Timesharescam.com Review

Based on looking at the website, Timesharescam.com, which operates as “Mexican Timeshare Solutions,” presents itself as a company dedicated to helping individuals cancel timeshare contracts, especially for those who feel they were scammed or can no longer afford their payments.

While the site highlights a “No Upfront Payments” policy and claims a “100% Cancellation Rate,” the very nature of timeshares and the cancellation industry itself warrants extreme caution.

From an ethical perspective, timeshares often involve complex, long-term financial commitments that can become a significant burden.

The concept of extricating oneself from such contracts, while sometimes necessary, can attract less scrupulous operators.

Overall Review Summary:

0.0

0.0 out of 5 stars (based on 0 reviews)

Excellent0%

Very good0%

Average0%

Poor0%

Terrible0%

There are no reviews yet. Be the first one to write one.

Amazon.com: Check Amazon for Timesharescam.com Review
Latest Discussions & Reviews:

Service Offered: Timeshare contract cancellation, particularly for victims of scams.
Key Claim: “No Upfront Payments,” “100% Cancellation Rate.”
Experience Claimed: 25 years in business, over 13,500 contracts cancelled.
Ethical Standing: While the service aims to help individuals out of difficult financial situations, the timeshare industry itself, and thus any service built around its problematic aspects, should be approached with significant wariness. The underlying issue of timeshare contracts often involves elements of gharar excessive uncertainty and potentially riba interest in their financing structures, which are not permissible. Therefore, even a service purporting to help might inadvertently normalize or deal with transactions that are fundamentally questionable from an ethical standpoint.
Website Transparency: Provides clear contact information, testimonials, and a resort blacklist.
Recommendation: Due to the inherent issues with timeshares themselves and the potential for scams within the timeshare exit industry, we highly recommend extreme caution and avoidance of timeshare investments and, by extension, any services that deal with their cancellation. The core problem lies in the nature of the timeshare product, which often traps individuals in long-term, burdensome financial obligations.

The timeshare industry, in general, is plagued with complaints ranging from high-pressure sales tactics to misrepresentation of costs and benefits. Individuals often find themselves locked into contracts they cannot afford or no longer want, leading to significant financial distress. While Timesharescam.com positions itself as a solution, the best approach is to avoid the problem altogether. Engaging with timeshares, even with the intention of later canceling, is like wading into a murky pond. The financial and emotional toll can be substantial, and seeking a “solution” often means incurring further costs or dealing with complex legal battles. The initial investment in a timeshare can be seen as an engagement in a transaction with excessive uncertainty gharar and often involves interest-based financing riba, both of which are not permissible. Therefore, seeking a service to exit such a contract, while seemingly helpful on the surface, still revolves around a fundamentally problematic transaction.

Best Alternatives to Timeshare-Related Services Focus on Ethical Wealth Management & Travel:

Instead of dealing with the complexities and ethical ambiguities of timeshares and their cancellation, focus on transparent, ethical, and flexible approaches to travel and financial management.

Ethical Investment Platforms: Focus on Sharia-compliant investments that grow your wealth through permissible means. Look for platforms that screen investments for adherence to ethical guidelines, avoiding interest-based instruments, and industries like gambling, alcohol, or conventional finance. This allows you to save and invest responsibly for future travel experiences without predatory contracts.
Vacation Rental Services: Use services like Airbnb, Vrbo, or Booking.com for flexible accommodation. You pay only for what you use, without long-term commitments, maintenance fees, or the hassle of reselling. This offers complete control and no hidden costs.
Halal Travel Agencies: For a curated experience, consider agencies specializing in halal travel. They often offer packages that respect ethical considerations, ensuring your travel aligns with your values. These services are transparent and focus on experiences rather than ownership.
Budgeting & Financial Planning Tools: Apps like Mint or YNAB You Need A Budget can help you manage your finances, save effectively for travel, and avoid getting into debt. This empowers you to fund your travel desires through savings rather than complex financial products.
Travel Rewards Credit Cards Halal Alternatives: While conventional credit cards often involve interest, explore halal credit card alternatives or use debit cards. Focus on earning travel points through responsible spending, not through accumulating debt. Some banks offer credit cards based on commodity murabaha or other permissible structures.
Travel Insurance Takaful Based: Instead of conventional insurance, look for Takaful-based travel insurance. This cooperative system shares risks ethically among participants, avoiding interest and uncertainty.
DIY Travel Planning Resources: Utilize websites like Google Flights, Skyscanner, and various travel blogs e.g., Nomadic Matt to plan your trips independently. This gives you complete control over your itinerary and budget, ensuring you get the best value without intermediaries.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Timesharescam.com Review & First Look

Based on an initial review of the Timesharescam.com website, it’s clear the platform positions itself as a crucial resource for individuals entangled in timeshare agreements, particularly those feeling defrauded.

The website, operating under the name “Mexican Timeshare Solutions,” immediately highlights a promise of “no upfront fees” and a “100% cancellation rate,” which are bold claims designed to attract desperate timeshare owners.

Initial Impressions and Claims

The homepage immediately presents a strong call to action: “Cancel your timeshare with no upfront fees” and “If you are a victim of timeshare scam, we can help you.” This direct approach targets a specific pain point.

