Disclosure: We receive compensation if you choose to speak to one of the trusted timeshare exit companies or partners mentioned here. The following is business information for educational purposes and is not to be considered professional or legal advice.

What Happens If I Stop Paying My Timeshare Maintenance Fees?

If you’re reading this article, it’s probably because you’re sick and tired of shelling out maintenance fees to a timeshare company every month. Perhaps you used to enjoy your timeshare property, but now the initial excitement has worn off or you no longer have the time or capability to spend much time vacationing at your timeshare. Whatever your reason for wanting to end the constant fees to keep up a timeshare contract that you no longer get value out of, read our advice before taking action to do something about your timeshare burden.

Should I Stop Paying My Timeshare Maintenance Fees?

So, you’ve found yourself in a pickle: you have a timeshare you no longer use but are stuck in a situation where you’re billed each month for maintaining the property. Though the fees may not have seemed like much when you signed your timeshare contract, you’ve discovered that they really add up! Now, you wonder what the consequences would be if you just simply stopped paying.

Before you decide to find out through halting payments, we have some good news and some bad news that you need to hear. First, the bad news: if you just walk away from your timeshare maintenance fees, you could wind up in trouble with the timeshare company, and your credit could be severely damaged. Now,the good news: you do have many options for getting out of your timeshare contract altogether. Whether you’ve paid off your timeshare property entirely or not, take some time to explore your options for stopping your timeshare maintenance fees, permanently and legally.

Option 1: Timeshare Resale

The first option you have for getting out of your binding timeshare contract and stopping the endless maintenance fees is selling your timeshare. This could be a viable option if your timeshare is paid off and if it is of value. However, keep in mind that the vast majority of timeshares do not hold their value, and many timeshare owners have an extremely difficult time re-selling their timeshares for any sum of money. The truth is that the only case where timeshare resale usually works is with high-value timeshares like Disney Vacation Club. A quick trick for determining if it’s worth it for you to sell your timeshare is to do a search for your timeshare property company on eBay. If you see many timeshares of your brand listed with no bids for $1, the odds are not in your favor!

Option 2: Hiring A Timeshare Exit Company

If your timeshare isn’t worth anything or you haven’t finished paying the mortgage on your timeshare, then the best option for you to get out of your timeshare contract and end your timeshare maintenance fees is most likely to enlist the help of a timeshare exit company. These businesses were invented to help timeshare owners like you attain timeshare freedom through working with legal professionals to break timeshare contracts. However, there is a dark side to timeshare exit companies: fraud and scams are rampant in the industry. For this reason, you should only ever work with a legitimate timeshare exit company with a great track record that allows you to pay with an escrow payment option. When you pay with escrow, your money is held in a third party escrow account until the timeshare exit business holds up their end of the deal. This is the only surefire way to protect yourself from scams. Learn more about escrow here.

That’s why our website exists: to help you do the proper research to select a timeshare exit company that will help you get out of your unwanted timeshare contract.

If you want to learn more, feel free to browse our timeshare reviews or to get more personalized advice on getting out of your timeshare and its maintenance fees, contact us through our form on the right side of the page, live chat or the phone number at the top of the website.

Trusted Timeshare Cancellation Companies

Timeshare Compliance

We like to recommend Timeshare Compliance because they are
are one of the only companies that offers an escrow payment option. When you pay with escrow, the timeshare exit company does not get paid in full until after your timeshare has been cancelled.

Seaside Consultants Group

We like to recommend Seaside Consultants Group because they are
are one of the only companies that offers an escrow payment option. When you pay with escrow, the timeshare exit company does not get paid in full until after your timeshare has been cancelled.

Wesley Financial Group

We like to recommend Wesley Financial Group because they have a high rating with Dun & Bradstreet.

Resolution Timeshare Cancellation

We like to recommend Resolution Timeshare Cancellation because they are
are one of the only companies that offers an escrow payment option. When you pay with escrow, the timeshare exit company does not get paid in full until after your timeshare has been cancelled.

What Is Escrow and Why Should You Care

We only recommend working with timeshare cancellation companies that offer an escrow payment option because we do not want to see timeshare owners get scammed. When you pay with escrow, the timeshare cancellation company only gets paid AFTER they have cancelled your timeshare.

Escrow is a 3rd party holding account that is not connected to the timeshare cancellation company. You pay the escrow account up-front, but the timeshare cancellation company is not able to access those funds until you decide to release them from the escrow account. If you’ve ever purchased a home, you likely needed to put money in escrow first before making the down payment.

