Second Settlement Letter Template (Non-Participation Rate: Fill & Download for Free

How to Cancel Your Timeshare ContractPart OneChapter 1: Overpriced Cheesecake Anyone?Chapter 2: From Victim to Vindication.Chapter 3: How Exchange Companies Mislead Timeshare Chapter 4: Two Scams Timeshare Owners Must Watch Out for.Chapter 5: Kiss That Timeshare Goodbye!Part Two – Action PlanChapter 6: Plan of Attack (Secrets Revealed).Phase 1: Opening Letters.Phase 2: Follow Up Letters.Phase 3: Final Letters.Conclusion®//TIMESHAREHACK. V.303AOverpriced Cheesecake Anyone?It has been a legend through the decades that timeshare was originally created far, far away in the French Alps. Paul Doumier of the Société des Grands Travaux de Marseille was struggling to sell year-round accommodations at the SuperDevoluy Alpine ski resort. He was finding that people were a little too clever to pay the money he was asking for, since they'd only be using the accommodations for a tiny part of the year. The people he was trying to sell too used words like “too expensive”, “get lost”, “go jump in a lake.” Well it really wasn’t feasible to jump in the lake at the ski resort due to frozen conditions, and it wasn’t appealing to lower his prices because that would obviously cut into his extraordinarily lucrative profits. However, what Paul Doumier had noticed was that at the ski resorts famous gourmet coffee shop they could sell “slices” of expensive cheesecake at several times the price of the real cost of the cake if the cheesecake had been purchased whole. This is where the idea for timeshare was born. And using the same concept timeshare companies began making extreme profits selling “slices” of property.Now let’s do some quick math of a timeshare resort:Typical Timeshare Resort - Individual Condo Units Per Resort: 500 unitsWeeks for Sale Per Unit: 52 weeks 500 x 52 = 26,000 Weeks for SaleAverage sales price per week: $ 12,90026,000 weeks’ x $ 12,900 = $ 335,400,000 total developer receipts.Yes, you read that right - $335.4 million! That’s before the resort collects a dime in finance interest rates, late fees, and maintenance fees. So what does this mean to you? Well, take a moment and ask yourself – does that resort you just bought into look like a 335-million-dollar resort? How about even a 100-million-dollar resort? Chances are, not even close.Now think about all the interest rate charges the resort makes (the average rate is an additional 12% on top of all the above costs). And don’t forget to take that 26,000 weeks and multiply it by the average maintenance fee and then you have another 20 million in annual revenue to just maintain the resort. Does your resort look like they spend 20 Million dollars a year to keep your unit nice and clean? Not even close. Some say the two most lucrative businesses in America are running a credit card company and owning a timeshare resort. From millions to billions… and all from people just like me and you. In short, this is why timeshares are EXTREMELY overpriced, and timeshare companies make EXTREME profits.Fast forward to the present - the amount of money a timeshare sales representative can make in a day coupled with the amount of money a manager and director can make almost certainly leads to a corrupted sales environment where all integrity vanishes. The truth is evidently greatly exaggerated and brazen lies are encouraged because greed has taken over. More often than not, the sales representative you shook hands with the day you purchased your timeshare was encouraged to exaggerate and possibly outright lie while looking directly into your eyes. All this was allowed so the resort developers could pursue unbelievable riches.From Victim to VindicationThe worst part about being a victim of crime is many times the victims blame themselves. Most people try to rationalize being a victim of a crime. This is our human defense mechanism helping downplay the feelings of betrayal and hurt. It happens to everyone who has ever been a victim of a crime. Many times they think, “I shouldn’t have left the car door unlocked overnight,” “I was so stupid to let them into my house,” “I should have bought that alarm system,” and even the “it’s my fault he got mad, he’s normally not like that.”Why do victims blame themselves? That’s for another book entirely. But this feeling is also what a very large percentage of timeshare owners feel. Many experience immediate buyer’s remorse. They say things like “I’m not sure what I was thinking that day,” “they really caught us at a weak moment,” “we normally say no to things like that,” “they really talked a good game that day,” “I am not sure what we were thinking,” “we promised each other we weren’t going to buy something that day – I am not sure what happened.” And on and on and on.Many purchasers just chalk it up to just a bad mistake, not knowing that these seemingly friendly sales representatives have had extensive coercion training as well as subconscious and emotional trigger training. Every last word the sales rep