They boast significant numbers: “+13500 Contracts cancelled,” “+25 Years of experience,” and “15 Highly trained professionals.” These statistics aim to build immediate trust and credibility.

However, it’s worth noting that while these numbers are impressive, without independent verification or detailed breakdowns, they remain just claims on a website. Londonhouseshare.net Review

The Underlying Problem: Timeshares

Before deeper into Timesharescam.com, it’s essential to understand the inherent issues with timeshares themselves.

A timeshare is typically a right to use a vacation property for a specific period each year.

While it sounds appealing, the reality often diverges significantly from the marketing pitch.

High-Pressure Sales: Timeshare presentations are notorious for aggressive, hours-long sales pitches that often employ manipulative tactics.
Hidden Costs: Beyond the initial purchase price, timeshare owners face annual maintenance fees that can escalate significantly, special assessments, and property taxes. These fees often increase faster than inflation.
Lack of Flexibility: While exchange programs exist, securing desired dates or locations can be difficult, leading to frustration and underutilization.
Resale Market Challenges: Timeshares are notoriously difficult to sell. The resale market is often flooded, and properties typically sell for a fraction of their original purchase price, if at all. Many timeshare owners even resort to giving them away.
Financial Burden: The cumulative cost over decades can be astronomical, often exceeding the cost of renting comparable accommodations or even purchasing a vacation home outright. The financial obligations can easily become a burden, especially for those on fixed incomes or facing unexpected life events.
Ethical Concerns: From an ethical standpoint, the timeshare model often involves elements of gharar excessive uncertainty due to fluctuating fees and difficulty in resale, and riba interest if financed conventionally. These elements render timeshares, and by extension, services dealing with their problematic nature, as highly questionable.

Timesharescam.com Features Limitations Due to Timeshare Nature

While Timesharescam.com offers specific services, it’s important to frame these features within the context of the underlying problem: timeshares themselves are often problematic.

Therefore, the “features” of such a cancellation service are more about mitigation of a bad situation rather than offering a truly beneficial product. Fakediploma58.com Review

No Upfront Payments and Contingency Plans

One of the most prominent features advertised is the “No Upfront Payments” policy.

The website states, “If we cancel your timeshare contract, we get paid.

If not, you pay nothing.” This contingency-based payment structure is a significant draw, especially for individuals who have already lost substantial money on their timeshare and are wary of further financial risk.

Benefit: Reduces financial risk for the client.
Mechanism: Suggests the company is confident in its ability to deliver results, as their payment is directly tied to success.
Caveat: While appealing, the exact terms and conditions of this contingency plan should be thoroughly scrutinized. What constitutes a “cancellation”? Are there any hidden fees or charges before a full cancellation is achieved?

Recovery of Down Payment

The website claims, “Recover Your Down Payment.

You have worked hard for your money and we’ll strive to get a refund for you.” This feature targets one of the most painful aspects for timeshare victims: the loss of a significant upfront investment. Rjbodywear.com Review

Appeal: Offers hope for recouping lost funds.
Difficulty: Recovering money from timeshare developers can be extremely challenging, often involving complex legal processes and negotiations. The success rate for such recoveries is not uniform across all cases. According to a study by the American Resort Development Association ARDA, only a small percentage of timeshare exit companies actually achieve monetary refunds for clients.
Transparency: The website does not detail the specific strategies or legal avenues they employ for down payment recovery, which is a crucial piece of information.

Credit Score Protection

“Protect Your Credit Score.

Contact us today to ensure that you maintain an impeccable credit rating.” This feature addresses a common concern for timeshare owners who consider stopping payments, which could severely damage their credit.

Importance: A damaged credit score can impact future loans, housing, and even employment opportunities.
Mechanism: Implies that the company’s intervention can prevent negative reporting to credit bureaus. This usually involves communication with timeshare companies and credit agencies.
Reality Check: Stopping payments, even with a timeshare exit company’s assistance, carries inherent risks. Creditors may still report delinquencies, and resolving these issues can take time. The Federal Trade Commission FTC warns consumers that some exit companies may advise clients to stop paying, which can lead to foreclosure and severe credit damage.

Immediate Payment Stoppage

“Stop Payments Immediately. Stop wasting money on an unwanted timeshare.

Hire our services today and put an end to those payments.” This provides immediate relief from ongoing financial drain.

Psychological Relief: For many, the monthly or annual fees are a constant reminder of a bad decision.
Risks: Advising clients to stop payments can be a contentious issue. While it might be a strategy in some cases, it can also expose the client to default, foreclosure, and legal action from the timeshare developer. According to AARP, consumers should be wary of any company that advises them to stop paying their timeshare maintenance fees immediately.
Legal Implications: The legality of unilaterally stopping payments varies by contract and jurisdiction. A reputable timeshare exit company should clearly explain these risks and offer sound legal advice.

Blacklist of Timeshare Resorts

The website features a “Resort blacklist” which acts as an “open forum for timeshare owners to share their personal experiences with scam resorts.” This community aspect adds a layer of perceived transparency and shared experience. Laptopscreenonline.com Review

Community Value: Allows potential and current timeshare owners to read about others’ experiences and identify problematic resorts.
Information Source: Can be a useful, albeit user-generated, database of complaints.
Influence: The site explicitly states, “our staff at Mexican Timeshare Solutions does not influence the comments listed on this blog,” which suggests an attempt at neutrality.
Data: The blacklist provides complaint counts for specific resorts, e.g., “ROYAL HOLIDAY / PARK ROYAL Timeshare COMPLAINTS 575 complaints.” This quantifiable data, if accurate, can be compelling.