Why Is Escrow Important?

In the past few years there have been several timeshare cancellation and resale companies that have taken timeshare owner’s money up-front, and never sold or cancelled the timeshare. Any company can make big promises with a “100% money-back guarantee,” but that doesn’t mean anything at all. You have no guarantee that they will stay true to their word and refund your money if they are unable to cancel your timeshare.

 For example, a large timeshare cancellation company by the name of Resort Release offered all its customers a “100% money-back guarantee,” but in May 2019 the company filed for bankruptcy. There is a good chance timeshare owners that paid Resort Release up-front will not be getting their money back.

Resort Release is just one example of many. A few other timeshare cancellation companies that charged up-front and later went out of business or disappeared with the money include:

  • Aconsumercredit
  • Mutual Release Corporation
  • Vacation Consulting Services
  • UDI Consulting
  • Castle Law Group

As of October 3, 2019, there are only a small number of timeshare cancellation companies that offer an escrow payment option. Our favorite company to recommend is one by the name of Timeshare Compliance. This company offers escrow and has great reviews online. You may read our full review of Seaside Consultants or contact them directly for a free consultation.

If you have more questions about cancelling your timeshare with an escrow payment option, please submit a contact form, initiate live chat or give us a call at the number at the top of the website.

Timeshare Answers Review

Timeshare Answers, based out of Orlando, Florida from 2009, is a timeshare exit and resale business that uses multiple domain names:

Timeshare-answers.com

Timeshare-help.com

Timesharescamhelp.com

Timeshare-question.com

Timesharecancelservices.com

It is unclear why Timeshare Answers uses several domain names, but is not necessarily negative.

Analysis of Timeshare Answers’ Websites

On Timeshare-answers.com, the company claims that only some timeshares hold value, while others are worthless once purchased, which is transparent and accurate. For example, Disney Vacation Club timeshares often retain resale value while most other timeshare resort timeshares prove impossible to resell. On the “Services” webpage, Timeshare Answers states that they offer termination, resale, rental, and transfer services for timeshares. It is not common for timeshare exit businesses that use attorneys to also offer resale services in Florida, as selling timeshares requires a real estate license, and most legitimate real estate agents do not want to risk their license by employing timeshare exit tactics.

On Timesharecancelservices.com, which appears to be the new version of Timeshare Answers under a new business model, resale services are not mentioned. On the “Services” webpage of this website, Timeshare Answers states that they re able to recover timeshare owners’ money upon the cancellation of their contract. They claim to have recovered over $6,500,000 on the “About” webpage. While this sounds great, it may be too good to be true. No other timeshare exit business has been able to do this, and the only cases we know of timeshare owners getting money back are ones involving class-action lawsuits.

Timeshare Answers Reviews

Timeshares Answers reviews online are sparse, but positive. As of 2/25/2019, Timeshare Answers has a 5 (out of 5) star rating out of 14 reviews on BBB.

Timeshare Answers Cost For Services

The Timeshare Answers cost is not displayed on their own website, due to the individualized nature of the services they provide.

Concluding Thoughts

Timeshare Answers mentions a 100% money-back guarantee on their website, implying that they charge upfront for their services. While the business may appear legitimate, it is not recommended to work with a timeshare exit company that charges upfront due to risk of scam. Instead, you should consider working with a timeshare exit company that offers an escrow payment option, which allows for customers to pay for the company’s service to a third-party holding account that only releases the funds to the business once the timeshare is successfully cancelled. Using an escrow payment option is the best way to ensure protection from fraud. Learn more about escrow and why it’s important here.

If you want to hear more about no up-front fee escrow payment options or get more timeshare exit company advice, please fill out our contact form or engage in our live chat.


Advice for Timeshare Cancellation After the Rescission Period

Timeshare rescission periods are laws put into place to protect new timeshare owners. They allow timeshare owners that have recently purchased their timeshare to cancel the contract for a total refund from the timeshare developer within a certain period of days after the signing of the contract. Each state has a different rescission period, but usually the period is not any longer than 2 weeks at the most. If your state’s rescission period has already ended but you want to get out of your timeshare commitment, there are a few options you should consider.

Timeshare Resale

Reselling your timeshare is an option for getting out of your timeshare, however, it may be much more difficult than you think. Unfortunately, most timeshares lose 50-90% of their value as soon as they are purchased. The timeshare resale market is flooded with common timeshares in locations such as Las Vegas or Orlando, and the prevalence of timeshares practically being given away on sites like Ebay for $1 proves this. Only certain timeshares tend to hold any of their value. For example, Disney Vacation Club and Marriott Aruba Surf Club timeshares are usually able to be sold relatively well, though rarely for the entirety of the initial cost.

