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Why Hire a Lawyer for Cancelling Timeshare? About 7% of households in the United States own a certain type of timeshare product and that number goes on to show how popular this type of property ownership is, at least in this part of the world. As expected though, a good number of those who have timeshare ownership are those households or families that earn more than $100,000 per year. Well, there are perks of investing in timeshares, especially for people who have the extra money for pay for them. However, not everyone is pleased to cover all the costs and after just several months of visualizing the long term benefits, many people feel the need to get out of the responsibility. Well, the fact that you’re here means you probably are one of those people who wants a safe and legal way out. The moment the payment obligations start piling up, you finally get overwhelmed by them, including the interest payments and maintenance fees. For you to get the relief you need from the obligation, you need to hire experienced and highly competent timeshare exit attorneys. In this article, let’s discuss the reasons why you should consider hiring one: 1 – First, you must understand that the always applicable to cancelling timeshare commitments differ from one state to another. The problem most people have with their timeshare investments is that they likely may have purchased one in another state different from where they reside. You therefore need to tap the services of a well-informed and competent lawyer who knows a thing or two about your case, more specifically on the rescission period and other pertinent laws.
Timeshares – My Most Valuable Tips
2 – You need someone who can write the best letter for the cancellation of your timeshare contract. It’s quite obvious that whenever you decide to cancel any kind of existing contract, it needs to be done in writing. But the problem is you’re not just writing a typical letter. A lawyer will be the one to assist you in creating an error-free letter and with substance. Perhaps the most important thing inside that letter is the cancellation statement.
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3 – By hiring a lawyer once you decide to get out of your timeshare, you give yourself protection against the harassment from debt collectors. Because pending payments and fees are expected during the course of the cancellation, debt collectors will surely be demanding you to settle your obligations, and they can be very persistent and in turn will cause you unnecessary stress. But with a lawyer by your side, you can invoke the Fair Debt Collection Practices Act that is designed to protect you from harassment from debt collectors, and once those collectors see that you’ve tapped the services of a legal professional, they most likely will back down.