Timesharescam.com Cons Limitations & Ethical Considerations

While Timesharescam.com attempts to present a solution, the inherent nature of timeshares and the timeshare cancellation industry itself introduces significant cons and ethical considerations.

The core problem lies in the timeshare product itself, which is often riddled with financial uncertainty gharar and potential for interest-based financing riba, both of which are not permissible.

Therefore, dealing with this industry, even as a “solution,” remains problematic.

Ethical Ambiguity of Timeshares

The fundamental issue is the concept of timeshares. They often involve:

Excessive Uncertainty Gharar: The future value of the timeshare, the fluctuating maintenance fees, and the difficulty of resale all contribute to a high degree of uncertainty. This uncertainty is generally discouraged in financial transactions.
Interest-Based Financing Riba: Many timeshare purchases are financed through loans that involve interest. Engaging in transactions with riba is strictly forbidden.
Lack of Tangible Benefit: Often, the benefits of a timeshare do not outweigh the long-term financial burden and restrictions. Individuals typically pay far more over the lifetime of a timeshare than they would for comparable vacation rentals.

Potential for Further Financial Loss

While Timesharescam.com claims “no upfront fees,” the timeshare exit industry, in general, has been a hotbed for scams. Staydanfreightservices.com Review

The Federal Trade Commission FTC and various state attorneys general have issued numerous warnings about companies that promise timeshare cancellation but then charge exorbitant upfront fees and deliver no results.

Even with a “no upfront fee” promise, it’s critical to understand the full cost and success rate.

Hidden Costs: Are there any indirect costs, administrative fees, or charges for initial consultations that aren’t clearly disclosed?
Success Rate Verification: While they claim 100% cancellation, verifying this independently is challenging. How many cases were genuinely cancelled vs. simply resolved through other means e.g., developer buybacks for a nominal fee or foreclosure?
Duration of Process: The cancellation process can be lengthy, and even if successful, the client might incur costs related to continued payments while the process is ongoing, or legal fees if the situation escalates.

Lack of External Verification

The statistics provided on the homepage +13500 Contracts cancelled, +25 Years of experience, 100% Cancellation Rate are impressive but lack independent verification.

There’s no readily available third-party audit or public record to confirm these claims.

Self-Reported Data: Relying solely on self-reported data from the company’s website is not sufficient for a comprehensive review.
Absence of Industry Certifications: While not mandatory, the absence of certifications from recognized consumer protection organizations or industry associations specializing in ethical timeshare exit could be a concern.

The Problematic “Resort Blacklist”

While the blacklist offers a forum, it’s primarily user-generated content. Lourdesmckeen.org Review

Unverified Claims: Comments on an “open forum” are not necessarily verified for accuracy.
Bias: While the site claims “staff… does not influence comments,” the overall context of the website is to highlight timeshare scams, which might encourage negative sentiment.
Limited Scope: It focuses only on Mexican resorts, and in some cases, the USA, limiting its utility for owners of timeshares elsewhere.

Limited Transparency on Methodology

The website does not provide detailed information on how they achieve the cancellations. Are they primarily engaged in negotiation, legal action, or other methods? This lack of transparency can make it difficult for a consumer to assess the legitimacy and effectiveness of their approach.

Legal Expertise: Do they have in-house legal counsel or partner with external law firms? This is crucial for navigating complex contract laws.
Negotiation Tactics: What are their strategies for negotiating with timeshare developers, who are often formidable entities with significant legal resources?

Regulatory Scrutiny of the Timeshare Exit Industry

The timeshare exit industry has faced significant regulatory scrutiny, with numerous law enforcement actions against fraudulent companies.

This background casts a shadow over any company operating in this space, even those claiming ethical practices.

FTC and State Warnings: Consumers are frequently warned to be skeptical of companies that demand large upfront fees, guarantee cancellation, or advise stopping payments immediately.

Timesharescam.com Alternatives Focus on Ethical Wealth Management & Travel

Given the inherent ethical and financial complexities surrounding timeshares and the industry that tries to “fix” them, the most ethical and sound alternatives involve avoiding timeshares altogether and focusing on permissible, transparent, and flexible ways to manage wealth and enjoy travel. The goal is to avoid the gharar uncertainty and riba interest associated with timeshares.

1. Ethical Investment Platforms

Description: Instead of tying up capital in a depreciating asset like a timeshare, invest your money ethically in Sharia-compliant funds or instruments. These platforms screen investments to ensure they avoid industries like alcohol, gambling, conventional finance, and ensure transactions are free from interest. Teacupandcakes.com Review

Key Features: Portfolio diversification, regular returns, liquidity compared to timeshares, adherence to ethical principles, professional management.
Pros: Builds long-term wealth, aligns with ethical values, provides financial flexibility for travel, no maintenance fees.
Cons: Market fluctuations, requires patience and understanding of investment principles.
Examples: Amana Mutual Funds, Wahed Invest, Sharia-compliant ETFs available through traditional brokerage accounts.

2. Vacation Rental Services

Description: Utilize platforms that allow you to rent properties for specific periods without any ownership obligations or long-term commitments. This offers unparalleled flexibility and cost control.

