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How To Get Out Of A Timeshare

It doesn't take long for timeshare owners around the world to realize what a scam they've been duped into. It usually starts the same for each prospective client - a presentation to talk about the benefits of signing up for a timeshare, followed by hours of pressure and convincing by the timeshare developers' sales team. They make absurd comments that consist of phrases like "a timeshare is a great investment" or "you can always sell it later.” While your timeshare is considered real estate, you can't just list your timeshare hoping it will be sold. It's very seldom that a timeshare is purchased on the resale market, since they're not considered a good investment. The truth of the matter is that a timeshare purchase is a money pit that takes thousands of dollars right out of your personal finances.

So what are timeshare owners supposed to do to get rid of these vacation scams? While some research might suggest there are a few ways out, like testing the resale market or choosing to hire a lawyer, only one option is strategically effective – getting in touch with a timeshare exit company.

Timeshare exit companies can help owners on numerous levels. One benefit of a timeshare exit team can be the knowledge and experience they bring to the table when it comes to getting rid of a timeshare. If you sign up for a legitimate timeshare cancellation service, a few other benefits could include a money-back guarantee, an in-house process, staff that upholds an ethical standard, and a credit repair service after your termination. Let's take an in-depth look at what you should look for in a timeshare exit company.

The Attributes That Make Up A Solid Exit Team

With a lot of fraudulent exit teams out there, it's important to understand what you should look for in a cancellation company. These attributes will help you make tough decisions if you have more than one team you're considering. Being that very few companies have all of these traits, looking for them will help you in your search immensely.

Termination Or Your Funds Back

When merchants conduct business with clients there's no better way to instill confidence than to offer a full refund if the product or service doesn't work out. It's a win-win scenario for the customer. This is why a money-back guarantee should be a top priority when looking for a timeshare cancellation company. A company that offers a money-back program will usually set a length of time in which your agreement should be terminated. If the company doesn't deliver within that time frame, you will receive 100% of your money right back in your pocket.

Working From Within

Unfortunately, the timeshare cancellation industry has a lot of fraudulent exit teams. These phony companies advertise as if they're the best way to terminate your timeshare, when in all reality they just outsource your case to a third-party law firm. If you're going to pay for someone to do this you may as well just hire an attorney yourself. When doing your research, ask the company about the cancellation process. Is it executed internally? If so, then you're probably in safe hands.

Experience Is Everything

When trying to get rid of your timeshare it's important to sign on with someone who knows the ins and outs of the timeshare industry. Someone who knows what their talking about is a top priority when it comes to communicating back and forth with timeshare companies. A resort group isn't going to just take your timeshare back. Since you bought a timeshare, you are going to have to use the right language in letters and memos to ignite the take-back process. This is where an experienced timeshare cancellation professional will come in handy. You should never have to think to yourself, "this team might be able to get me out." Make sure to do your homework and find an exit team that has an established tenure in the industry and instills sure confidence in the process.

Previous Client Success

When any consumer is about to buy a good or service, they usually read reviews from past customers. You should do the same when searching for a timeshare exit team. You might come across some crucial information. These reviews, stories, and testimonials will give you a different outlook that you otherwise may not hear when requesting information from the company itself.

One company that checks all of these boxes is Wesley Financial Group, LLC. Their team members in the cancellation and resolution departments have successfully eliminated millions of dollars in timeshare debt for owners across the country. Having over a decade of experience in the timeshare cancellation industry, Wesley Financial Group, LLC can assure a 98% success rate for every case they take on. Their guarantee also goes further than the rest – if your timeshare isn’t canceled within the agreed-upon time frame, all of the money you paid goes right back into your pocket.

Why Is It So Hard To Get Out Of A Timeshare?

Much like any legal agreement, a timeshare can make any customer feel stranded. There are a lot of variables in play when it comes to calculating the degree of difficulty for canceling a timeshare. One of these variables is the length of time in which you've had the timeshare. The longer you've had the timeshare, the harder time you might have with the resort complying to your needs. Another aspect to consider is whether or not your timeshare unit is paid off.* If you're still making mortgage payments it could raise the amount of time it takes to get rid of a timeshare. While taking action against a timeshare company can be intimidating, it's better than any other walk-away methods or surrender programs. To better understand how to exit your timeshare and take back your financial freedom, let's take a closer look at a cancellation process that is used by a legitimate company like Wesley Financial Group, LLC.