used was on purpose, and every piece of data they gained from you was used against you. You may have trained years for your job and have become very proficient at what you do. So did they, except their profession teaches them how to disarm you – create feelings of desperation, jealousy, fear and inspiration without you ever knowing they programmed those feelings in your head. We have seen the training manuals of these sales representatives and every single move is calculated.Remember, you probably woke up the morning you bought your timeshare and specifically said to your spouse, “we are not buying anything today!” However, later that day you walked out with a timeshare. It is not that you purposefully changed your mind. It was the fact that you encountered a team of professional salesmen who have been trained in that art of thought rendering and thought patterning to “encourage” you to buy their product. Legal? Yes. Ethical? You decide.The worst part about everything discussed in this chapter is that not only do they use unfair ways to “encourage” you to purchase their timeshare – many times they commit outright fraud. Here are some common FRAUDULENT timeshare promises or actions that legal experts say you may have been a victim of.(You will be using this list of allegations in the WORD templates)Possible “fraud in the inducement” bullet points:1)This offer is good for today only.2)That timeshare is in hot demand3)That timeshare is a great investment4)That timeshare – like real estate will appreciate in value over time.5)The timeshare presentation is only going to be 90 minutes.6)The timeshare is in such demand it could always be RENTED for a profit.7)You are buying pre-construction and this timeshare can be SOLD for a profit after the next “phase.”8)This week/ resort is such a valuable week to all of the exchange companies that you can trade for "anytime, anywhere."9)This maintenance fee will not increase over time – or…10)You will be attending an "update" to discuss questions (also called a policy change, owners update, etc.… - Later it was actually a sales presentation).11)This is not timeshare but Vacation Ownership or Vacation Property.12)(You) were subjected to high pressure sales tactics or felt that you could not leave the presentation without purchasing timeshare?13)The timeshare sales agents plied us with champagne (or other alcohol)14)The timeshare sales agents assured us we could cancel if we had second thoughts /buyer’s remorseChapter 3:How Timeshare Exchange Companies Mislead Timeshare OwnersRemember when you were a kid and the ice cream truck would come ring its bell as it came down the street? Everyone ran to the corner, met up with the ice cream man and waited in line to get served. Well, if for some reason by the time you got your turn, he was out of ice cream sandwiches – you were sad – but you understood they were out and you asked for something else. First come, first serve is the standard for business in America.Now let’s take the same scenario as above and imagine that after you were told there were no more ice cream sandwiches (you got the lemon Popsicle instead), the kid behind you asked for an ice cream sandwich too... but he was sold one! How did that happen?! What was different?Well this exact scenario happens to timeshare owners every single day.Timeshare does not work on the honor system of first come, first serve – in fact, no one is equal. People own all different qualities of timeshares: Red season, Gold Crown, 5 Star, 2 bedrooms, low demand locations, etc.… this is an unfair system where no one is treated the same. And here’s where it gets worse – you remember that kid behind you at the ice cream truck? Well he was the same “quality” as you – he just had more money to spend.You see, your exchange company is never working in your best interest, like a bank they are working in their best interests on your collateral. They love having you standing in line because you are going to buy something, but they save the “good ice cream” for the highest bidder.So how does an exchange company find a “higher bidder” if everyone pays the same exchange rate? We’ll answer this in a minute.The exchange companies got smart a number of years ago and devised terms and conditions which encouraged you to give up your valuable week without getting inventory back immediately. This was called a deposit in the Space Bank system or the Deposit and Exchange System. How they tricked Joe Consumer into this was a sales sleight of hand akin to three card Monte!The Exchanges created a virtual swap meet where you deposit your valuable timeshare week, yet you didn’t get anything immediately back. As a matter of fact, the exchange company you are dealing with says “OK, I’ll take this and maybe – three to five months later I will give you something back in exchange.”Here’s the problem with that: even if the Exchange doesn’t offer you something of equal value or more desirable than the week you gave up – you can’t get your original week back. As a matter of