Yes it must be that time of the month again where ITRA the International Timeshare Refund Action has decided they needed a new branch name to introduce themselves to Timeshare consumers, so they are now using a company called Timeshare Exit Solutions.
Very similar to Sherlock Marketing another cold caller about who we wrote an article not so long ago.
Contact number for Timeshare Exit Solutions is +34 951 247 110 although on their website www.timeshareexitsolutions.co.uk they also display the free phone 0800 680 0660
The Spiel of these companies is all the same. Timeshare Exit Solutions rings consumers on a cold call and never seems to be able to explain actually where they obtained this private contact data.
The timeshare owner is informed about the Class Action going against the timeshare resorts, exchange companies and timeshare industry in general, and any timeshare owner can join this class action. To join on a No Win No Fee basis, the timeshare owner will have to attend a meeting though and is offered a 3 night stay in Spain with accommodation paid.
Once in Spain, the whole subject of the Class Action does not really seem to be the most important subject of the meeting. Soon after filling in a questionnaire which could have been done on the email without travelling to Spain, the timeshare owner is asked about his membership.
The agents from ITRA explain to everybody that they are submitted to a perpetuity clause on their timeshare agreement and the liability for paying the fees will not stop when they die and fall onto their children and their children.
As most Timeshare owners who attend these meetings do not bring with them their agreement and only were asked for the deeds, the pressure and convincement in these pitches about the perpetuity and for ever burden of your timeshare soon result in wanting to get rid of this no matter how.
And that is what ITRA is looking for as they can do this for the Timeshare owner against a payment of around £6000. They request a deposit on the day of around 10% and a balance payment a couple of days later.
The agreement does not mention how long it will take ITRA to do this supposed transfer out of the client’s name and neither has any cancellation clause that would allow the Timeshare owner to cancel in case the transfer / cancellation is not done.
Seen the above we certainly do not recommend having any dealings with ITRA and would advise to be very cautious when approached by companies such as Timeshare Exit Solutions from 0034 951247110
Please do contact us by email to email@example.com for more information if you have been called by Timeshare Exit Solutions. You can also place a comment on this blog