Timeshare compensation can seem like a complex subject at first. Finding out whether your timeshare contract is entirely legal and, if not, whether you’re entitled to compensation can involve a fair amount of research. However, for those who are prepared to put the time in, the rewards can be well worth the effort.

“The courts aren’t afraid to stand up for timeshare owners’ rights and award them compensation where contracts are found to be illegal. Owners who take the time to do their research can find themselves free of their onerous timeshare contracts and due a decent amount of compensation.”

Jodi Beard, Timeshare Compensation

The first step in any potential claim is to find out whether or not the timeshare contract in question could be deemed illegal. If the contract is for a ‘floating weeks’ product or lasts ‘in perpetuity’ (or for a period of more than 50 years), there’s a strong likelihood the courts will rule it to be illegal. The same is true of contracts where money was handed over during the cooling off period.

“If you feel your contract has grounds to be considered illegal, it’s time to talk to the experts. You will also need to put in some research time and find all records relating to the contract – both when it was first set up and during the life of the contract thereafter.”

Belinda Rollins, Timeshare.lawyer

Money is also awarded where the resorts have arranged financial loans on your behalf and been paid directly. This is deemed illegal and not only is the full loan amount refunded, but any future debt payable is cancelled.

Once the details of the purchase are to hand, it’s time to use a compensation calculator to find out how much could realistically be awarded. Timeshare Compensation’s online Timeshare Compensation Calculator uses data in order to give owners the most accurate estimate possible of what they might be due. This can provide a guide for owners as to whether making a claim could be worth the amount of time and effort they would invest in the legal action.

“Making a compensation claim isn’t a quick process. It can take months for the full process to conclude and a lot correspondence is required. Persistence in fighting and arguing the case is paramount. However, we do all this work and update the client at every stage, the results and monies awarded can be astounding and well worth the effort.”

Jodi Beard, Timeshare Compensation

For more information, please visit www.TimeshareCompensation.co.uk, call 0800 046 5855 or email Info@TimeshareCompensation.co.uk.

Timeshare Compensation and Timeshare.lawyer are a trading names of Advanced Business Consultants Legal SL.

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