fact, their contract reads that they can give you absolutely ANYTHING in exchange for your deposit and you have to accept it. So right now, all across the world, people are giving up their valuable weeks or points up to the exchange company in hopes that many months later they will have something of equal or greater value at another destination. Unfortunately, this almost never happens.Remember the question we asked earlier, ‘how does the exchange company find the highest bidder if everyone pays the same exchange fees’? Well, here is how they do it in front of your own eyes, without you even realizing what is happening:Let’s take the information we just learned and analyze how the exchange companies were able to perfect this art of illusion. As we can all agree, the exchange companies were very smart in devising this “give me yours now and I’ll tell you what you can get for it later” scheme. The perception from your view was “I put in one week and take another one out” – kind of like the honor system.Instead of this honor system, however, the exchange companies perfected the early deposit system. They essentially told you that if you were having problems getting the locations you wanted, you just were not depositing your week early enough. The exchange companies told you to deposit your home resort up to a year in advance, because “the earlier you give it to us, the better your shot of getting a prime time week!” This never worked out for the majority of timeshare owners, and in fact, gave the exchange companies even more time to profit from your deposit.All this new “miracle method” did was give the exchange companies more time to SELL your inventory to a non-timeshare owner for MORE MONEY!The reason why you can’t get your desired exchange week is because the exchange companies mark them up (sometimes $ 1,000 more than what an exchange fee is) and sell them to the highest bidder…THE TRAVEL CLUBS!Have you heard about travel clubs? Many of them are in your local metropolitan cities, inviting people into their office or local hotel and telling you why timeshare sucks (they’re right) and why their product is so much better (possibly right). The fact is that many travel clubs use the Exchange Company Feed to get properties for their club members.What is an Exchange Company Feed? It’s a direct contract, which allows a software terminal to be linked in to the exchange companies deposited inventory database. This allows travel clubs to access all of the deposited and procured inventory for say …$ 40-100 + a night. Where do these hundreds of thousands of weeks come from? That’s right, these are your deposited/ space banked weeks that you and everyone else gave to the exchange company.In other words, timeshare owners are depositing their weeks, those weeks are accessed by the travel clubs and rented to club members and the timeshare owners are getting no participation in the rent paid.For years’ exchange companies have encouraged (tricked) timeshare owners to give up (deposit) their valuable home weeks, and for that they get a week back on the exchange. So these exchange corporations, being a for profit company manage the huge pool of deposited inventory and can lease or sell access to that inventory for a significant markup, mostly to travel clubs.This is usually why you can’t get “where you want” or “when you want”. These exchange companies have found a way to put their own desperate/ trapped/ paying customers 2nd to the guy who is willing to pay more. You get the lemon Popsicle while the travel club member gets the gourmet ice cream sandwich. This is the main reason why travel clubs have become so successful. They allow their members to get a week through their travel club (which is really just your weeks deposited and then funneled through your exchange company to the travel club to their member base) for thousands less than what a timeshare costs, without the limited choices a timeshare provides and for THOUSANDS LESS IN MAINTENANCE FEE!If you always loved the timeshare resorts but hated “time sharing”, then look into purchasing travel clubs. Remember, soon you will be done with timeshare payments for good. If you ever want to vacation at a timeshare – it can now be done on your terms, when you want and how you want, and at a much cheaper price. No more being held captive to what the exchange companies want you to have and trapped paying maintenance forever.Two Scams Timeshare Owners Must Watch Out for.The moment you realize your timeshare was grossly overpriced is a painful one. If this book is the reason you are having this feeling for the first time, our sincerest apologies. Our intentions are not to offend anyone, but to provide candid and raw information. It’s not so devastating to find out that the timeshare agent misled you (I’m sure you realized this by now). I mean, sure the timeshare probably didn’t go up in value – but it’s probably worth the same, right?Nope – it’s worth virtually zero. And it’s not necessarily the salesman’s fault; it’s actually