Understand How to Get Out of a Timeshare Legally and Get Relieved from Debts!

Feb 6, 2020
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Do you regret buying a timeshare and you are trying to find out how to get out of a timeshare legally? You are not alone. Buyer’s remorse is not uncommon with timeshare owners. You might have thought that it was a good idea during the sales pitch and when you signed the contract, but over time, you may have realized that it’s not for you. Debts could build up if you are unable to pay your increasing dues in the long run, and this could ruin your financial stability and credit score. We’ll share some of the things you must know and what you can do to get out of your timeshare legally:

 

  • Act quickly – Start looking up how to get out of a timeshare legally as soon as you start regretting your purchase. All timeshare contracts should explain their cancellation or rescission period, which can depend on where the property is located. In Florida, you have up to 10 days to cancel your timeshare from the day you signed the contract. You can also cancel until midnight of the 10th calendar day following the day you got last of the required documents.

  • Get to writing – Your contract should describe how to get out of a timeshare legally. Even if it states that a written letter is not required, you should still consider writing one. Just make sure it contains all critical information, such as your name as it is stated on the contract, your contact details, the timeshare company’s name, the timeshare’s description and the date you bought it, and your statement of rescission.

  • Deliver the letter on time – The contract should also specify how the cancellation letter must be delivered. It is typically delivered in person, but it may be sent via registered mail. Just make sure it will arrive on time.

  • Get a lawyer – If you decide to get out of your timeshare way past the rescission period, you may need to get a timeshare lawyer for assistance. You should also consider working with one if you suspect that your contract is wrong or if you think that you have been scammed or tricked.

You can learn more on how to get out of a timeshare legally through an online educational platform designed to aid and bring awareness to the timeshare community. They know who is legitimate and which companies use trickery to coerce customers.

 

About the Author:

 

Advocate Financial Services is a Licensed Bonded Financial Educational Platform that employs to assist their customers in managing their debts. They have an experience of over 25 years in serving their customers concerned with financial and debt related matters such Consumer Debt settlements, Transfer of ownership and Timeshare Contract Cancellation. They are adept in providing strategic advice and cater trusted consultant to customers to them succeed in meeting their goals.

Email Address: info@advocatefinancialservices.com

Phone Number – (866) 519-7368


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