The best way to attempt to sell your timeshare is to do so yourself using online platforms like Ebay or Craigslist, which have no additional cost to yourself. There are timeshare resale companies out there that claim to be able to help sell your timeshare with their advertising services. These companies are usually scammy and charge you upfront fees for advertisements that rarely result in actually selling your timeshare. It is important to be aware of this and avoid any company that charges upfront fees.

Timeshare Cancellation & Timeshare Exit Companies

Another option for terminating your timeshare commitment is to enlist the help of a timeshare exit company to break the contract for good. Timeshare exit companies work with legal professionals to help timeshare owners get out of their timeshares. However, it is important to do adequate research on timeshare relief companies before choosing one to work with in order to ensure the business is legitimate.

It is never recommended to work with a timeshare exit company that charges direct, up-front fees for their services. Instead, you should only work with a timeshare exit company that offers a no up-front fee escrow payment option, which allows the client to pay for the service initially to a third-party holding account that only releases the money to the timeshare exit company itself upon the successful cancellation of the timeshare. This is the only way to guarantee protection from fraud.

If you would like to receive more information on timeshare exit companies, no up-front fee escrow payment options, or advice on terminating your timeshare contract, please do not hesitate to fill out our contact form or engage in our live chat.

Timeshare Contract Loopholes

Trying to achieve freedom from your no longer wanted timeshare can be a hassle. Perhaps you have tried your hand at selling your timeshare on the resale market without any luck. Now, you are looking to get out of the contract as fast as possible so you can finally end your commitment and the timeshare maintenance fees.

Timeshare Developers Fight Against Using Loopholes

Unfortunately, in recent times, timeshare developers have made it increasingly difficult to find contract loopholes to break them. For example, Florida’s 2015 House Bill 453 takes measures to prevent “frivolous lawsuits” by timeshare owners who claim their contracts have “nonmaterial” errors. This is not surprising for the timeshare industry. Timeshare resorts rely on keeping timeshare owners bound in their contracts, even if they no longer use or want their timeshares.

Because timeshare developers have put in extra effort to stop timeshare owners from using contract loopholes to terminate their contracts, it is important to be wary of any timeshare exit companies that assert that they are able to rely on loopholes to end your contract. The truth of the matter is that timeshare exit companies employ other methods they have figured out for helping timeshare owners get rid of their unwanted contracts, aside from finding and exploiting loopholes.

Timeshare Exit Companies

Instead of using loopholes, timeshare exit companies often employ attorneys to assist with breaking timeshare contracts. If a timeshare exit company does not use legal professionals, then it is probably a scam. Most people running these companies also have plenty of experience in the industry and connections that they use as leverage to pressure timeshare resorts into ending the contract.

It is important to research and be aware of the methods that timeshare exit companies use to assist their clients with ending their timeshare contracts. It is also only recommended to work with timeshare exit companies that offer no up-front fee escrow payment options that allow clients to first pay for the service to a third-party holding account that doesn’t release funds to the company itself until the successful cancellation of the timeshare contract. This is the only sure way to avoid scams, and it is never recommended to pay a timeshare exit company any direct, up-front fees. Unfortunately, it is too often the case that a timeshare exit company disappears with their clients money and never actually cancels their timeshare contract. It is not worth the risk to work with a timeshare exit company that charges a direct, up-front fee when reputable, legitimate timeshare exit businesses offering no up-front fee escrow payment options exist out there.

Our website exists as a resource for finding these best timeshare exit companies. We provide reviews on timeshare exit companies and advice consultations. To find out more or get a consultation on your individual case from us, please fill out our contact form or engage our live chat.

How to Legally Rid Yourself of a Timeshare

If you find yourself no longer needing or wanting your timeshare, it is important to know your options for legally breaking and entirely ridding yourself of the timeshare contract.

Timeshare Rescission Period

If you recently purchased your timeshare, you may be able to use your state’s rescission period laws to most efficiently end your timeshare contract. By law, information should have been provided to you in documents when you signed your timeshare contract regarding cancelling your timeshare for a total refund within a short period of time after its purchase. However, if you have owned your timeshare for longer than the rescission period, you will need to use another method for timeshare contract termination.