Key Features: Wide range of properties globally, varying price points, reviews and ratings, instant booking.
Pros: Pay only for what you use, no maintenance fees, complete flexibility in location and dates, no long-term contracts, transparent pricing.
Cons: Availability can be an issue during peak seasons, prices can fluctuate.
Examples: Airbnb, Vrbo, Booking.com.

3. Budgeting & Financial Planning Tools

Description: Empower yourself with tools to manage your finances effectively, save for travel, and avoid debt. These tools help track income and expenses, set financial goals, and create a roadmap for achieving them without resorting to restrictive financial products.

Key Features: Expense tracking, budget creation, goal setting, net worth tracking, customizable categories.
Pros: Promotes financial discipline, helps achieve saving goals, reduces financial stress, avoids debt.
Cons: Requires consistent input and discipline, initial setup can take time.
Examples: You Need A Budget YNAB, Mint, Personal Capital.

4. Halal Travel Agencies & Tour Operators

Description: These agencies specialize in curating travel experiences that align with ethical values. They ensure accommodations, food, and activities are permissible, providing peace of mind and culturally sensitive travel options.

Key Features: Customized itineraries, group tours, specific prayer facilities, halal food options, family-friendly environments.
Pros: Tailored to ethical needs, hassle-free planning, community aspect for group tours, supports ethical tourism.
Cons: May be slightly more expensive than self-planned trips, limited destination options with some specialized agencies.
Examples: HalalTrip, Muslims Go Travel, searching for “Halal Travel Agencies” specific to your region.

5. DIY Travel Planning Resources

Description: Take control of your travel by using online resources to book flights, accommodations, and activities directly. This approach bypasses intermediaries and allows for maximum customization and often, cost savings. Kewi.com Review

Key Features: Flight comparison engines, hotel booking sites, activity planners, travel blogs for inspiration and tips.
Pros: Complete control over itinerary, often more cost-effective, fosters self-reliance, no long-term commitments.
Cons: Requires time and effort for research and planning, responsibility for all aspects of the trip rests with you.
Examples: Google Flights, Skyscanner, Lonely Planet Guides, Rick Steves Travel Guides.

6. Sharia-Compliant Financing for Homeownership

Description: Instead of investing in a timeshare, consider directing your savings towards ethical homeownership. Sharia-compliant financing options, such as Murabaha or Musharaka, avoid interest and allow for equitable ownership structures. This provides a tangible, appreciating asset rather than a depreciating usage right.

Key Features: No interest payments, joint ownership models Musharaka or cost-plus financing Murabaha, real asset acquisition.
Pros: Builds equity, provides stable housing, avoids riba, often a better long-term investment than a timeshare.
Cons: Requires significant financial commitment, less liquid than other investments, availability may vary.
Examples: Contact specialized Islamic banks or financial institutions like Guidance Residential or search for “Islamic home financing” providers in your area.

7. Education on Financial Literacy & Scam Avoidance

Description: Arm yourself with knowledge to make informed financial decisions and identify potential scams. Understanding how to manage money, recognize red flags in investment schemes, and identify predatory sales tactics is the best defense.

Key Features: Courses, books, and workshops on personal finance, investment principles, consumer rights, and fraud prevention.
Pros: Empowers individuals, prevents financial losses, promotes sound decision-making, lifelong learning.
Cons: Requires time commitment, information overload can be a challenge.
Examples: Books like The Total Money Makeover by Dave Ramsey focus on debt-free principles, resources from the Consumer Financial Protection Bureau CFPB or the Federal Trade Commission FTC.

How to Avoid Timeshare Scams from the Outset

The best defense against timeshare scams, and by extension, the need for services like Timesharescam.com, is to simply avoid timeshares entirely.

The industry is rife with deceptive practices, and the underlying financial model often relies on uncertainty gharar and interest riba, making it inherently problematic from an ethical standpoint. Here’s how to navigate away from such pitfalls.

Reject High-Pressure Sales Tactics

Timeshare presentations are infamous for their aggressive, high-pressure sales environments. Paperplus.eu Review

These sessions often last for hours, involve multiple salespeople, and are designed to wear down resistance.

Never Make an On-the-Spot Decision: No legitimate investment or purchase requires an immediate decision. Always take the contract home to review it thoroughly, ideally with an independent legal or financial advisor.
Be Skeptical of “Now or Never” Offers: Salespeople often claim special discounts or bonuses are only available “today.” This is a classic tactic to prevent careful consideration. Recognize it as a red flag and walk away.
Don’t Fall for Freebies: Vacation packages, gift cards, or other incentives used to lure you to presentations are simply bait. The value of these freebies pales in comparison to the potential long-term financial burden of a timeshare.

Understand the True Costs

Timeshares are rarely a “good deal” financially.

The initial purchase price is just the tip of the iceberg.

Beyond the Purchase Price: Factor in annual maintenance fees, special assessments, property taxes, and exchange fees. These can escalate significantly over time. Research shows that maintenance fees increase by an average of 3-5% annually, outpacing inflation.
Depreciating Asset: Unlike real estate, timeshares are generally not appreciating assets. They are notoriously difficult to sell, and if you can, it’s often at a significant loss. In 2022, the average timeshare resale price was estimated to be only 10-15% of the original purchase price.
Financing Traps: Many timeshare developers offer in-house financing with extremely high interest rates, sometimes as high as 15-20% APR. This is a clear instance of riba and should be avoided at all costs. Always scrutinize the financing terms and avoid high-interest loans.

