Our largest outcome in the previous week came from the case against Anfi Sales and Anfi Tauro. The contract lacked sufficient determination to satisfy the law. The judge included in the decision that the amount to be reimbursed to the client must be increased with the interests they have paid in the loan as they paid through instalments, plus the legal interests. We are pleased to say that the total money awarded here was £37,476.
Another very successful case last week was against CLC Resort Development and CLC Paradise Trading, with the outcome of £31,784 in monies awarded and that number may yet be still to grow. This is an excellent victory: the judge declared the nullity of the contract (under law 4/2012) as well as declaring the loan contract with Hitachi null because the contracts are linked. The refund amount will be the total amount paid to Hitachi with the interests, which were included through paying instalments, and legal interests.
There were three more against CLC Sucursal totalling £37,036, two cases against Tasolán with an accumulated value of £14,322 and one against Explotación Hotelera with £10,400 in monies awarded.
In addition to our substantive cases, we’ve had much success with our jurisdiction cases too. Seventeen favourable jurisdiction judgements against CLC in total. Contractual names including; CLC Paradise Trading, CLC Continental Resorts and CLC Sucursal.
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”