Real timeshare stories brought to you by ITRA
"We subsequently purchased a further 4000 points in 2001 believing that 10000 would be enough for the holidays we wanted. We later found that wasn't really the case but we were not in a position to buy more points so we have done our best with what we have.
We
understood that annual maintenace fees would have to be paid and that
these would probably increase over time. We were lead to believe that
membership was dependant on the payment of annual fees and that if we
didn't pay then our membership would cease. By 2011 we found
ourselves in the position of not being able to afford maintenance
fees, which over the past few years have increased alarmingly, and
still afford to go on holiday, indeed on several ocassions we had
been forced to pay through Interval International to go to Diamond
Resort Properties. At this point we contacted Diamond resorts and
told them that we would not be paying maintenance fees for 2012 so
would be relinquishing our membership. We said that we were not
looking for any repayments, however we were informed, for the first
time, that we couldn't do this and must continue to pay until the age
of 75, or, until we were declared bankrupt! As a last resort I
contacted the CEO directly explaining our position - we received a
very cold one sentence reply saying that we would have to go through
bankruptcy. Had we known any of this before we bought we would never
have bought in the first place!” By Mr and Mrs W
ITRA timeshare fraud action
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