Timeshare Resort Deedback Programs

Many timeshare developers offer programs of their own for assisting timeshare owners get out of their unwanted contracts. When looking to legally get out of your timeshare, first contact your timeshare developer to see if they are willing to buy back your timeshare or work with you on another option. As of 2/13/19, Wyndham, Hilton, WorldMark, Diamond, Westgate, and Manhattan Club are known to publicly offer such “deedback” programs, but others may offer them as well if directly contacted.

Timeshare Resale

If your timeshare resort does not offer a program of its own, you may want to consider selling your timeshare on a website like Ebay or Craigslist. However, it is important to be aware that this may be more difficult to do than you think. Most timeshares lose at least 50% of their value as soon as they are purchased, and it is not uncommon for timeshares to spend months listed on Ebay being given away for $1 with no bidders.

Timeshare broker companies that are commission-based do exist to assist those with the rare high-demand timeshare, like those by Disney Vacation Club or Marriott Aruba Surf Club, to resale their timeshare. However, no legitimate timeshare resale company charges a high upfront cost or wants to work with low-value timeshares. This is important to be aware of to avoid scams if you are considering this route.

Dave Ramsey & Timeshare Exit Companies

Financial guru, Dave Ramsey, does not support the ownership of timeshares and gives his support to some timeshare exit companies, whose purpose is to help timeshare owners legally break their timeshare contract through the employment of legal professionals. Working with a timeshare exit company may be the best option for you to terminate your timeshare contract if your timeshare resort does not offer a program of its own and your timeshare does not have value on the resale market.

However, it is important to never work with a timeshare exit company that charges direct, up-front fees for their services. Too often in the timeshare relief industry, timeshare exit companies disappear with their client’s money or go out of business without following up with their customers. For this reason, it is recommended to only work with a timeshare exit company that offers a no up-front fee escrow payment option, which allows the client to pay for the service initially to a third-party holding account that only releases the money to the timeshare exit company itself upon the successful cancellation of the timeshare. This is the only way to guarantee protection from fraud.

If you would like to receive more information on timeshare exit companies, no up-front fee escrow payment options, or advice on legally terminating your timeshare contract, please do not hesitate to fill out our contact form or engage in our live chat.

How to Get Rid of a Vacation Village Timeshare

If you currently own a Vacation Village timeshare but want to get out of your commitment, we can help provide you with advice.

Timeshare Rescission Period

If you recently purchased your timeshare, you should first look into your state’s timeshare rescission period, which is a short period of time in which a new timeshare owner can cancel their contract for a complete refund from the timeshare developer. Most states allow 3 – 14 days for their rescission period, but each state is different. Florida is 10 days and Nevada is 5, for example. You should have been provided information and instructions on how to cancel your timeshare within the rescission period by Vacation Village in the documents you were given upon the signing of your timeshare.

If you have owned your timeshare longer than the rescission period, you will need to examine other options for getting out of your Vacation Village timeshare contract.

Timeshare Resale Market

Owning a timeshare is not like owning real estate, where value increases with time. Unfortunately, most timeshares lose a significant amount of value once the contract is signed. Many timeshares can not even be given away for free. This is why you’ll see so many timeshares on Ebay and Craigslist for $1 with no bids. It is also why most charities won’t allow you to donate your timeshare to them either.

Timeshare Exit Companies

Some timeshare developers offer a “deedback” or “take back” program that allow owners to give the timeshare back to the timeshare developer. It is always recommended that you reach out to your timeshare developer first to see if they will take the timeshare back from you before speaking with anyone else.

If a “deedback” or “take back” program is not available, and you are unable to sell, a timeshare exit company is a logical next step. Timeshare Exit Companies work with legal professionals to assist timeshare owners with cancelling their unwanted timeshare contracts. If you are considering this option, make sure you thoroughly research timeshare exit companies before deciding on one because many scams exist.

There have been many accounts of timeshare exit companies cheating their clients out of money by charging them up-front for their service and never following through with cancelling the timeshare. For this reason, we like to recommended timeshare exit business that allow you to use an escrow payment option. When you pay with escrow, your money is held in a third-party holding account that releases the funds to the company only after they have cancelled the timeshare contract. Learn more about escrow and why you should care here.

Here on our website, we provide reviews and advice on timeshare exit companies to timeshare owners. If you want to receive a consultation from us, further examine the option of timeshare exit companies, or hear more about escrow payment options, please fill out our contact form on the right or engage in our live chat. You may also give us a call by dialing the number at the top of the website.

How to Cancel Your Grandview Las Vegas Timeshare

If you are a Grandview Las Vegas timeshare owner looking to rid yourself of a no longer wanted timeshare, read on for the various methods available to you.

