I agree with much of what IVFmom wrote. I too was taken in somewhat by the promise of rentals thru Sierra Club Rentals only to find that the written promise only states that they will "accept" my weeks into their inventory - not the guarantee that was described to me.
When we purchased our weeks, we effectively took a line of credit with Bank of America (BOA) for the amount due, such that Torrenza was paid directly by BOA and our loan contract is with BOA. Thus, after the 5 day waiting period, we cannot refuse to make payments, as our loan contract is with BOA not with Torrenza.
If you didn't cancel the contract exactly as defined in the contract within 5 days, my guess is that you will remain legally liable for the amount due.
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Hi friends,
ReplyDeleteMy name is Raul Gonzalez and I too was a victim of timeshare fraud. In 2008 I bought a timeshare in Hacienda del Mar in Puerto Rico. When I decided to go on vacation the next year I noticed a lot of discrepancies between what I was promised and reality. When I realized this, I turned to ad advocacy group that helped me cancel my contract and recuperate the money I invested. I was so satisfied with this service that now I work for this consumer rights group that help the individual timeshare owner who feels that they have been misrepresented, lied too or coerced in the buying of the property. The name of this group is Timeshare Advocacy International LLC and we help timeshare owners get out of these fraudulent contracts and in most cases recover part of the money, if not all that was invested. I invite you to visit our web page www.timeshareaide.com and read about this group and all the testimonials of people like me. We need to realize that there is help and we no longer have to be victims.
My contact number is (800)339-9820 x226
My email in jr_gonzalez1974@yahoo.com
Please feel free to contact me for any advice or if I can be of assistance.