“Hello again Steve. I have another question. My husband and I own a timeshare with Shell Vacation Club. It was paid off in January of this year. The monthly maintenance fees are $74. We don’t use the timeshare that much and we are considering selling the timeshare. I’ve heard its very difficult to sell timeshares …
“Dear Steve, I have $20,000 of credit card debt and I own a timeshare that I can use every other year. I am interested in looking for a path to be debt free and possibly sell my timeshare. I don’t know where to start, and I have heard that timeshares are difficult to sell. I …
The Federal Trade Commission today announced the owner of a telemarketing operation that deceived consumers who were trying to sell their timeshare properties is permanently banned from the timeshare resale and rental business, and from all telemarketing, under a settlement with the Federal Trade Commission. The settlement followed a court ruling that the company violated …
The Federal Trade Commission and Florida Attorney General Pam Bondi brought legal action against a timeshare rental/resale telemarketing business and its owner for allegedly deceiving thousands of consumers throughout the country into paying up to $2,000 based on false promises that they had buyers or renters lined up for consumers’ timeshare properties, and then failing …
The Federal Trade Commission put the telemarketing and timeshare businesses off-limits to a south Florida couple who allegedly operated a deceptive telemarketing scheme that victimized property owners hoping to sell their timeshares. Pasquale Pappalardo and his wife, Lisa Tumminia-Pappalardo, agreed to settlements with the FTC that permanently ban them from telemarketing and engaging in timeshare …
Hi all, I’ve been cleaning up the last of my debt over the past couple of years. I was planning to go and settle with a defaulted Timeshare at some point. But on Friday I received a 1099-C from the Timeshare canceling my $9500 balance on my debt. While on the one hand this is …
I own a timeshare that I wish I didn’t own. I paid about $12000 cash for it – no debt – and have kept current on my quarterly maintenance payments of about $160. Without going into too much personal detail, the problem is – I’m probably never going to use it. And there are thousands …
Over the past few years, during this economic downturn, scammers have been promising consumers with timeshares, they could sell them. The vast majority of the time it was simply a scam to get timeshare owners to part with money for services, only to never really have their timeshare sold. One such crook was Darnell Disroe …
At the Federal Trade Commission’s request, a federal district court has issued a temporary restraining order against a Florida-based telemarketing scheme that allegedly tricked timeshare owners who sought to sell their timeshare properties. VACATION PROPERTY SERVICES, INC.; VACATION PROPERTY SELLERS, INC. d/b/a Timeshare Experts; HIGHER LEVEL MARKETING, INC. d/b/a Vacation Property Services; ALBERT M. WILSON; …
“Dear Steve, We have $30,000 in credit card debt. we are current and are making payments on all of them that will pay them off in 3 years. I have one credit card that I charge gas & groceries and pay off in full each month. We have a timeshare with Shell Vacation in California, …