How to Cancel Your Holiday Inn Club Vacations Timeshare
If you want to explore steps you can take to cancel your Holiday Inn Club Vacations timeshare, consider reaching out to the timeshare cancellation lawyers at Boukzam Law. While it can be difficult to cancel a timeshare once the rescission period has passed, you may still have options available to you. The timeshare attorneys at Boukzam Law may be able to help. If your rescission period hasn’t passed, and you only recently purchased a Holiday Inn Club Vacations timeshare, you may still have the ability to cancel your timeshare without penalty. If the rescission period has passed, a timeshare cancellation lawyer at Boukzam Law may be able to help you explore other options.
If you find yourself struggling to make maintenance payments or behind on an outstanding loan for your Holiday Inn Club Vacations timeshare, you may be wondering how to cancel your timeshare. Financial situations change, and people who purchased a timeshare when they were younger find themselves not traveling as much as they once did. While there are companies that claim to help people get out of their timeshare for a fee, there are also many scams out there. It can be very difficult to cancel a timeshare and there are companies claiming to guarantee the resale of your timeshare or guaranteeing to get you out of your timeshare for a fee that may not always have your best interests in mind. When you hire a Holiday Inn Vacations timeshare cancellation lawyer at Boukzam Law, a timeshare attorney has an ethical obligation to put your interests at the forefront. A timeshare lawyer can review your Holiday Inn Club Vacations timeshare contract, and help you explore the options that may be available to you.
What are some steps you can take to cancel your Holiday Inn Club Vacations timeshare? Let’s explore some things you may be able to do on your own, and some ways a timeshare attorney can help you.
Cancel Your Holiday Inn Club Vacations Timeshare Within the Rescission Period
If you only recently purchased your Holiday Inn Club Vacations timeshare, you may have the ability to cancel your timeshare without penalty if the rescission period has not passed. Every state has a rescission period, a period during which a person who purchased a timeshare can cancel the timeshare purchase without penalty. In some states the period may be as short as three days, or as long as a little over a week. It isn’t much time, but if your timeshare purchase was recent, you may be able to cancel your timeshare without penalty by simply writing a letter noting that you are cancelling the contract within the rescission period. Depending on your timeshare contract and the state in which you live, you may need to formally deliver the letter. A timeshare lawyer may be able to help you with this process if you want to cancel your timeshare contract within the rescission period. You may only have a limited time to cancel the contract, however, so you should act fast.
Contact Holiday Inn Club Vacations Directly to Explore Cancelation Options
If the rescission period has passed, cancelling your Holiday Inn Club Vacations timeshare can be more complicated, but you may still have options. You can try contacting Holiday Inn Club Vacations to see if the company itself has a “deed back,” surrender, or buy back program. Holiday Inn Club Vacations offers a Horizons program that helps timeshare owners leave their contract but charge a $1,200 processing fee to do so. You may not receive any money for your timeshare, and if you do manage to sell your timeshare to the developer, you may receive far less than you initially paid for, depending on the programs available.
If you have an outstanding loan or are not current on your maintenance fees, you may not have these options. And if you don’t like the options available directly through Holiday Inn Club Vacations, you may still have other options.
Sell Your Timeshare
Another option timeshare owners can explore is selling their timeshare on the secondary market. Finding a reputable real estate agent is important if you plan to take this step. Beware of timeshare exit scams or companies guaranteeing to sell your timeshare for a fee. If it sounds too good to be true, it probably is. When selling your timeshare on the secondary market, it is important to have realistic expectations. Your timeshare will likely sell for far less than you initially paid for it. And if you have outstanding fees or owe money through financing, selling may not be an option.
Another option is renting your timeshare if your Holiday Inn Club Vacations contract permits. If you aren’t sure about the terms of your contract, a timeshare lawyer may be able to help you understand your options. Contact the Holiday Inn timeshare cancellation attorneys at Boukzam Law today to learn more.
Reach Out to a Timeshare Lawyer
If you are behind on maintenance fees or can no longer afford loan payments, you may want to speak to a timeshare lawyer at Boukzam Law before you take any other steps. Stopping payments could have consequences to your credit and other collateral consequences. Before you take any action or before you stop paying maintenance fees or a loan, you may want to speak to a timeshare lawyer to explore steps you can take to cancel your timeshare. You may have other options. The timeshare lawyer at Boukzam Law can review your Holiday Inn Club Vacations contract, learn about how you entered into your timeshare contract, and help you explore any options that might be available to you.
After the pandemic, life changed for many of us. Financial situations changed. And not all of us are traveling the way we once did. If you have a timeshare you no longer use, or find yourself struggling to make timeshare payments, you are not alone. The Holiday Inn Vacations Club timeshare attorneys at Boukzam Law are here to help you take steps to cancel your timeshare.
