Rising Default Rates: Timeshare Companies and Exit Companies Blame Each Other!

A very interesting article has been published in Florida Trend in October, about the number of timeshare owners defaulting on their mortgages, this has risen during the second quarter of this year. The industry blames “disreputable third-party exit companies” in the secondary market aggressively solicit unhappy or remorseful owners and persuade them to stop making mortgage…

Diamond Resorts: A Consumers Tale

CLA International would like to thank Inside Timeshare and Irene Parker for allowing us to publish this article in full from their website, published on Friday 16 March. Once again welcome to Friday’s Letter from America, this week Irene Parker interviews yet another military veteran family about their experience with Diamond. Joshua and Nichole Parker are just another couple in a…

Timeshare Sales in the Spotlight

This article was first published on Inside Timeshare on Tuesday 27 February, once again Irene Parker highlights the sales tactics by one sales agent, which are resulting in complaints from the elderly and in many cases military veterens. For some of these victims the consequences could be devastating. THE FBI FOCUSES ON SCAMS TARGETING THE ELDERLY WHY…

Lawsuit Filed Against Diamond Resorts

Class Action Lawsuit Filed Against Diamond Resorts This action alleges Defendant’s sold unregistered securities in violation of the Securities Act of 1933 that requires that any securities sold in the United States be registered with the United States Securities and Exchange Commission Factual Allegations of False Representations (i) DRI points appreciate in value (ii) DRI…

Wyndham Facing New Round of Lawsuits

Timeshare sales practices are in the spotlight, many companies are now facing lawsuits for their predatory sales practices, Wyndham are facing two of these in Tennessee. These are just the latest in a round of complaints in Tennessee, they all have a similar story, elderly consumers being subjected to high-pressure sales tactics where the sales…

A Nightmare on Timeshare Street

A Letter to Timeshare Developers and ARDA Law Enforcement, Military and Lawmakers Our Mission to Stop Timeshare Crime – Front and Back February 9, 2018 By Scotty Black, M.S. Criminal Justice, former Navy Promissory Note $65,741.14 @ 14.4309% How I got here Purchased 5000 timeshare points October 2014 Scottsdale AZ CA Collection Purchase price $13,000 October…