Research and Due Diligence

Before even considering a timeshare, conduct extensive independent research.

Check Regulatory Warnings: The Federal Trade Commission FTC, state Attorney Generals, and consumer protection agencies frequently issue warnings about timeshare scams and associated exit companies. For instance, the FTC has received tens of thousands of complaints related to timeshares.
Read Reviews, Critically: Look for independent reviews and complaints on consumer forums, the Better Business Bureau BBB, and financial review sites. Be wary of overly positive or generic reviews.
Understand the Contract: Timeshare contracts are complex legal documents. They often contain clauses about perpetual ownership, binding arbitration, and limitations on resale. Do not sign anything you don’t fully understand. Seek legal counsel if necessary.

Recognize Red Flags in Sales Pitches

Specific promises and statements during a timeshare presentation should trigger immediate suspicion. 2gether.schemeserve.com Review

“Investment” or “Appreciating Asset”: Timeshares are consumption products, not investments. They rarely appreciate and are difficult to sell.
“Easy to Rent Out”: While possible, renting out your timeshare is often more difficult and less profitable than salespersons claim.
“Tax Deductible”: Consult a qualified tax professional. Timeshare interest and fees are generally not tax deductible for most people.
“Developer Buyback Programs”: Be extremely skeptical of promises that the developer will buy back your timeshare. These programs are rare and often come with severe restrictions or a low payout.

By adhering to these principles and focusing on ethical financial practices and flexible travel options, individuals can entirely circumvent the problematic world of timeshares and avoid the need for costly and uncertain exit services.

The Ethical Implications of Timeshares and Their Cancellation

The very existence of Timesharescam.com, a service designed to help people escape timeshare contracts, underscores the deep ethical problems inherent in the timeshare industry itself.

From an ethical standpoint, particularly in a framework that prioritizes fairness, transparency, and freedom from exploitation, timeshares present significant concerns.

The Problem of Gharar Excessive Uncertainty

A core principle in ethical financial dealings is the avoidance of gharar, which refers to excessive uncertainty or risk in a transaction. Timeshares are often riddled with gharar:

Unpredictable Costs: Annual maintenance fees are subject to increases, special assessments can be levied unexpectedly, and the overall long-term financial commitment is difficult to precisely ascertain at the time of purchase. A survey by the Timeshare Users Group TUG found that maintenance fees have increased by an average of 4-6% annually over the last decade, often far exceeding inflation.
Illiquid Asset: The inability to easily sell a timeshare, and the drastic depreciation in value, introduces enormous uncertainty about the owner’s ability to recover their investment or exit the contract. Data from RedWeek, a timeshare rental and resale marketplace, shows that over 85% of timeshare resales occur for less than 10% of the original purchase price.
Vague Benefits: The promise of luxurious vacations can be undermined by limited availability, difficulty in booking desired dates or locations, and restrictions on exchange programs. The actual enjoyment of the timeshare often falls short of the initial sales pitch.

The Problem of Riba Interest

Many timeshare purchases are financed through loans, often provided by the timeshare developers themselves, which carry high-interest rates. Paintings-gallery.com Review

Prohibition of Interest: Any transaction involving riba is fundamentally problematic. These high-interest loans trap individuals in cycles of debt, extracting wealth without a corresponding equitable exchange. Timeshare loan interest rates can often range from 12% to over 20% APR, significantly higher than conventional mortgages or personal loans.
Exploitation: The high interest rates can be seen as exploitative, preying on individuals who may not have immediate access to capital or who are swayed by aggressive sales tactics.

Deceptive Sales Practices and Exploitation

The timeshare industry has a well-documented history of deceptive sales practices, high-pressure tactics, and outright fraud.

Misrepresentation: Salespeople often misrepresent the investment potential, ease of resale, or the true costs of ownership.
Vulnerable Populations: Elderly individuals or those less financially savvy are often targeted, leading them into contracts they don’t fully understand or can’t afford. A 2021 report by the Better Business Bureau BBB detailed thousands of complaints against timeshare companies, many citing high-pressure tactics and misrepresentation.
Long-Term Burden: The perpetual nature of many timeshare contracts means that the financial burden can be passed down to heirs, creating a multi-generational problem. This perpetuates a financial obligation that is ethically questionable.

The Role of Cancellation Services

While a service like Timesharescam.com claims to help victims, its existence is a symptom of the underlying ethical decay in the timeshare industry.

Addressing a Symptom, Not the Cause: Such services address the consequence of unethical timeshare sales rather than preventing the initial problem. The most ethical approach is to educate people to avoid timeshares in the first place.
Potential for Further Harm: Even “legitimate” cancellation services operate in a gray area, and many consumers have reported being scammed by exit companies themselves, paying hefty fees for no results. The Federal Trade Commission FTC has received over 15,000 complaints annually related to timeshare exit scams. This means that attempting to escape one scam can lead to falling into another.

In conclusion, the ethical implications of timeshares are profound, touching upon principles of fairness, transparency, and freedom from exploitative financial practices.