The Journey To Timeshare Termination

Before your timeshare cancellation, you'll go through the standard steps that lead to the termination of your timeshare agreement. This multi-step model allows you to have confidence that your timeshare exit team isn't taking your money just to give it away. When signing on for a process like this with Wesley Financial Group, LLC, if your timeshare isn't terminated within an agreed-upon period, the team will take your money and give it back.

The Information Period

In this initial step, you'll receive a mail kit with packets, magazines, and other pamphlets. These materials help not only showcase the services that you're signing up for but also help convey the past experiences of former clients. You can read about testimonials and reviews from previous timeshare owners. In this step, you can also schedule your free consultation.

Account Review and Certification

After the free consultation has commenced, you will be put in contact with a qualification specialist. This is where you will dive deeper into any agreements you may have with your timeshare developers. As a timeshare owner, you more than likely have been lied to or misled in some aspect. But in this step, a specialist will make sure that this is factual so that you can be taken on as a client. After you've been qualified for intake, a company vice president will reach out to you to discuss pricing.

Account Resolution

In this step, you will be assigned a case specialist. Their knowledge and experience will help you craft letters and other forms of communication to the timeshare company. The team member will also keep you informed with around the clock updates as to the status of your timeshare termination.

Timeshare Freedom

You've made it, you're finally free. No more maintenance fees, extra timeshare-related  credit cards, or any other forms of money-eating fees. You can finally feel the sense that you put your timeshare away for good. After your timeshare's termination is final, you will receive the option to sign up for a credit repair program if it is needed. With this service, a credit repair specialist will assist you by going into your credit history and attempting to remove any statements or inquiries that were caused by timeshares. It should be noted that not all former timeshare owners have success with regaining previous credit scores or standards.

What Happens If I Stop Paying On My Timeshare?

Sometimes people become very frustrated with timeshare developers due to the fact they felt they were lied to. Take the annual maintenance fees, for instance. In many cases, people are told by their sales staff that these annual fees won't increase. But later on down the road when the bill comes in the mail, customers start to complain. "Years ago you told me these annual fees won't go up. Why did you lie to me?" This leads timeshare owners to start pondering alternative exit options. Once people realize that the suggestion "Just sell your timeshare" isn't realistic, they start to wonder if halting payments is a possibility for termination. Giving your timeshare away isn't that simple. The short answer? Failure to pay the maintenance fee, upfront fee, mortgage payment, or any other additional fee/bill will not make the timeshare go away. It should be noted that it’s always the timeshare owner’s decision to stop making payments. No other party represented can be held accountable for the halt of payments. Here's a list of the stages created to further examine what happens if you decide to stop paying on your timeshare:

The First Attempt To Contact

In this stage, a representative of the resort or timeshare group will attempt to reach you. If you're feeling extra stubborn and continue to avoid calls, letters, or emails they will have no choice but to escalate the issue.

The Final Collection Effort

This is where your financial future starts to lie in jeopardy. Should your resort developer choose to report to a credit bureau, your credit score could be negatively affected in a matter of months. By this stage, they will more than likely get a third-party collection agency involved. If that doesn't scare you, then the third and final stage might consist of foreclosure.


Most timeshare owners seem to think that foreclosure isn't an option, but since timeshare units are treated like real estate, foreclosure can happen just as easily as it would on a regular home. It should however be noted these laws can differ by state or country. Therefore, you should be aware of any terms and conditions that are relevant to the state or country in which you own the timeshare.


It's preposterous to think timeshares are often sold to customers as "good investments". It doesn't take long for owners to see rising maintenance fees, a lower credit score, and little to no availability. While a timeshare users group might tell you to sell your timeshare, contacting a timeshare cancellation team is the only way to get rid of your timeshare once and for all. While it might seem like there are numerous companies with ways to get out of your timeshare, you have to keep in mind that a lot of exit teams can be fraudulent. Be sure to look for a company that has a reputable process approved by review sites like Better Business Bureau, TrustPilot, and Best Company. You will also want to look for a company that offers a money-back guarantee.

One company that meets all of these standards is Wesley Financial Group, LLC. These timeshare cancellation experts based in Franklin, TN have a resume full of client success. This is not to mention the money-back guarantee program that makes them one of the best in an industry of many. If you want to get out of your agreement and feel you've been wronged by your timeshare company, contact the team at Wesley Financial Group, LLC today.

Wesley Financial Group, LLC, and/or its affiliates, successors, or assigns are not lawyers and/or a law firm and do not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and are not intended to be a substitute for professional advice, legal or otherwise.

*Different complications can arise depending on whether your timeshare is considered a shared-deeded agreement or a shared-lease agreement.

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