Timeshare Loans Creditworthiness Issues
October 22nd, 2018
Assessing Creditworthiness in Consumer credit: FCA publishes Final Rules and Guidance The results of a wide-reaching survey by the Financial Conduct Authority (FCA) in 2017 has indicated, amongst other things, that more than 70% of British adults had one or more consumer credit products or loans in the previous 12 months and that over 4 […]
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Going to Court in a Timeshare case -Advice
October 19th, 2018
1. BE PREPARED Your chances of a successful outcome are greatly enhanced if you prepare your case thoroughly. The idea of going to court can be a daunting one, but thorough preparation is key to ensuring you present your case to its best advantage. Leave no stone unturned! Now is the time to take out that notebook […]
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Cryptocurrency and timeshare
October 19th, 2018
Reports suggest scams have double this year I had the pleasure of attending a conference yesterday, which involved me explaining to my peers the various historic timeshare products and the development of new timeshare-based schemes whereby consumers were attending a meeting regarding investment-based cryptocurrency linked to holiday products schemes which on the face of it […]
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La Pinta Beach Club in Tenerife – Compensation
October 19th, 2018
A BRITISH couple is celebrating one of the biggest legal victories against a timeshare company in Spain, thanks to a local law firm. Max and Britt Sewell-Rutter, from Southampton, won €365,000 against La Pinta Beach Club in Tenerife after having to remortgage their home in the UK and losing most of their life savings through […]
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Don’t leave your kids a timeshare they don’t want
October 19th, 2018
Timeshare owners James and Barbara Ruth enjoy their annual vacations in Hawaii, but they don’t want their daughters to be obligated to take over the contracts when they die. So the Ruths, who are attorneys with offices in Santa Barbara, California, and Edwards, Colorado, created a trust to hold their timeshare interests. The daughters, who […]
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Enforcing Timeshare Judgements in Spain
October 19th, 2018
Enforcing a judgement in Spain GB Abogados represent many clients from the UK and other EU countries, both companies and individuals, in executing court judgements against Spanish debtors. How is a judgement from another country enforced in Spain? The process of enforcement is relatively straightforward, although can take some time. The initial step is for […]
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McDonalds Resorts Timeshare Claims
October 1st, 2018
Interesting Observations In respect to the Scottish McDonalds Resorts timeshare The rights conveyed by MRL are leases see Long Leases (Scotland) Act 2012 (“Act”), and the tenant’s interests are deemed to be, long Leasehold titles which will convert into Ownership interests and the interests of the existing Land Owners (MRL) Would have been extinguished on the 28th of November 2015. […]
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Timeshare Claims – Financial Ombudsman Service
October 1st, 2018
A Dispatches conducted an undercover investigation at The Financial Ombudsman Service [FOS] and found that staff with inadequate training or lacked understanding of financial products are judging cases, with some having reached decisions in favour of the banks, without properly reading case files. This could mean hundreds of thousands of cases may need to be […]
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Scammed by an Timeshare Relinquishment Company
September 17th, 2018
Parts of the timeshare legal Profession and Industry have united to stop the misconduct of those deceiving Timeshare owners into paying for ‘illusory’ timeshare Legal services via fraudulent means. In a case before the US Supreme Court, lawyer Judson Wheeler Phillips, founder of the Castle Law Group, was disbarred on a myriad of charges relating […]
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Timeshare and Loan Terminations ‘Azure Resorts’
September 11th, 2018
Timeshare and loan terminations Azure Resorts What happens when a resort has been caught mis-selling Financial product (loans) link to timeshares? A Landmark decision is made which opens the door to millions in damages and that why has just happened in the case of Azure Resorts in Malta and its supporting banks. On 1 August […]
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