The best approach is to avoid any engagement with timeshares and instead pursue transparent, ethical, and flexible alternatives for managing wealth and enjoying travel.

How to Cancel a Timeshare General Advice, Not Specific to Timesharescam.com

Canceling a timeshare contract is often a complex and arduous process, fraught with challenges. Legito.com Review

It’s crucial to understand that there’s no single “easy” way out, and the path depends heavily on when and how you purchased the timeshare, and the specific terms of your contract.

This general advice aims to equip you with knowledge, but it’s important to note that this is not an endorsement of any particular timeshare cancellation service.

1. Act Within the Rescission Period

The most straightforward way to cancel a timeshare is during the “rescission period” also known as the “cooling-off period”. This is a legally mandated window, typically ranging from 3 to 15 days though it can be up to 30 days in some states or countries, during which you can cancel the contract without penalty.

State Laws: Rescission laws vary by state and country. For example, Florida has a 10-day rescission period, while California has a 7-day period. Mexico’s federal consumer protection law PROFECO offers a 5-day cooling-off period for timeshares purchased there.
Immediate Action: If you regret a timeshare purchase, act immediately. Send a written cancellation notice via certified mail with a return receipt requested to ensure proof of delivery. Follow the exact instructions outlined in your contract for cancellation.
Documents: Keep copies of everything: the contract, your cancellation letter, and proof of mailing.

2. Contact the Resort/Developer Directly

If the rescission period has passed, your first step should be to contact the timeshare developer or resort directly.

While they are not obligated to release you, some developers offer legitimate exit programs or hardship programs, especially for owners who are current on their payments. Arccreative.net Review

Negotiation: Be prepared to negotiate. Explain your financial hardship or dissatisfaction. Some developers might offer a deed-back program, where you give the timeshare back to them, often for a fee.
Hardship Programs: For severe financial distress, some developers have programs to take back the timeshare, though this is rare and usually comes with conditions.
Beware of Resale Promises: If the developer offers to help you sell, be extremely cautious. This often involves referring you to a related company that charges upfront fees with little to no results.

3. Seek Legal Counsel Specialized in Timeshare Law

If direct negotiation fails, consulting with an attorney specializing in timeshare law may be necessary. Do not use a general practice attorney. timeshare law is a niche area.

Contract Review: An attorney can review your contract for any misrepresentations, fraud, or violations of consumer protection laws that could invalidate the agreement.
Litigation/Negotiation: They can represent you in negotiations with the timeshare company or, if necessary, initiate legal action.
Attorney Fees: Understand that legal fees can be substantial, often hundreds or thousands of dollars, regardless of the outcome. Always get a clear fee agreement in writing. Data suggests that legal battles can cost upwards of $10,000-$20,000, with no guaranteed outcome.

4. Understand Potential Consequences of Stopping Payments

Some timeshare exit companies advise owners to stop making payments.

This is a high-risk strategy with severe consequences.

Credit Score Damage: Stopping payments will almost certainly result in negative reports to credit bureaus, severely impacting your credit score for years.
Foreclosure: The timeshare company can foreclose on your timeshare, which is similar to a home mortgage foreclosure and will also negatively affect your credit.
Collections and Lawsuits: You may face aggressive collection efforts from the timeshare company or third-party debt collectors. They might also sue you for the outstanding balance, potentially leading to a judgment against you. According to the FTC, stopping payments on a timeshare can lead to a judgment lien on other assets.
Avoid Companies Advising This: Be highly skeptical of any timeshare exit company that immediately advises you to stop making payments without fully explaining the severe consequences.

5. Be Wary of Timeshare Exit Companies

The timeshare exit industry is plagued with scams.

While legitimate services exist, distinguishing them from fraudulent ones is difficult. Tyketoter.com Review

Upfront Fees: A major red flag is any company demanding large upfront fees before any service is rendered or results are achieved. The FTC and various states have taken legal action against companies doing this.
Guaranteed Cancellations: No company can guarantee a cancellation, as the outcome depends on many factors, including the specific contract and developer. Promises of “100% cancellation rates” are often misleading.
Misleading Information: Some companies claim to have a “secret formula” or special relationship with developers. Be skeptical of such claims.

Ultimately, preventing the need for timeshare cancellation services starts with avoiding timeshares entirely.

For those already in a contract, careful, informed action, possibly with legal counsel, is paramount.

Timesharescam.com Pricing Contextual Analysis

Based on the information provided on their homepage, Timesharescam.com, operating as Mexican Timeshare Solutions, explicitly states a “No Upfront Payments” policy.

This is a crucial element of their pricing model and a significant differentiator in an industry often criticized for charging exorbitant upfront fees.

“No Upfront Payments” – The Core Promise

The website prominently features the declaration: “No Upfront Payments. If we cancel your timeshare contract, we get paid. if not, you pay nothing.” This suggests a contingency-based fee structure, meaning the company only charges a fee upon successful cancellation of the timeshare contract. Routesnorth.com Review

Mechanism: This model aligns their financial incentive directly with the client’s success. If they don’t deliver, they don’t get paid. This can be very appealing to timeshare owners who have already lost money and are wary of further financial risk.
Transparency or Lack Thereof: While the “no upfront” part is clear, the website does not disclose the actual percentage or amount of the fee they charge upon success. This is a significant piece of missing information. Is it a percentage of the contract value? A flat fee? A percentage of any recovered funds? Without this detail, the full cost remains opaque until deeper into the consultation process.
Industry Context: The timeshare exit industry has been heavily criticized by consumer protection agencies for companies that charge large upfront fees often thousands of dollars and then fail to deliver any results. By explicitly stating “no upfront payments,” Timesharescam.com attempts to distance itself from these disreputable practices. In 2020, the FTC brought enforcement actions against several timeshare exit companies that collectively defrauded consumers of over $30 million in upfront fees.

