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Reasons It’s Smart to Hire a Lawyer to Cancel your Timeshare About 7{c5af7dfcac74c6fe30f917948b7a3c799c460c768962769cd460a3bd41500ead} of households in the United States own a certain type of timeshare product and that number goes on to show how popular this type of property ownership is, at least in this part of the world. But it’s no secret that a large part of that percentage are households or families that earn an annual income of at least $100,000. There’s no denying that there are perks and benefits if you invest in timeshares, and this is quite true for people who have the money to spare to pay for them. But the thing is it’s also an open secret that many people, right after several months of paying the costs, realize that they no longer are interested in continuing and honoring their investment in their timeshares. Well, the fact that you’re here means you probably are one of those people who wants a safe and legal way out. As the financial responsibilities, i.e., interests, maintenance fees, and other costs begin to pile up, you come to the realization that your investment is actually becoming quite overwhelming. To get that much needed relief, you need to hire competent and highly experienced timeshare exit attorneys. Here are the reasons why you should: 1 – The first reason why you need a lawyer is because the laws that apply to timeshare cancellations may vary from one state to another. The problem most people have with their timeshare investments is that they likely may have purchased one in another state different from where they reside. You therefore need to tap the services of a well-informed and competent lawyer who knows a thing or two about your case, more specifically on the rescission period and other pertinent laws.
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2 – It helps to have an expert come up with the letter for the cancellation of your timeshare contract. Of course, the fact that you are terminating a legally signed and existing contract means that it needs to be done in writing. But the problem is you’re not just writing a typical letter. A lawyer will be the one to assist you in creating an error-free letter and with substance. The most important content in that letter is the cancellation statement, and you can’t mess it up.
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3 – By hiring a lawyer once you decide to get out of your timeshare, you give yourself protection against the harassment from debt collectors. Because pending payments and fees are expected during the course of the cancellation, debt collectors will surely be demanding you to settle your obligations, and they can be very persistent and in turn will cause you unnecessary stress. If you have a lawyer defending you, those collectors will eventually back down, especially once you realize you actually are protected by the Fair Debt Collection Practices Act, which specifically states that you can’t be harassed in any way by debt collectors.