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Hello you mention you have a similar question, can you please point me to the original quesiton you were referring to?
Have they said how that will be done?
Thank you. This ‘offer’ has already attracted some public attention and there are various concerns about this. First of all, there is no easy way to get out of a timeshare and often there are all sorts of gotchas and risks involved.
Some interesting reading about this offer here:
The main issue here is that you are not guaranteed a sale of your timeshare. The company will of course try to do so but you need to check what would happen if they fail to. You will be stuck with the timeshare but will you also have liabilities towards Monster – that is important to check.
Subject to that, this could be a way of trying to get out of a timeshare, knowing that you would still have certain liabilities with Monster and be tied in to using their facilities, which whilst different to a timeshare, may still prove a burden in the long run. As with every offer of timeshare disposal there are risks so be certain of what you are agreeing to before proceeding.
Cancelling timeshare agreements, or nullyfying them, is far from guaranteed. This generally only happens if they can show misrepresentation or breach of contract - this could make the original contract unenforceable and it could be cancelled now without further liability. For example, if you were promised certain things that have not materialised or the resort has acted in breach of the terms of the agreement you could try and cancel the contract by arguing it is now void due to this. However, that will not always succeed, especially if the alleged breach is not serious enough and you are relying on trivial reasons. Whilst this transaction will not be covered under the Timeshare Directive, meaning they can ask for payment in advance in the form of buying these rewards, I would still not recommend you pay anything before you know that what they are claiming has happened, or at least having some guarantee that you can get out of the contract and get your money back if they do not succeed
Just to clarify I am not the person who accepted the phone call offer you made and I do not have your contact details. If you had issues with the phone call service please contact customer services on***@******.***
With the timeshare industry you are rarely going to get a concrete answer unfortunately. Whilst some timeshare have indeed been missold, that does not mean yours would necessarily fulfil the criteria to be cancelled on those grounds. If you wanted to go down that route, then you can appoint your own lawyers rather than go through theirs and have to pay money in advance for rewards
Apologies for that, I am just a user like yourself and I do not actually know what the interface at your end is but I will forward your feedback to the site management team. Thank you
But please be sure to say this yourself when you contact customer services as customer feedback will be taken more seriously
Some people do walk away from the membership – simply stopping payments and ignoring any further requests for payment. However, this is somewhat risky because some resorts have taken non-paying members to court. Still, not every resort does that so it is worth doing further research to see if yours is a resort that has taken legal action in the past.
It is all about researching it online, checking forums or other online reports to see if it has been mentioned that they have taken action in the past.
Also if you have not visited this site before, I have previously found it very useful in terms of your options - check the Advice section in particular :
That may well answer your question…it may not be a scam in the traditional sense where you pay them and they disappear, leaving you with nothing. Instead you are given a poor deal where you end up with returns which whilst for some may be useful, personally for they may be worthless.
You are welcome, all the best