What Does “Success” Mean?

The payment is contingent on them “cancell your timeshare contract.”

Defining Cancellation: It’s important for potential clients to understand what exactly constitutes a “cancellation.” Does it mean they are completely released from all future financial obligations maintenance fees, mortgages? Does it include recovering the down payment, as also advertised? Or does it mean something less, such as the timeshare developer simply agreeing to take back the deed without a refund? Clarity on this definition is vital to manage client expectations and assess the true value of the service.

Potential Other Costs or Contingencies Not Disclosed

Even with a “no upfront payment” model, there can be other potential costs or conditions that are not immediately apparent on the homepage:

Referral Fees: Do they refer clients to third-party attorneys or services, and do those entities have separate fee structures?
Administrative Fees: Are there any small administrative fees or costs for document preparation that might be charged even if the main cancellation fee is contingent?
Legal Costs if Litigation: If the process escalates to litigation though the website doesn’t explicitly state this as a primary method, who bears the cost of court fees, depositions, etc.?
Exclusions: Are there specific types of timeshare contracts or situations for which the “no upfront fee” policy does not apply?

Without a full disclosure of the contingent fee structure and a clear definition of what constitutes a successful cancellation, while the “no upfront” promise is appealing, the complete pricing picture remains somewhat opaque.

Potential clients would need to go through the “FREE Consultation” to get a detailed understanding of the actual costs if their case is taken on.

Timesharescam.com vs. Direct Action & General Legal Counsel

When considering how to address a problematic timeshare, comparing a specialized service like Timesharescam.com Mexican Timeshare Solutions against taking direct action or consulting general legal counsel reveals distinct advantages and disadvantages, especially when factoring in ethical considerations and financial prudence.

Timesharescam.com Specialized Service

Value Proposition: Focuses solely on timeshare cancellation, with claimed expertise and a “no upfront fee” model.

Pros:
- Specialization: They claim 25 years of experience and 13,500 contracts cancelled, suggesting deep knowledge of timeshare contracts and developer tactics. This specialization is crucial as timeshare law is complex.
- “No Upfront Fees”: This is their strongest selling point, significantly reducing financial risk for the client who has already lost money. Payment is contingent on success.
- Aggressive Stance: They appear to be willing to take on developers and leverage their expertise to achieve cancellation, potentially including efforts to recover down payments and protect credit scores.
- Convenience: For someone overwhelmed by the timeshare burden, outsourcing the complex cancellation process can be a huge relief.
- Blacklist Resource: Their public blacklist of resorts can be a valuable resource for other timeshare owners seeking information.
Cons:
- Ethical Concerns Indirect: While helping victims, the service still exists because of an inherently problematic industry. Engaging with any part of the timeshare ecosystem carries indirect ethical weight due to gharar and riba often being involved in the initial purchase.
- Lack of Full Transparency on Fees: While no upfront fees are stated, the actual success fee percentage or flat rate is not disclosed on the homepage. This vital information is missing.
- Verification of Claims: Their claims of “100% cancellation rate” and specific numbers +13500 contracts cancelled are self-reported and lack independent, verifiable audits.
- Potential for Delay: Even if successful, the cancellation process can be lengthy, during which time a client might still be dealing with continued payments or financial stress.
- Limited Scope: Primarily focuses on Mexican and some USA timeshares, limiting its utility for others.

Direct Action Self-Negotiation/Rescission

Value Proposition: Empowering yourself to resolve the issue, minimizing external costs.

*   Cost-Effective: If successful, this is the cheapest option, incurring minimal to no fees beyond postage.
*   Immediate Control: You maintain full control over the process and communication.
*   Best for Rescission: If you're within the rescission period, sending a certified letter is the fastest and most effective way to cancel, and it's something you can do yourself.
*   Ethical Purity: You're not engaging a third party that may have indirect connections to a problematic industry.

*   Limited Success Beyond Rescission: Once the rescission period passes, timeshare developers are often unwilling to release owners voluntarily, especially if they are current on payments.
*   Lack of Expertise: Most individuals lack the legal knowledge, negotiation skills, or understanding of timeshare contract nuances to effectively challenge a developer.
*   Emotional Toll: Dealing with timeshare companies can be incredibly frustrating and emotionally draining.
*   Risk of Errors: Incorrectly executed cancellation letters or failure to follow contract terms can invalidate attempts.

General Legal Counsel

Value Proposition: Professional legal advice and representation, but typically not specialized in timeshare law.

*   Professional Representation: A lawyer can provide sound legal advice and represent your interests.
*   Contract Review: They can scrutinize your contract for legal vulnerabilities.
*   Broad Legal Knowledge: Can advise on potential legal ramifications beyond the timeshare contract itself.

