What to Do If Your Timeshare Exit Attempt Fails
Exiting a timeshare can be a challenging and frustrating process. Even with careful planning, some attempts fall short—whether due to legal hurdles, uncooperative resorts, or deceptive exit companies. If your initial effort to cancel your contract didn’t succeed, don’t give up. This article outlines what to do next and how to avoid making the same mistakes twice.
Identify Why the Exit Failed
Start by assessing what went wrong. Common reasons include:
– Misunderstanding contract terms
– Resort refusal or lack of cooperation
– Working with an unqualified or fraudulent exit company
– Missing documentation or deadlines
Understanding the cause will help you choose a better strategy going forward.
Collect and Organize Your Documentation
Make sure you have all relevant materials in one place:
– Original timeshare contract and amendments
– Payment records and maintenance fee receipts
– Communication with the resort or exit companies
– Legal notices or emails
Having a complete paper trail strengthens your case for any further legal or professional assistance.
Consider a Second Opinion
Just because your first exit attempt failed doesn’t mean the contract is ironclad. Hire a reputable attorney who specializes in timeshare or real estate law to review your case. They may spot legal grounds for cancellation you previously missed, such as misrepresentation, fraud, or breach of contract.
Avoid Repeating Costly Mistakes
– Don’t rush into another exit company without proper vetting
– Be skeptical of ‘guaranteed’ results
– Always check for escrow payment options
– Don’t pay large fees upfront without written agreements
Try Alternative Exit Routes
If a legal cancellation isn’t an option, you may still have alternatives:
– **Deed-back programs** offered by the resort
– **Voluntary surrender** if the developer allows it
– **Selling or gifting** (though difficult, it’s worth exploring again)
– **Group timeshare exit options** with other owners of the same resort
Report Fraud or Misconduct
If your failure was due to a scam or unprofessional service, report the issue to:
– The Federal Trade Commission (FTC)
– Your state attorney general’s office
– Better Business Bureau (BBB)
– Local or national consumer advocacy groups
Stay Informed and Persistent
Laws and options in the timeshare industry are constantly evolving. Stay updated by:
– Joining online forums or Facebook groups for timeshare owners
– Following consumer rights blogs
– Attending webinars or consultations with industry experts
Final Thoughts
A failed timeshare exit companies isn’t the end of the road. With patience, better preparation, and the right support, you can regroup and pursue a more effective path. Keep records, do your research, and approach the next step with greater clarity.