been ingrained in you and everyone in America for generations now – real estate value rises. It’s a “truth” that we have all known all our lives up until the real estate bubble collapsed in 2007. Every single person reading this has always seen real estate value increase, so you were sure that the timeshare would at least maintain its value. To be fair, the cards were incredibly stacked against you in the first place – but after the real estate bubble popped in dramatic fashion, there was zero hope.But we are all looking for that miracle to save us, right? Well be careful for these two common scams:This is a how a typical “buyer” scam goes: Ring… Ring… Ring…. “Mrs. Customer? Hi, it’s Steve over at “I’ll Say Whatever It Takes.” Yup, here we go. “We had your name on a list of persons interested in selling your timeshare over at [insert resort name here]. We have a buyer that’s interested in your property! He is willing to pay $ 23,000 for it and is ready to close now!” They make it sound like the heavens just opened up and tapped you on the shoulder to solve your timeshare woes. Great, isn’t it?For those who have never received this phone call, let’s explain how this scam ends:“Mrs. Customer, it is guaranteed that our mystery buyer is going to purchase your specific week. As a matter of fact, we will have this closed within the next week and will have the money in your hands within 30 days, guaranteed. There are NO fees for our services as the buyer is the one paying us. It’s a very simple sales process, Mrs. Customer. All you need to do is give us an escrow deposit to cover the costs to do a title search and also cover any estoppel fees. The escrow amount is only $ 3,500. Now don’t worry – its 100% guaranteed that he is going to buy this property. The best part is that once it closes, your $ 3,500 is added back into the purchase price – which means he pays it back and then we reimburse you. Guaranteed. We are so happy you are willing to sell your valuable timeshare. I’ll take your credit card information now…” And in the end, the property is never sold and you never get that escrow money you paid.This is how a typical “list your timeshare on our website” scam goes:Ring… Ring… Ring…. “Mrs. Customer? Hi, it’s Steve from http://www.yourtimesharewillneversell.com. We just wanted to let you know that your resort is currently in very high demand on our website. As a matter of fact, if you list your property on our website, we will guarantee it will get sold, or your money back.” This scam works in sheer volume, meaning that they only scam people out of $ 500-$ 1,500 at a time. Since it is a relatively small “listing fee” it works better because many people think of it as only “half” of their maintenance fee. Unfortunately, people all across the country fall for this scam. All of these people were convinced by the telemarketers guarantee that if it wasn’t sold – they could get their money back.From what we have uncovered, we can confirm how this scam actually works:The phone room contacts you and promises that they can list your timeshare on their high demand website and people for a very easy sell. As a matter of fact, “people are selling their weeks all the time on their website”. They tell you that your week should probably be valued at the amount you paid when you first bought it, for example $ 17,900. Why not list it for this price? They “guarantee to keep your valuable week on our website until its either sold by us or someone else”. Well, the scam was in the wording of that guarantee. They convince you to list your timeshare at an absurdly high price, because for you to get your money back – someone would have to buy it from their website at the inflated price of $ 17,900 – and not a penny less! Now, what about the part of the guarantee where you can get your money back “if it’s sold by someone else”? For you to get your money back from this scam, you would have to find a buyer for their suggested, over inflated, valuation price of $ 17,900! They convince you to list your timeshare on their website for a price that it could never sell for – just so the money back guarantee becomes worthless.In summary, even if you gave your timeshare away to a friend and no longer needed to list it or if you found a buyer for even $ 500, you wouldn’t get back your listing fee. With this scam there is no way you could get your listing fee back and you technically have no legal authority to request it.Please don’t fall for either of these above scams!Kiss That Timeshare Goodbye!Redemption vs. Release: In this chapter the rubber meets the road. We are going to outline the differences between Timeshare Redemption and Timeshare Release. On the surface, the only difference is if your timeshare still has an active mortgage on the deed. Now, for clarification purposes, the mortgage would still have to be with the original resort you signed with. If you still have a mortgage on the deed, we consider that Timeshare Release. If the timeshare in question doesn’t have a mortgage, then