*   Lack of Specialization: Most general practice attorneys lack the specific expertise in timeshare law, which is a niche and complex area. They might have to learn on the job, which can be costly and less efficient.
*   High Costs: Attorneys typically charge hourly rates, which can quickly accumulate regardless of the outcome. This can be prohibitively expensive for many timeshare owners already in financial distress. Legal fees can easily run into thousands of dollars without a guaranteed resolution.
*   Less Aggressive Stance: A general attorney might not be as familiar with the aggressive negotiation tactics often required when dealing with timeshare developers.

Conclusion:

While Timesharescam.com’s “no upfront fee” model is appealing, the best ethical stance is to avoid the timeshare industry entirely due to its inherent gharar and riba issues. If already involved, the choice between a specialized service, direct action, or general legal counsel depends on the specific circumstances, financial situation, and willingness to take risks. For those within the rescission period, direct action is best. Beyond that, a specialized timeshare exit service with a transparent, contingency-based fee structure like Timesharescam.com claims to have might seem appealing but still requires thorough due diligence due to the problematic nature of the timeshare industry itself. General legal counsel is often too expensive and lacks the specific industry knowledge required.

FAQ

What is Timesharescam.com?

Timesharescam.com is the website for “Mexican Timeshare Solutions,” a company that claims to help individuals cancel their timeshare contracts, especially those who feel they were victims of timeshare scams.

Does Timesharescam.com charge upfront fees?

No, according to their website, Timesharescam.com Mexican Timeshare Solutions operates on a “No Upfront Payments” policy.

They claim to get paid only if they successfully cancel your timeshare contract.

What is the claimed success rate of Timesharescam.com?

Timesharescam.com claims a “100% Cancellation Rate” for the timeshare contracts they handle.

How many timeshare contracts does Timesharescam.com claim to have cancelled?

The website states that Mexican Timeshare Solutions has cancelled “over 13,500 Contracts.”

How long has Mexican Timeshare Solutions been in business?

Timesharescam.com’s parent company, Mexican Timeshare Solutions, claims to have “+25 Years of experience.”

Can Timesharescam.com help recover my down payment?

Yes, the website states they “strive to get a refund” for your down payment if they cancel your timeshare contract.

Does Timesharescam.com protect my credit score?

Yes, Timesharescam.com claims they can help “protect your credit score” by intervening to ensure you maintain an “impeccable credit rating.”

Can Timesharescam.com help me stop timeshare payments immediately?

Yes, the website suggests they can help you “Stop Payments Immediately” on an unwanted timeshare by hiring their services.

What is the Timesharescam.com Resort Blacklist?

The Resort Blacklist on Timesharescam.com is an open forum where timeshare owners can share their experiences and complaints about specific resorts, particularly in Mexico and some parts of the USA.

Are the complaints on the Resort Blacklist verified by Timesharescam.com staff?

No, the website explicitly states that “our staff at Mexican Timeshare Solutions does not influence the comments listed on this blog.” The resorts are ranked by the number of complaints received.

Why are timeshares considered problematic?

Timeshares are often problematic due to high-pressure sales tactics, hidden and escalating maintenance fees, difficulty in reselling, lack of flexibility in usage, and the common involvement of high-interest financing riba and excessive uncertainty gharar.

Is it ethical to invest in timeshares?

From an ethical perspective, timeshares are generally not recommended due to elements of excessive uncertainty gharar regarding future costs and resale value, and often involve interest-based financing riba, both of which are problematic.

What are better alternatives to timeshares for vacations?

Better alternatives include using ethical investment platforms to save for vacations, utilizing vacation rental services like Airbnb or Vrbo for flexible stays, or booking through halal travel agencies for ethical travel experiences.

What should I do if I just purchased a timeshare and regret it?

You should immediately check your contract for the “rescission period” cooling-off period, which allows you to cancel without penalty, typically within 3 to 15 days.

Send a written cancellation notice via certified mail with a return receipt.

Is stopping timeshare payments advisable?

Stopping timeshare payments can have severe consequences, including damage to your credit score, foreclosure, and potential legal action from the timeshare company.

It is a high-risk strategy that should only be considered after consulting with qualified legal counsel.

Are timeshare exit companies legitimate?

The timeshare exit industry has many fraudulent companies that charge large upfront fees and deliver no results.

While some legitimate services exist, it’s crucial to exercise extreme caution and verify their legitimacy, often by looking for “no upfront fee” models and strong verifiable reputations.

What questions should I ask a timeshare cancellation company?

Ask about their exact fee structure not just “no upfront”, what constitutes a “successful cancellation,” their methods negotiation, litigation, the potential risks involved especially to your credit, and verifiable testimonials or references.

How can I verify the claims of a timeshare cancellation company?

Look for independent reviews, check with consumer protection agencies like the Better Business Bureau BBB or state Attorney General’s office, and critically assess any “guarantees” or “100% success rates” as these are often misleading.

What is the primary ethical concern with timeshare cancellation services?

The primary ethical concern is that while they aim to help victims, their existence is a symptom of an inherently problematic industry. They deal with transactions that are often built on gharar uncertainty and riba interest, making the entire ecosystem questionable.

Where can I find ethical financial advice for travel and investments?

You can seek advice from certified financial planners who understand ethical investment principles, explore Sharia-compliant investment platforms, or consult educational resources on personal finance and scam avoidance from reputable government or educational institutions.