Resort Exit Team, also operating as Resort Release, is a timeshare exit company in Rockford, IL that filed for chapter 11 bankruptcy in 2019. This is exactly why we like to recommend exit companies that offer 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. Learn more about escrow and why you should care here.
Resort Exit Team Marketing
The company appears to be rather small, and advertisements for the business are not seen very frequently. Resort Exit Team’s name is also similar to the popular, Dave Ramsey-endorsed Timeshare Exit Team. For these reasons, we reached out to the company to investigate whether they were trying to make it seem like Resort Exit Team and Timeshare Exit Team were affiliated, which they are not. Using the live chat feature Resort Exit Team’s website, we questioned whether or not the business was the timeshare exit company we heard about via a radio advertisement. The team member we chatted with responded, “Yes,” so it does appear that Resort Exit Team markets themselves through ads independently of Timeshare Exit Team.
Resort Exit Team Reviews
The Resort Exit Team reviews are positive. Their website features a few audio recordings of customers recommending the company, as well as happy customer testimonials. Off of their website, Resort Exit Team has a 5 (out of 5) star rating on BBB, as of 1/18/2019.
Resort Exit Team Cost for Services
Resort Exit Team is a smaller company, so it is possible that the charge for their services is modest compared to larger timeshare exit companies, though we cannot state this for sure. The Resort Exit Team cost is not available on the internet, much like other timeshare exit companies. Timeshare cancellation services are individualized in nature, and cost for services depend on the specific details of the case. Resort Exit Team does provide a free consultation to get a cost estimate and also offers a 100% money-back guarantee.
While Resort Exit Team appears to be a legitimate timeshare exit company and their 100% money-back guarantee may seem to provide security, it is always best to only work with timeshare exit companies that offer no up-front fee escrow payment options. No up-front fee escrow payment allows customers to pay fees to a third-party holding account that releases the money to the timeshare exit company only upon the successful cancellation of the client’s timeshare.
Too frequently in the timeshare exit company industry, businesses charge customers up-front directly for their services, then never complete their end of the deal. If a company failed to cancel your timeshare and did not return the money they charged you up-front, it would be a huge headache to fight and could take years to resolve, or may never even get resolved. This is important to consider when selecting a timeshare exit company. The only way to be absolutely sure that you are protected from such scams is to work with a timeshare exit company that offers a no up-front fee escrow payment option.
To learn more about no up-front fee escrow payment options or get further advice on timeshare exit companies, please contact us via the form on this page or engage in our live chat.