it comes under the scope of Timeshare Redemption.Timeshare Redemption as famously stated on a major redemption website: Timeshare Redemption is “The act of transferring a monetarily worthless timeshare from an individual to an inventory aggregate via a trusted corporation.” Which is just fancy talk for – “Hey, we have a large volume buyer that doesn’t deal with individuals. So pay us enough to cover our marketing costs, give us your timeshare and we will bundle ‘em up by the hundreds and sell ‘em to a broker.” The biggest advantage with this is, you never have to deal with that timeshare again! Imagine that day when you are finally timeshare free. You are no longer wondering how to handle paying large maintenance fees right after Christmas. You don’t have the stress of dealing with special assessments and hassles getting to use your week when and where you want it. It’s a great relief to many people and has become one of the easiest ways to actually become “timeshare free”.While this is a method for most timeshares, not every timeshare can easily be redeemed. There are a number of timeshares that not even the best redemption company will touch as long as they are a reputable company. Most off limits timeshares are constantly changing their policies– so call around and ask. Also, some resorts really don’t like the idea of its owners selling their weeks on their own because they don’t get any middleman costs. They can make it very complicated for these third party title companies to handle the transactions, though legally they must oblige.So, getting rid of your timeshare does exist if the mortgage is paid off.In some cases, a timeshare liquidation company simply gives your inventory back to the resort. But how did they do that? You have been trying to do the same thing for years. Before you pay any redemption company, just contact the resort itself. You must locate the on-property Broker in Charge or Owner Services Department. Its best advised to call in the month of January after your maintenance fee has been paid for that year. Let the Broker in Charge or Owner Services agent nicely know (do not be aggressive) your timeshare maintenance fee is paid for the current year, and that you would like to give up this year’s occupancy week for them to either rent or have free of charge. Let them know that “you have plans to “liquidate to a corporation” and you wanted to give them “the first right of refusal”. For a small percentage of resorts, they would rather take your deeded week back and use it for their inventory purposes over having it float around on the World Wide Web. However, if your timeshare has any past due or ‘soon due’ payments– you can forget about the idea of them easily taking it back.Timeshare Release: If you answered YES to any of the bullet points in Chapter 2 (where we covered possible fraud in the inducement) – pay attention! It’s going to get good. In the next chapter not only will we give you VERY VALUABLE expertise and proprietary knowledge – but this is one of the ways to possibly get back the money you already spent on your timeshare and void the balance of your contract.More often than not you may void the balance of a timeshare loan but not receive any funds back from what was already paid. If you can get out of the balance of the loan, it’s better than paying for the whole contract, even if you feel you were defrauded and tricked into purchasing. While doing our research for this book, word got out on various blogs about its pending release. We had people trying to get to this information even before the book was finished. These people who are just like you sent us daily emails outlining their horror stories about still owing $ 20,000 - $ 60,000 on their impulsively bought timeshares. It feels so great that the secrets enclosed in this book coupled with the application of these principals can stop you from having to pay this money. Spend a trifle to save $ 40,000 from them? No problem!ACTION PLANChapter 6:Plan of Attack (Secrets Revealed)Here is your plan of attack for the Timeshare Release. Each step has a specific course to take; each step must be done in the consecutive order listed below and with exact detail. Make sure you SEND ALL DOCUMENTS CERTIFIED MAIL, RETURN RECEIPT REQUESTED. You must maintain and proof that the creditor and resort received your upcoming notices. Include copies, not originals, of any additional documents, sales slips, or material received from sales agent or resort that supports your claim of fraud when asked.It is now time to send the opening letters to both the resort and the mortgage company, if applicable. In these opening letters we force them to have a very strong awareness of your complaint and the penalties they may face if they don’t cancel your timeshare agreement.Phase 1: Opening Letters#1) Send Resort Intro Letter#2) Send Creditor Intro Letter (if you have outstanding mortgage only)Each letter is also supplied to you template in Microsoft Word. You will simply fill in your details and list your complaints (From Chapter 2), print, sign and send using CERTIFIED MAIL.LETTER ONE – RESORT (USE WORD TEMPLATE)DateJoe Consumer1234 Any StreetAny Town, USA 12345Evil Timeshare ResortBroker in Charge555 Bad Value StreetAny City,USA 12345Dear Sir or Madam:I am writing to dispute a billing error in the amount of $ [_ALL TOTAL MONIES PAID SO FAR TO FINANCE COMPANY__] on my account. The amount is inaccurate because the sales representative at the point of sale committed fraud in the inducement for the following purchasing points: [list of all applicable points of fraud as outlined in Chapter 2].