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How it works

Get Out of a Timeshare & Cancel Your Contract Safely

Want to get out of a timeshare and cancel your contract safely?

Fill out the form to see if your resort qualifies!

STEP 1

Free Consultation

Fill out our form and a representative will promptly give you a call so that we can learn more about your timeshare and qualify you. Xtimeshares only works with specific clients we know we can help. Rest assured, we won't take you on as a client if we don't think we can help you.

STEP 2

Account Review

Your assigned qualification specialist will create your file and assist you in having your account approved for a guaranteed cancellation!

STEP 3

Account Resolution

Our Resolution Department works to have your timeshare permanently terminated. You are assigned a world leading cancellation expert based here in the USA who will work with you to terminate your timeshare for good.

STEP 4

Termination Complete!

Congratulations! You are now timeshare free. You will receive confirmation from your Resolution Expert that your timeshare has been successfully terminated.

Introduction

Are you feeling trapped in your timeshare? You're not alone. Many owners find themselves searching for ways to escape the burdensome contracts and financial commitments associated with timeshare ownership. Whether you're facing mounting maintenance fees, regret your purchase, or are struggling with the impact on your credit report, understanding how to get out of a timeshare is crucial. This comprehensive guide will provide you with the insights and strategies you need to successfully navigate the process and regain your financial freedom.

Understanding Timeshare Contract

Timeshare contracts are often complex and binding, making it difficult for owners to extricate themselves from their agreements. Many contracts include clauses that make cancellation challenging, if not seemingly impossible. However, knowing your options can be the first step in freeing yourself from this financial burden.

How to Get Out of a Timeshare Contract

The process of getting out of a timeshare contract involves several steps. The key is to act quickly and understand your rights. Here's how:

  1. Review Your Contract for Rescission Clauses:
    • Many contracts include a rescission period during which you can cancel the agreement without penalties. This window is usually short, often only a few days, so it's crucial to act fast if you're within this period.
  2. Seek Professional Help:
    • If you're past the rescission period, consider contacting a timeshare exit company. These professionals specialize in helping owners like you get out of their contracts legally.
  3. Negotiate Directly with the Timeshare Company:
    • Sometimes, direct negotiation with the timeshare company can lead to a settlement that allows you to exit the contract. Be prepared to present your case clearly and persistently.
  4. Consider Legal Action:
    • If all else fails, consulting with a lawyer who specializes in timeshare law may be necessary. Legal action can be costly, but it might be the only option in some cases.

How to Get Out of a Timeshare Yourself

If you prefer a DIY approach, there are still options available to you:

  1. Stop Paying Maintenance Fees:
    • Some owners choose to stop paying their maintenance fees as a way to force the timeshare company to take action. While this might result in negative marks on your credit report, it can be an effective way to initiate contract termination discussions.
  2. Sell or Transfer Your Timeshare:
    • You can try to sell your timeshare on the resale market, though this can be difficult due to the oversaturated market. Alternatively, some owners successfully transfer their timeshare to a new owner.
  3. Donate Your Timeshare:
    • Donating your timeshare to a charity might be an option, though it's becoming increasingly difficult as many charities no longer accept these donations due to the associated liabilities.

How to Remove Timeshare from Your Credit Report

If your timeshare has already affected your credit, it's important to address this as soon as possible:

  1. Dispute the Charges:
    • Contact the credit bureaus to dispute any incorrect or unfair charges related to your timeshare.
  2. Work with a Credit Repair Company:
    • A reputable credit repair company can help you navigate the process of removing negative marks associated with your timeshare from your credit report.
  3. Pay Off the Debt:
    • If possible, paying off the outstanding debt might be the quickest way to remove the timeshare from your credit report. Ensure that the timeshare company agrees to remove the negative marks once the debt is settled.

How to Avoid Timeshare Scams

Unfortunately, the timeshare industry is rife with scams, especially when it comes to exit strategies. Here's how to protect yourself:

  1. Avoid Upfront Fees:
    • Legitimate timeshare exit companies typically do not require large upfront payments. Be wary of any company that asks for a significant amount before providing services.
  2. Check for Licensing and Accreditation:
    • Ensure that the company you’re working with is properly licensed and accredited by reputable organizations.
  3. Read Reviews and Testimonials:
    • Research the company’s reputation online. Look for reviews and testimonials from other customers to gauge their legitimacy.

Conclusion

Getting out of a timeshare contract is not an easy task, but it is possible with the right knowledge and approach. Whether you're looking to get out of a timeshare for free, remove it from your credit report, or avoid future scams, understanding your options and acting decisively can help you regain control of your financial future. Don’t let your timeshare become a permanent burden—explore your exit options today and take the first step towards freedom.

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Real People. Real Exits.
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There are a lot of scammy companies making false claims. We’re not one of them! See what satisfied clients are saying on Google and the Better Business Bureau about Xtimeshares.com

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"Don’t consider going anywhere else! All the legal documentation was prepared for us and the process was super simple to get out from under our nightmare timeshare."

MATT & MARTHA MCBRIDE

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"A friendly agent gathered our information in a half hour, qualified us and gave us three options. We legally ended our timeshare quicker and less painful than we ever imagined."

TRENT & SHERRY KARVER

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"Della and I were both losing sleep over our ever increasing maintenance payments. We’re so grateful we found you guys and now have a sense of calm back in our lives."

JOHN & DELLA

Got Questions?

We've got some answers for you!

What are my options for getting out of a timeshare contract?

You can exit a timeshare contract by utilizing the rescission period, negotiating directly with the timeshare company, working with a timeshare exit company, or seeking legal assistance. Each option has its own set of steps and considerations.

Can I get out of a timeshare for free?

It is possible to get out of a timeshare for free during the rescission period or by negotiating directly with the timeshare company. However, once the rescission period passes, exiting the contract may involve additional costs or professional assistance.

How do I remove a timeshare from my credit report?

You can remove a timeshare from your credit report by disputing inaccurate charges, working with a credit repair company, or settling the debt with the timeshare company and ensuring they agree to remove the negative marks from your credit report.

What happens if I stop paying my timeshare maintenance fees?

Stopping payments on your timeshare maintenance fees can lead to penalties, potential legal action, and negative marks on your credit report. However, in some cases, it may initiate discussions for contract termination with the timeshare company.

Can I sell or transfer my timeshare to someone else?

Selling or transferring a timeshare is possible, but it can be challenging due to the saturated resale market. Some owners successfully transfer their timeshare to another party, while others may struggle to find a buyer.

How can I avoid scams when seeking help to get out of a timeshare?

To avoid scams, be wary of companies that require large upfront fees, verify their licensing and accreditation, and thoroughly research their reputation by reading reviews and testimonials from other customers.

Is it possible to rescind a timeshare contract after the rescission period has ended?

Once the rescission period has passed, canceling a timeshare contract becomes more difficult, but not impossible. You may need to explore options such as negotiation, legal action, or professional exit services to successfully terminate the contract.