Attorneys General Lawsuits against third-party exit companies.
Missouri Attorney General Files Lawsuit Against Timeshare Exit Company
Despite paying Martin Management for time share exit services, consumers claim that Martin Management never delivered the promised services.
Attorney General Eric Schmitt filed a lawsuit in February 2020 against Martin Management alleging that, at the direction of Steve Martin, employees “solicited large sums of money from customers on the promise to obtain a release of the customers’ timeshare obligations within 180 days or money back, guaranteed.”
The lawsuit further alleges that “Martin Management would extract more money from its clients by promising that only one more fee stood between them and final release from their timeshares. Despite paying Martin Management for time share exit services, consumers claim that Martin Management never delivered the promised services.”
More at AGO.MO.Gov
A.G. Ferguson Files Lawsuit Against Exit Company
Reed Hein advertised a 100 percent money-back guarantee. In reality, many consumers… are still denied refunds even after the company has failed to deliver for years.
Attorney General Bob Ferguson filed a lawsuit in February 2020 against Bellevue-based Reed Hein & Associates LLC doing business as Timeshare Exit Team, alleging numerous unfair or deceptive business practices related to services to “exit” consumers’ timeshares. Reed Hein does business under the Facebook ad for Timeshare Exit Team: “100% money back guarantee. We will get you out or give you every penny back.”
The lawsuit claims that “In reality, many consumers have struggled to obtain refunds, and are still denied refunds even after the company has failed to deliver for years. Under the terms of Reed Hein’s guarantee, clients who are facing foreclosure are not entitled to their money back.”
More at ATG.WA.Gov
Rutledge files suit against company selling timeshare exit plans
According to the Complaint, consumer losses are valued at $136,310.
Attorney General Leslie Rutledge filed a lawsuit in July 2019 against Brian Scroggs, Bart Bowe and their Bentonville-based company Real Travel, LLC alleging violation of the Arkansas Deceptive Trade Practices Act. The lawsuit claims that “Real Travel sold timeshare exit services to consumers nationwide. In exchange for a fee ranging from approximately $5,000 to $18,000, Real Travel convinced consumers through deception, high-pressure sales tactics, and a so-called ‘100% Guarantee’ that it would liquidate, cancel, or transfer their unwanted timeshares.”
The lawsuit further alleges “Consumers reported trying to contact Real Travel to complete their timeshare transfer or obtain a refund with no success. According to the Complaint, consumer losses are valued at $136,310.”
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