(You will be using this list of allegations in the WORD templates)Possible “fraud in the inducement” bullet points:1)This offer is good for today only.2)That timeshare is in hot demand3)That timeshare is a great investment4)That timeshare – like real estate will appreciate in value over time.5)The timeshare presentation is only going to be 90 minutes.6)The timeshare is in such demand it could always be RENTED for a profit.7)You are buying pre-construction and this timeshare can be SOLD for a profit after the next “phase.”8)This week/ resort is such a valuable week to all of the exchange companies that you can trade for "anytime, anywhere."9)This maintenance fee will not increase over time – or…10)You will be attending an "update" to discuss questions (also called a policy change, owners update, etc.… - Later it was actually a sales presentation).11)This is not timeshare but Vacation Ownership or Vacation Property.12)(You) were subjected to high pressure sales tactics or felt that you could not leave the presentation without purchasing timeshare?13)The timeshare sales agents plied us with champagne (or other alcohol)14)The timeshare sales agents assured us we could cancel if we had second thoughts /buyer’s remorseI am demanding that the error be corrected, that any finance and other charges related to the disputed amount be credited to my account forthwith, and that I receive an accurate statement immediately. There are a number of publicly visible complaints and negative reviews about your company in many public travel forums. It seems your organization is well aware of these issues. Please investigate this matter and correct my billing error as soon as possible.Please govern yourself accordingly,Joe Consumer[Signature]LETTER ONE – CREDITOR LETTER (if applicable)DateJoe Consumer 123 Any Street Any Town, USA 12345LOAN # 3345552Take My Money, Inc.Billing Inquiries555 Mortgage Greed WayAny City, USA 12345Dear Sir or Madam:Re: Account Number_I am writing to dispute a billing error in the amount of $ [_ALL TOTAL MONIES PAID SO FAR TO FINANCE COMPANY__] on my account. The amount is inaccurate because the sales representative at the point of sale committed fraud in the inducement for the following purchasing points: [list of all applicable points of fraud as outlined in Chapter 2].(You will be using this list of allegations in the WORD templates)Possible “fraud in the inducement” bullet points:1)This offer is good for today only.2)That timeshare is in hot demand3)That timeshare is a great investment4)That timeshare – like real estate will appreciate in value over time.5)The timeshare presentation is only going to be 90 minutes.6)The timeshare is in such demand it could always be RENTED for a profit.7)You are buying pre-construction and this timeshare can be SOLD for a profit after the next “phase.”8)This week/ resort is such a valuable week to all of the exchange companies that you can trade for "anytime, anywhere."9)This maintenance fee will not increase over time – or…10)You will be attending an "update" to discuss questions (also called a policy change, owners update, etc.… - Later it was actually a sales presentation).11)This is not timeshare but Vacation Ownership or Vacation Property.12)(You) were subjected to high pressure sales tactics or felt that you could not leave the presentation without purchasing timeshare?13)The timeshare sales agents plied us with champagne (or other alcohol)14)The timeshare sales agents assured us we could cancel if we had second thoughts /buyer’s remorseI am demanding that the error be corrected immediately, that any finance and other charges related to the disputed amount be credited to my account forthwith, and that I receive an accurate statement. Please investigate this matter and correct the billing error as soon as possible.Please govern yourself accordingly,Joe Consumer[Signature]Remember, the purpose of these demand letters is not to cancel the timeshare – that’s an unrealistic expectation at this stage of the process. The purpose of these initial demand letters is to put on record your formal disputes. The creditor must acknowledge your complaint in writing within 30 days after receiving it, unless the problem has been resolved. The creditor should resolve the dispute within two billing cycles after receiving your letter.Once you have sent letters #1 & #2 out, you must give them time to respond before proceeding to the next step in this timeshare cancellation process. The resort just might offer a settlement in compromise and you don’t want to show your next play before they make their move.More likely than not, you will not get a favorable response from either the resort or the finance company as it is too early in the cancellation process for them to have a favorable motivation to act upon your cancellation request. Don’t worry; their lack of a favorable response is part of the plan and they probably think you are going to go away easily.The truth is that the resort has no clue about the fury you are in the process of bringing them because you are now fully empowered by this book.