Why Retain a Timeshare Attorney, When My Rights Are Protected by Regulatory Agencies?
Real Estate Timeshare Consumer Rights Consumer Protection
Summary: Learn more about why its important to hire a timeshare cancellation attorney!
Why Retain a Timeshare Attorney, When My Rights Are Protected by Regulatory Agencies?
Local, state and federal agencies are charged with being consumer watchdogs; but budgets, manpower and politics may limit their effectiveness. Just as airbag failures and tainted peanut butter impacted many consumers, fraudulent timeshare practices have brought about significant consumer distress. In the case of timeshare owner protection, take a look, for example, at the Consumer Financial Protection Bureau (CFPB) website to see their consumer support proclamations.
Essentially, the CFPB holds companies accountable for illegal practices and indicates that their enforcement actions have successfully secured $11.9 billion in relief for over 29 million consumers. The bureau is part of the Federal Trade Commission and was established as part of the Dodd-Frank Act after the nationwide financial crisis. The bureau’s primary focus is protecting consumers’ interest in dealing with financial products. They have done a commendable job, especially in taking action against predatory timeshare resale scammers who use fraud and deception to take advantage of consumers in financial distress. Learn more about how to get rid of your timeshare!
But – yes, there’s always a but - the CFPB was structured to be as independent and politically insulated as possible, and the very existence of the bureau and its leadership is in question today. In recent congressional hearings, the acting head of the bureau, Mick Mulvaney, wrangled with CFPB champion Senator Elizabeth Warren. Mulvaney’s disdain for the bureau’s purpose is well known, and his oversight actions have nixed many of the lawsuits in progress.
While the future of this consumer support bureau is very much in question, your specific need for help in rescinding your timeshare contract is clear. You already have endured undue pressure and likely false promises from the salesperson who needed to gain your signature on that timeshare contract. In the complex arena of timeshare law, we would not advise you to take on the cushioned and comfortable timeshare developer alone. Learn more about how to get rid of your timeshare!
With over 80 years of combined experience, our attorneys at Aaronson Law Firm blend the understanding, training and expertise to help you through the cancellation of your timeshare contract and the protection of your credit in that process. We have the training to identify the complex terms and misleading terminology that may well be the vulnerable points needed to gain your freedom from timeshare financial obligations. We know what to look for and how to proceed on your behalf against timeshare developers. If your in need of timeshare cancellation please contact Aaronson Law Group!
We invite you to contact us for your free legal consultation today.
1-877-408-8790
407-644-1336
2180 W. State Road 434
Suite 6136
Longwood, FL 32779