Timeshare Resale Market

It is not uncommon for timeshare owners to believe that owning a timeshare is like owning real estate, where value increases over time. However, the unfortunate, and perhaps disheartening, truth is that most timeshares actually lose 50% or more of their value as soon as they are purchased from a resort developer directly.

In some cases, a timeshare cannot even be given away for free. This is why most charities will not accept a timeshare as a donation. If you search “timeshare” on Ebay or Craigslist, there is a good chance you will see several for sale for $1 with no bids.

If you’d like to try and sell your Grandview timeshare on the resale market, beware of companies that want to charge an up-front fee to “advertise” the timeshare for sale on their website. You will likely pay the up-font fee and the timeshare will likely not sell. Ebay and Craigslist are two good, low cost options available for those looking to sell with minimal fees. However, it’s worth noting that timeshares are notoriously difficult to sell on the timeshare resale market

Timeshare Exit Companies

Resort Developers are usually not willing to assist timeshare owners with breaking their contracts because they want to keep collecting maintenance fees, but some have begun accepting timeshares back from those looking to get out of the timeshare. Contacting your timeshare company first is always the best first step for you to take when you’d like to cancel your timeshare.

For these reasons, timeshare exit companies exist to help timeshare owners get rid of their unwanted timeshare, often by working with legal professionals. It is important to thoroughly research a timeshare exit company before employing use of its services, as cases of scams are common in the industry.

There have been numerous cases of timeshare exit companies collecting payment from a client and either going out of business or never actually cancelling the timeshare, but still retaining the customer’s money. Because of this, we like to recommend timeshare exit companies that offer an escrow payment option.

When you pay with escrow, fees are paid first to a third-party holding account and are only released to the company once the timeshare exit service has been completed. This is one of the best ways to protect yourself from scams. Learn more about escrow and why you should care here.

Here on our website we review timeshare exit companies and provide timeshare owners with advice on getting out of their unwanted timeshares. For a free consultation, please fill out our contact form on the right side of the page or engage in our live chat.

How to Get Out of Your Timeshare Without Hurting Your Credit

Many individuals looking to rid themselves of a no longer wanted timeshare are concerned about finding the most legitimate method for cancelling their timeshare contract without negatively affecting their credit. Luckily, there are options out there for ending your timeshare contract without sacrificing your credit score.

Timeshare Resale Market & Donation Programs

Unlike real estate, most timeshares lose around 50-90% of their initial value as soon as they are purchased. There are countless Ebay listings with no offers for timeshares practically being given away for $1. While there are timeshare broker companies out there that assist with timeshare resale, these brokers are commission-based and only work with owners of high-end timeshares. Unfortunately, unless you own a high-value timeshare like one by Disney Vacation Club or Hawaii’s Westin Ka’anapali, selling your timeshare is an unfeasible option. Never work with any timeshare resale company that claims to be able to help sell a low-value timeshare or charges you an up-front fee for their service, as this is sign of a scam.

If you cannot resell your timeshare, you might wonder if you can give it away to charity for free. Usually, this is not viable either. There is no reason a charity would want a timeshare that nobody would even purchase for $1. In the past, a company called Donate for a Cause charged timeshare owners a fee for donating their timeshare to charity. However, the business was barred from continuing this by the IRS in 2015.

Timeshare Exit Companies

Some timeshare developers offer programs of their own for buying back timeshares. It never hurts to reach out directly to your timeshare developer for assistance in timeshare contract cancellation. However, if you still owe a mortgage balance, then it is unlikely that the timeshare resort will be of much help.

In such a case, your best option for cancelling your timeshare contract is to enlist the service of a timeshare exit company. These businesses work with legal professionals to terminate their clients’ timeshare contracts. If you are considering this route, it is extremely important to do your research on timeshare exit companies before choosing one to assist you. Ask about the company’s method for protecting your credit, and never listen to advice to stop paying your timeshare mortgage or maintenance fees, as this will result in a damaged credit score.

Additionally, it is never recommended to work with a timeshare exit company that charges its customers direct, up-front fees. Instead, you should only consider working with a timeshare exit company that offers a no up-front fee escrow payment option, which allows the client to initially pay to a third-party holding account that releases funds to the timeshare exit company only once they have completed their timeshare cancellation service, eliminating risk of fraud.

If you want to find out more about timeshare exit companies or no up-front fee escrow payment options, we are here to help. Fill out the contact form on this page or engage in our live chat for further assistance.