timeshare. This typically means that the timeshare of the owners is included in a website or any other online list of timeshares. In any event, the timeshare is never sold, the timeshare owner is still responsible for his perpetual timeshare bills, and the upfront fee for timeshare relief is relegated to the gods.

According to Sasha Velez, a senior investigator working at the Florida Department of Agriculture and Consumer Services based in Tallahassee, "It's almost epidemic," she said, "Why would you want to give money to someone who calls you out of the blue? If you are not dealing with the timeshare company you purchased it from directly or with a real estate broker or agent, don't do it. You are really at risk of being taken."

From January 2007 up to the present, the Attorney General's Office in Florida has received approximately 7,325 complaints against allegedly timeshare relief companies. Just this September, over 629 complaints were filed against professing timeshare relief companies. The number of complaints is proof that there are still a lot of bogus timeshare relief companies out there. Timeshare owners who desire to get rid of their timeshares should always be on their guard when dealing with any timeshare relief company.