The experienced timeshare lawyers at Finn Law Group have helped hundreds of clients with their timeshare cancellations in Chicago, Illinois. Call us to see how we can help you.
Most timeshare companies have dedicated attorneys who work tirelessly to defend against timeshare cancellations. Since timeshare exit and cancellation of contract often require legal settlement, negotiation or litigation, it is wise to have a timeshare attorney advocating on your behalf as well.
Protecting the rights of timeshare owners is our #1 priority. We represent consumers who have direct disputes with timeshare developers, management companies and their agents. The Finn Law Group has regularly achieved practical results, in a timely manner, against these companies because every file is handled individually.
There are many timeshare non-attorney relief companies serving Chicago that offer “Guaranteed” timeshare cancellation, which is often not possible. While they may be able to assist with basic procedures for timeshare exits, they cannot represent you through litigation in the event that your timeshare company decides to escalate the dispute to court.
On the other hand, a timeshare attorney is needed in cases where a consumer dispute appears to be at an impasse, and legal assistance is required to resolve the timeshare dispute either through settlement and negotiation or by litigating the issue in court.
While our timeshare law firm is based in Florida, our lawyers and legal partners are licensed in Chicago, IL jurisdictions. If you have a timeshare dispute with your timeshare developers, management companies, or agents, Finn Law Group may be able to help with your timeshare exit! Contact us to see how we can assist you.
Founder | Managing Attorney
We legally assist consumers in terminating timeshare contracts in Chicago, IL.
Timeshares are often a puzzle for consumers and their advocates, which makes giving and receiving advice about them tricky. While timeshares are sometimes marketed like real estate investments or luxury vacation rentals, they don’t truly fit comfortably into either category, and the timeshare market itself is a totally unique animal with its own set of challenges, including a limited (and scam-saturated) resale market.Timeshares are often a puzzle for consumers and their advocates, which makes giving and receiving advice about them tricky. While timeshares are sometimes marketed like real estate investments or luxury vacation rentals, they don’t truly fit comfortably into either category, and the timeshare market itself is a totally unique animal with its own set of challenges, including a limited (and scam-saturated) resale market.
The answer to that question is: ‘sometimes.’ But, generally speaking, if you’re past your rescission period you’re going to get a battle from the resort.
The best thing that you can do – if you find yourself in a position where you can’t or don’t want to continue with your obligation – is to contact your resort and be candid with them and tell them that you no longer can continue with the obligation and ask them if they can help you with a way to cancel your timeshare.
If they refuse to give you any help at all, your next step is probably going to be to hire a professional that is familiar with this kind of a contract.
Because timeshares can be transferred to others, you may inherit an interest in one through a will or some other legal process. What you may not know is that timeshares have maintenance or membership fees. Additionally, if your inherited timeshare has an outstanding balance, then you may become responsible for that unpaid bill.
For any consumer, nothing brings more relief than the sight of the phrase “guarantee.” But as any consumer protection advocate will tell you, it’s highly important to always take that word, or similar claims, with a grain of salt.
The short answer? Yes. Resort developers can and do take financial and legal action against timeshare owners attempting to leave their interest. However, they may not pursue these strategies as aggressively as some consumers may think.
The short answer is that it probably will, but not always. As in many situations, the devil is typically in the details.
It is a commercial enterprise which claims the ability to extract persons who own long-term timeshare interests from these contracts. Less understood and mostly unexplained by these relief companies is precisely how this task is actually accomplished (if, indeed, it is accomplished at all).
Timeshare redemption companies claim to offer an alternative to wading into the resale quagmire. For an upfront fee, these services offer to redeem and release you from your timeshare commitment.
How does it work? If it helps, think of the redemption company as a bit like a third party mediator between you and timeshare wholesalers. It transfers your unwanted timeshare back to the travel clubs, resorts, and inventory aggregates by means of exclusive partnerships and deals.
Timeshares can easily become a highly expensive proposition over time. And as with any other high cost financial obligation, a timeshare can quickly drag down your credit report or even ruin your credit altogether if you don’t pay attention.
Any organization offering you a definitive time limit for successful cancellation that seems too good to be true is probably peddling a half-truth, if not an outright scam. The reality is that contract cancellations and negotiations are legal issues that take the cooperation and participation of not only the consumer, but their representatives and, of course, the resort developers themselves. Direct negotiation with an attorney’s help can be a slow and arduous process, full of roadblocks and setbacks. If your attorney decides there’s a case and pursues litigation, that process could easily take months, maybe even years – though it may all be worth it to get out of the likely alternative, a lifelong obligation that will only get more expensive as the years go on.
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