Mutual Release Corporation, based out of Springfield, MO, is a timeshare relief business that was founded in 2017.
Mutual Release Corporation Lawsuit & Relation to Other Timeshare Exit Companies
On their website, Mutual Release Corporation claims to have been helping timeshare owners for years. However, their business was only established in 2017. Some online research reveals that the business shares the same address as Principal Transfer Group and Atlas Vacation Remedies, which is under the same ownership as another timeshare exit company, Vacation Consulting Services.
In September 2018, Wyndham sued both Atlas Vacation Remedies and Vacation Consulting Services. Mutual Release Corporation was also sued itself in February 2018 by Diamond Resorts Corporation.
The likely reason these companies have so many different business names is so that they can continue offering their services without the bad image attached to their name.
Mutual Release Corporation Reviews
Mutual Release Corporation reviews are negative online. As of 2/1/2019, the business has an “F” rating on BBB with 6 customer complaints. Additionally, there are negative reviews present on Mutual Release Corporation’s Facebook page.
Mutual Release Corporation Cost For Services
The Mutual Release Corporation cost is not made available online, which is similar to other timeshare exit companies due to the case-by-case nature of the services they provide. However, customer complaints for Mutual Release Corporation mention high up-front fees of around $10,000 for the timeshare cancellation service, though we cannot completely verify whether this is true or not.
Mutual Release Corporation and the businesses associated with it do not appear to be legitimate and rely on scammy practices to continue to operate. There are complaints of Mutual Release Corporation not honoring the money-back guarantee they display on their website, which is unfortunately not uncommon in the timeshare relief industry. For this reason, it is recommended to work with a timeshare exit company that offers a 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 has been successfully cancelled. Using a no up-front fee escrow payment option is the best way to ensure protection from scams, and it is never recommended to work with a timeshare exit company that charges direct, up-front fees. Learn more about escrow and why you should care here.
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