*ALERT*The creditor or resort will try to contact you over the phone. They will ask to record the phone call “for quality purposes”, of course. Be very careful of the language they use and the questions they ask. If you do not feel comfortable with the line of questioning, request to only communicate via certified mail. No matter how much they attempt to appease you, let them know you feel victimized and you no longer want anything to do with the resort purchase you financed. Advise them that the payments are currently under dispute and you are currently reviewing avenues afforded to you by the legal system to protect consumers.DO NOT threaten to sue them in this conversation – you are most likely dealing with Owner Services and not the legal department. There is more discretion on their part to assist you and recommend to their superiors that your contract should be voided. You should inform them that once they void this agreement you will just go away and will not continue protest the creditor or the resort and its sales tactics.*ALERT*You must give the resort and creditor the full 30 days to respond to your initial letters. It is very probable that your demands will not be met at this point. If they choose to either ignore your letters or not respond favorably, it is time to send the Resort and Creditor Follow Up Letters (Phase Two - Follow Up Letters)Phase 2:LETTER TWO – RESORT (USE WORD TEMPLATE)Joe Consumer123 Any Street Any Town,USA 12345DateEvil Timeshare ResortBroker in Charge555 Bad Value Street Any City,USA 12345Dear Sir or Madam:Account Number:Ref: Real Estate Commission laws, Federal Trade Commission StatutesI am writing to demand that you reimburse me the value of [all monies paid in so far] paid to your resort since our initial meeting on [date signature signed] My claim is made on the grounds that a sales associate employed by you maliciously misrepresented your resort in a manner in which to commit fraud in the inducement. You are jointly and severally liable for any and all misrepresentations by your authorized associate (s). And as such, are in clear violation of various state and federal statutes.The services were not rendered as presented, the product was not as represented and I have been unable to resolve my complaint with the Broker in Charge or any persons of authority. You are liable for any misrepresentation or breach of contract under state laws. I hereby make claim that I am a victim of false and /or deceptive advertising and marketing of a vacation plan as outlined by the Federal Trade Commission.I look forward to a full and prompt response to this letter within 14 days.Yours faithfully,[Insert your signature]Joe ConsumerSECOND LETTER – CREDITORJoe Consumer123 Any Street Any Town,USA 12345DateTake My Money, Inc.Billing Inquiries555 MortgageGreed Way Any City,USA 12345Dear Sir or Madam:Account Number: [insert account number] Ref: Fraud in the Inducement, and Federal Trade Commission ViolationsI am writing to demand that you reimburse me the value of [all monies paid in so far] paid to your finance company since our signing of a loan agreement [original purchase date]. My claim is made on the grounds that a sales associate employed by the resort misrepresented its resort in a manner in which to commit fraud in the inducement. You are jointly and severally liable for any misrepresentation by the resort in which you offer financing for this transaction. And as such, are in clear violation of various state and federal statutes.I am writing to request that you reimburse me the value of [all monies paid so far] as payment towards the said timeshare property.The services were not rendered, the product was not as represented and I have been unable to resolve my complaint with the Broker in Charge or any persons of authority. You are liable for any misrepresentation or breach of contract under state laws. I hereby make claim that I am the victim of false or deceptive advertising and marketing of a vacation plan as outlined by the Federal Trade Commission.I look forward to a full and prompt response to this letter within 14 days.Yours faithfully,[Insert your signature][Insert your name (printed)]Keep your expectations limited at this part of the cancellation process. We expect that only 40% of the people at this stage will have canceled their timeshare. However, each and