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10 Timeshare Cancellation Companies Myths (Debunked!)

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How many times were warned to stay away from timeshare cancellation firms?

They charge you a substantial fee without a successful cancellation of the timeshare contract.

I’m certain you have heard the phrase at least a hundred times. This would have given you an icy feeling to believe in the top timeshare cancellation businesses.

But, trust me when I say that this isn’t true! There are many myths that are being circulated on the internet regarding timeshare cancellation businesses. They, of course are a long way from the truth.

In this post I’ll dispel the top 10 misconceptions about cancellation of timeshare companies. You can seek assistance from an trustworthy timeshare cancellation company. It can help you get out of your timeshare contract.

Let’s start…

Table of Contents

  • Debunking Top 10 Timeshare Cancellation Companies Myths

Debunking Top Ten Timeshare Companies that Cancel Timeshare Myths

Myth # 1

Don’t Trust a company that doesn’t provide A Free Fee Quote Up-front

Anyone who wants to sell their timeshares want to ask the cancel company to offer them an exact price. At a minimum, they should inform them of the estimated amount of costs.

The process of cancelling a timeshare isn’t an easy procedure. A company must study the circumstances and details such as:

  • Mortgage
  • Maintenance payments,
  • Conditions of the contract etc. To help you leave the timeshare.

Before you study and discuss how to cancel your timeshare, companies that offer timeshare cancellation cannot provide you with an upfront price. Also, they cannot help you get to leave the timeshare within a matter of minutes.

This leads us to our second mythology one that we will discuss later…

Myth #2

companies that can cancel Timeshare memberships Provide A Fast Solution

There’s no way to tell. Timeshare cancellation companies don’t have magic. They don’t have any magic method to get you out of your timeshare.

Cancelling timesharing is an official process. It is a process that requires careful research and analysis of your personal information. After that, the company could end your timeshare.

It can take anywhere from 12-18 months to have your timeshare cancelled. Also, as mentioned earlier the timeshare cancellation firms cannot provide instant solutions.

It is an indication of danger if the company claims to provide a quick solution to solve your issue. Beware of companies that promise quick fixes to your problems.

Moving on to discuss the next myth that we want to debunk that is…

Myth #3

Timeshare Businesses Can Only work as an Advisor

The top timeshare firms take care of all the work for you. They will discuss your situation with you, answer any questions, and take care of the entire procedure for you.

Dear reader, timeshare companies will not only serve as your advisor. They won’t just guide you on the best way to get rid of your timeshare. They will also assist you throughout the process and complete all legal paperwork for you.

This can make it easier to save time, and also reduce the anxiety that comes when you cancel your timesharing.

The next step comes…

Myth #4

You Don’t Need A Timeshare Cancellation Company For Exiting Your Contract

A lot of people choose to use their family lawyers instead of hiring for a Timeshare cancelation company.

Your family attorney isn’t exactly the best person to assist you with a timeshare cancellation?

What is the reason?

Legal professionals aren’t equipped with the necessary knowledge and experience in cancelling timeshares. You can be sure that your lawyer at home won’t develop enough expertise in the blink of an eye to end your timeshare.

Timeshare cancellation companies are staffed with experts who are highly skilled. They are able to get you legally out of a timeshare.

Myth No 5

Experience and Success Record Records Aren’t As Important

Of sure, they are!

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A company that has a good track record indicates that it has handled a variety of cases. This, in turn will increase the likelihood of successfully settling your timeshare.

If you’d like to know more about the history of the company and reputation, you can schedule a complimentary consultation. Speak to them, inquire with questions about the various types of cases they’ve resolved.

As we’re discussing the topic of free consultation, let’s dispel the myths associated with it.

Myth 6

No-cost Consultation is a Fraud!

Many people are under the impression that a free consultation is the condition. This condition is that you must engage the company following the consultation.

This is not true!!

The most reliable timeshare companies don’t bind any conditions to a no-cost consultation. It is possible to schedule a no-cost consult with them. If you’re completely satisfied, employ them to terminate your timeshare.

Another popular myth can be found in…

Myth# 7

The Timeshare Companies That Cancel Your Fee Will Not Refund The Fee

( If they do not stop this Timehar63e!)

The most reliable timeshare cancellation companies provide a money-back assurance.

If an reputable company does not manage to take you from the timeshare within the stipulated period of time, you’ll get the money you paid back.

Companies that offer money-back guarantee are more reliable than those which don’t offer a guarantee.


The idea of talking about trust is what makes me want to discuss…

Myth No 8

Virtual Timeshare Businesses Are equally trustworthy as physical ones.

My friend, they’re not!

A company with an office in a physical location and branches throughout the country is more reliable. Virtual companies are a good thing however it requires some confidence to let them handle your legal matters.

A physical company permits you to visit the office of the company. You can talk about the issues face-to-face with lawyers. This option isn’t offered for virtual businesses. Yes you can make contact via the phone or via video calls however it’s not like live conversations.

The second myth on our list for the day lies in…

Myth No 9

Works When Using A Timeshare Cancellation Company that uses an Escrow

If you make use of credit cards to pay you are protected by the rules under federal law. Escrows are beneficial for large real estate as well as businesses. It proves the ability for both sides.

However the use of an escrow account for cancellation of timesharing can rack additional fees. Additionally, it will complicate the legal process. So, if the timeshare cancellation company suggests that you utilize an escrow account this is a red flag.

Since these companies pile charges and not let you get from the timeshare.

The final myth of today’s checklist can be…

Myth Number 10

Timeshare companies ruin the Credit Score

Credit damage can be caused to your score in the event that you fail to pay your payments and dues in time. It is not associated with companies that cancel timeshares.

It’s illegal for the timeshare company to tell clients not to pay maintenance fees or any other fees. The reliable and reliable cancellation companies do not do this.

Indeed, they advise their clients to pay their debts in time.

Closing Up!

Here’s the deal!

The top 10 most commonly cited myths regarding Timeshare cancelation companies. I hope this article clarifies your thoughts regarding companies that cancel timeshares.

What are other timeshare cancellation myths you’ve heard about? Let us know in the comments section below.

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