I went to Mexico on a vacation and got mixed up with a timshare presentation. I really liked the place we were staying at, but when I reviewed everything we had signed, I realized that even though, we had signed everything "at" timeshare for the place we were staying at, the place we had actually signed for was for an older building at another city in Mexico. So, we did'nt get what we were told. I stopped the payment on the check and called them several times to cancel everything, but of course, they would send me to voicemails. Someone finally called me back and said they will send us to collections. Now I am a little afraid. I need advise. Please help.
2006-08-15 08:39:40 · 6 answers · asked by Photographer 6 in Travel ➔ Mexico ➔ Other - Mexico
Unfortunately time shares are the biggest fraud on earth , I would really recommend trying to get a lawyer and cancel the contract What those did was misleading ,or try to sell it if you can .To be sent to collections may not affect you that much but still who wants to see her credit record affected by something like that. I worked 2 yrs for a timeshare xchange company and believe me ppl didn´t know how to handle their timeshares ,and how to get out it the most who succeded were those who did get the legal path.Another option would be time share exchange your unit may /may not have a lot of trading power (it all depends on the wk # you bought and the location of it) so in this way you could try getting units at different places.Best of luck!
2006-08-15 18:55:55 · answer #1 · answered by *-MaGiC*DoUBt-* 5 · 0⤊ 0⤋
I'm thinking - who cares if they send you to collections? I doubt this would reflect on your domestic credit report would it? I guess it could if they hired a domestic collections company but I'm thinking it's a hollow threat. Yeah, that's a helpful answer... (not).
Sorry to hear about your misfortune, but it sounds like it's good that you got out when you did.
2006-08-15 15:52:04 · answer #2 · answered by Rockin' Mel S 6 · 0⤊ 0⤋
There is a "cooling off period" in real estate transactions of this nature where you can legally withdraw from the transaction. Contacty your local real estate or just look on line for the laws governing where you live.
2006-08-15 15:46:43 · answer #3 · answered by Matthew L 2 · 0⤊ 0⤋
get a lawyer...as soon as you signed everything did you make copies of the documents? You need those to prove the case against fraud.
2006-08-17 13:14:02 · answer #4 · answered by Sherpa 4 · 0⤊ 0⤋
In the business world this is refered to as a "Lessons Learned"
2006-08-15 15:45:25 · answer #5 · answered by Judy the Wench 6 · 0⤊ 0⤋
just get a lawery, it sound like they comited fraud
2006-08-15 15:45:46 · answer #6 · answered by mi_gl_an 4 · 0⤊ 0⤋