every single one of you will have received communication from your resort by now. Finally, they will have stopped avoiding your simple calls and escalated your file to where you actually sit on someone’s desk. Every day from this stage forward you are on someone’s desk, in someone’s email – and the higher ups are debating on how to best “put out this fire”.As of right now, they are not very concerned about keeping your money – they already have it. What they are worried about is that you will become a bigger and louder problem than your money is worth to them. So, if the only way they will release you from the agreement is if they feel you have become a liability. My friends… we will show you how to become their worst nightmare.Phase 3:Final LetterPrepare for a rush of adrenaline once you realize that the big timeshare resort that bullied you around was just “acting” the entire time. The resorts know very well that they can walk you to the very ledge of horrible customer and sometimes illegal sales and there’s virtually nothing you can do about it... until now. Below we will teach you the best posturing to ensure that you are now perceived as the bully. You will find one last grand finale timeshare cancellation template that works for you as it has for people all across this nation. Send the below letter to the resort only. They truly have the power to reverse the deal. They can force the finance company to reverse the charges and relieve you of your fraudulent timeshareNow it’s time to send the final letter.FINAL LETTER[Your Name and address][Insert Date][Name of Resort]Administrative Offices[Address of Home Resort][City, State, Zip Code]Dear Administrative Offices Account Number: [insert account number]Ref: http://www.ripoffreport.com, Complaint Resolution Platform | Scambook, TripAdvisor: Read Reviews, Compare Prices & Book, Complaints Board - Complaints and Reviews, www.ftccomplaintassistant.gov, www.bbb.org, www.my3cents.com, www.pissedconsumer.com www.consumeraffairs.comI am writing to inform you that this is my last correspondence before I go on a social media and government entity campaign that will create awareness about your resort that may have chilling effects on your day-to-day business. I feel more compelled than ever to share with people, particularly people that your resort and others like yours target to buy timeshare. I feel obliged to share our recent voice mails, our email correspondence, in fact everything about my experience with your resort. I cannot, in good ethic, stand by and watch as my concerns go unanswered and unresolved and not inform others who may visit or purchase at your resort.My claim of fraud in the inducement by your employed representatives is one of dire consequences if my purchase agreement is not irrevocably and immediately cancelled.The social media platforms, which I referenced, are permanent domains that are crawled and indexed by global search engines such as Google, Bing and Yahoo on a daily basis. As I am sure you are aware, once the search engines index them, they serve as an indefinite permanent record of my experiences and warnings to others.I am writing this final letter to make you an offer in compromise on my concerns. I will no longer request that you reimburse me the value of the monies paid so far, as long as you void my current financial obligations without harm or negative reflection to my credit standing. If you provide written intentions to void my contract within the next 14 business days, I will permanently destroy my pending complaints posts on the websites I referenced in this letter.I look forward to a full and prompt response to this letter within 14 days.Yours faithfully,[Insert your signature]~You have now officially bullied the timeshare resorts. These timeshare resorts now have an easy question in front of them. Do they allow this one client who owes them a relatively small amount of money prevent them from doing what they always do – make millions of dollars? Not a chance.ConclusionCongratulations, you finally beat Goliath!You will typically receive a document in the mail relieving you of your pending finance charges and a letter voiding your agreement. It may also be accompanied with a confidentiality agreement to keep quiet the terms of the release. They will always make you go to a notary to finalize their offer, so if you are reading this from outside of the country you will need to go the closest U.S. Embassy to complete your cancellation. Remember, this is a proven step by-step process.Do not rearrange or rush any of the procedures or steps in this very specific timeshare cancellation guideline. Give the resorts 30 business days every time you send them a correspondence and be very firm with them over the phone. This proven method is the same proven method that has been used to get people out of their contracts all over the United States.We are glad our research and insight into the timeshare industry was able to educate you and help you cancel your timeshare contract forever!