Yes you have understood the question correctly. Indeed it sounds really strange that people sign up for a so called No Win No Fee Action Group but pay over £6000 upfront. But this is something that is really happening. Something that seems to be a “normal” procedure in the meetings set up by ITRA – International Timeshare Refund Action.
Through different connected companies such as Victoria Marketing, Sherlock Marketing, Information Advice Bureau, Timeshare Release, to name a couple of them, Timeshare owners are invited to a meeting. These meetings are held in the UK, Spain and Portugal. Most of the Timeshare owners attending these meetings are doing so because they have been told and re-assured that all they will be informed about is a No Win No Fee Class Action against their “Resort”, The Timeshare Industry or the Exchange Organisations.
We received the testimonial of a Timeshare owner who had the bad luck to be invited to such meeting as well and attended the one in Manchester. He was cold called and the lady on the phone explained to them that ITRA is compiling a case against the industry for misrepresentation and are willing to include the Timeshare owner in a ‘No Win No Fee’ case (they need around 30,000 applicants and will go to court in approx. 18-24 months).
At this meeting from ITRA most of the time was certainly not taken up by the Action Group Information. After filling in a simple questionnaire the timeshare owners were informed that they had grounds to claim against their resort. Strange enough, everybody seems to be qualified to claim…
Then the Timeshare owner was asked about his membership and if he realised that he would be stuck with this for the rest of his life and worse even, after he dies the family, children, grandchildren will be liable for the fees and debts. (Perpetuity clause).
Like many others the Timeshare owners was caught by surprise here and without any possibility to check these facts out with his resort. For a price of around £6000 the so called “legal team of Spanish Lawyers” from ITRA would take care of the disposal of the timeshare. A deposit of around £500 was requested on the day and the balance payment to be done in the following account:
Account Name:- Sochalls LLP Delmar International Limited
Sort Code:- 309384
Email address:- Beth Pryce firstname.lastname@example.org
And this is how people end up going to a No Win No Fee meeting and sometimes lose all their savings because they think or have been convinced that this is the only way out.
Sad part of this story though is that most owners are not aware that a lot of resorts nowadays have changed their rules or at least are offering a way out to those owners who are in need to cancel the membership. So stating that everybody is stuck with their timeshare for ever and beyond is really not true.
We have done some research on this company Delmar International Limited and although we could not find them at the UK Companies House, there is a company registered in Gibraltar by this name and registration number 41551. The company appears as “Active” but under Company Status it shows “Struck off by the Registrar”. Seen the history of ITRA and Club Class Group of Companies with Gibraltar registered companies, we suspect that this is possibly the one they are using for these payments.
So please be very careful when you receive a cold call and are invited for a No Win No Fee claim because this can turn out to be a very expensive meeting!
Always check out the company first, and if attending such meeting, listen to the offer but don’t make a decision on the day and certainly do NOT pay any fees towards such services there and then.
Any statement made about your Timeshare Membership or Resort should always be verified with the resort. Don’t just take anybody’s word for granted and certainly not if this means paying thousands of pounds!
If you have been approached already on a cold call for a similar meeting invite, then please do let us know. You can email us at email@example.com or place a comment on this blog