We are a law firm with 20 years of experience and many successful projects
We have expert timeshare release and claims consultants operating from a growing network of offices throughout the UK and a number of Europe’s timeshare “hot-spots”
Our mission is to help timeshare owners who wish to rid themselves of unwanted timeshare (and the associated long-term fee commitments) and to recover monies wherever possible.
We are a law firm with 20 years of experience and many successful projects
We are a law firm with 20 years of experience and many successful projects
We are a law firm with 20 years of experience and many successful projects
We are a law firm with 20 years of experience and many successful projects
We are a law firm with 20 years of experience and many successful projects
TSX Global is a leading full-service law firm made up of experienced, talented and highly skilled lawyers.
The timeshare specialist lawyers are knowledgeable, responsive, and easy to communicate with.
“The attorneys are very patient to keep explaining to our client’s inquires”
Thousands of timeshare owners have trusted in us to end their timeshare nightmare and claim money back.
We employ some of the most experienced advisors in the industry along with our legal partners and specialists in timeshare claims.
We invest in people, research and technology to ensure we deliver our clients with the most efficient and professional service.
Team members are outstanding lawyers who are famous for handling tough cases for clients. They always give well-organized and thorough advice for clients.
Business lawyer
Business lawyer
Business lawyer
Business lawyer
Business lawyer
Business lawyer
Business lawyer
Business lawyer
Let’s start with the biggest question! There are all sorts of reasons as to why timeshare went wrong… and it is a great shame, as the original concept of timeshare was truly innovative and it did largely deliver on its promises through the timeshare “boom times” from the mid 1980s into the 1990s.
However, due to the lack of regulation, the rather one-sided way that timeshare contracts have been written, the pure greed of a number of the timeshare groups/resorts and the major economic downturn in recent years, the timeshare industry finds itself in major difficulty.
The real victims of course are the customers – those people who bought into the idea of timeshare and now find themselves locked into long-term contracts, paying hugely inflated fees that increase year-on-year, for a holiday concept which no longer delivers what it promised due to overselling and lack of availability.
Virtually all timeshare agreements include clauses relating to maintenance, management or similar fees that must be paid throughout the full contract term and (here’s the catch…) these fees can be varied entirely at the discretion of the timeshare group/resort.
There are many different types of timeshare contracts, but the fees are generally charged on the premise that all the “members” of a particular resort or scheme are collectively contributing to the ongoing upkeep and management of the resort/scheme.
The problem is that most timeshare groups/resorts became greedy over the years and simply couldn’t resist taking advantage of this, so they have kept finding reasons to increase the fees they charge their (literally) “captive audience” of customers, who are usually locked in to long-term contracts and have no option but to just accept these increases.
The maintenance fee clause in a timeshare agreement is the “Trojan Horse” hidden away in the small print, which allows the timeshare group/resort to change (i.e. increase) the fees at their discretion.
Unfortunately, because you have signed a contract agreeing to this and, whether you realised it or not at the time, you are legally obliged to pay these fees throughout the full term of your agreement.
This situation is all too tempting for many timeshare groups/resorts, who have become used to simply pushing the fees up year on year – and this habit shows no signs of stopping. There are exceptions of course but, as a general rule of thumb, it is estimated that timeshare maintenance fees double every 10 years. Therefore, if your fees were £400 per year in 2006, they are likely to be around £800 per year in 2017 and would be £3200 per year in 20 years’ time.
This will depend on your timeshare contract and the specific timeshare group/resort but, if you refuse to pay your timeshare maintenance fees, the likelihood is that the timeshare group/resort will put you into their credit control process.
This is likely to include an escalating sequence of events, starting with reminder letters/phone calls and sometimes additional charges and/or interest for late payment. You may also suffer restrictions in terms of using, exchanging or renting out your timeshare while you remain in arrears.
Fees will usually continue to accrue and the recovery procedures may escalate, with threats of legal action, damage to your credit rating and the use of debt collectors – For example, Daniels Silverman are known to act on behalf of some timeshare groups/resorts in this way.
The whole process can be a very stressful and unpleasant experience and, ultimately, the timeshare group/resort has a signed contract and they can enforce this as they see fit, so we would not recommend this course of action.
Please forward the letter to cs@tsx-global.com. This document will be uploaded onto your file and forwarded to our collaborating lawyers.
The lawyer will contact the debt collector Company informing them of your dispute and that you have been advised not to pay the fees.
Along with the high maintenance fees and the collapse of the resale market, the lack of availability is one of the major frustrations among Timeshare owners and, like a number of the other problems with timeshare, the greed of the timeshare groups/resorts is sadly the root cause.
The relentless sales drives of these organisations over time means that many resorts & point Schemes are hugely oversubscribed, which means that only a very small proportion of the members are ever lucky enough to be able to book their first choice accommodation & dates.
This is exacerbated by the fact that some resorts, groups and exchange networks are known to hold back some of the most desirable accommodation and dates for sale on the open holiday-maker market, rather than sharing the full allocation fairly across their fee-paying membership.
On top of this, there is often a further allocation of the best units/dates held back for new potential customers, who are flown in for a few days so the sales teams can try and sell them into the prevailing special Timeshare scheme of the moment.
It all means that the actual fee-paying members/owners, who have bought into their Timeshares and dutifully paid their Maintenance Fees, are often pushed to the back of the queue and generally find themselves having to choose from what’s left over.
This will depend on a number of factors including the timeshare group/resort in question, the terms of the contract, the legal jurisdiction under which your contract is governed, the transactional history of your particular case and, very importantly, whether there are grounds for claiming the timeshare contract and/or any credit agreement, may have been mis-sold.
We would generally expect the process of cancelling a timeshare contract to take from 3-6 months, but there are exceptions of course. In some, rare cases there will be a specific set of conditions which enable us to conclude the cancellation much more quickly than this – and the process can sometimes take longer if the case is more complex or if the timeshare group/resort in question is known to be more obstructive than others.
It should also be noted that the associated claims which we may recommend, which will potentially lead to compensation for mis-selling, unfair timeshare practices and so on, will also take a varying length of time to conclude.
What is certain is that, the sooner you start the process, the sooner you will have peace of mind. It is also well worth noting that, as soon as they’ve taken the first step, many of our customers tell us that they had been putting it off and only wish they had done it earlier!
For many of our customers, by far the most important consideration is the relinquishment of their timeshare contract and freedom from ongoing maintenance fee liabilities. However, the good news is that, if you would like us to do so, there are and ever-increasing number of legal precedents around timeshare mis-selling that we can pursue in terms of potentially claiming money back in relation to your timeshare. This includes:
We have enjoyed considerable success in these area on behalf of our customers and have often been responsible for claims which have produced 5 figure settlements.
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
Our practice areas include Business law, employment and labor law, intellectual Property, matrimonial and family law, real Estate Law and health Care Law
"I have had the pleasure of working with a lawyer of the law firm who is knowledgeable, responsive, and easy to communicate with. I would recommend him"
"I have had the pleasure of working with a lawyer of the law firm who is knowledgeable, responsive, and easy to communicate with. I would recommend him"
"I have had the pleasure of working with a lawyer of the law firm who is knowledgeable, responsive, and easy to communicate with. I would recommend him"
TSX Global provides a very fast and responsible timeshare advice legal service.
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