To open an exit company, you need nothing. No professional license, no insurance, not even a business license.
Often the “exit companies” charge exorbitant fees which they keep and pay the attorney $600. If you understand how attorneys work and are paid NO ATTORNEY would work for this amount of money other than drafting one letter. So how are you going to get out if the attorney is not properly compensated and has their staff working on your case for what may be two years? You are not because no attorney would do that. What is going to happen is you are going to lose any money that you have paid and have simply donated money to this “exit company”. Almost always these companies are owned by former timeshare managers and salespeople. They are the very people who sold you this and they are not to be trusted. The exit companies tell a good story but what you later find out is that they are simply timeshare salespeople working on the other side. Our favorite is “Do not hire the attorney directly they will be MORE expensive.” How people fall for this we cannot understand.
They are not licensed, may have little to no education, and are not regulated at least not properly. They are in no position to give you legal advice. Some are felons and operate outside of their parole agreements as they have been convicted of exit scams. They can go out of business or file bankruptcy and keep your funds regardless of a “money back guarantee” which is not worth the paper it is printed on. Many have gone out of business/filed bankruptcy and their former “clients” call our office to tell their stories. The money you paid them has long been hidden in the form of paying for marketing and other services and you will have little to no recourse to retrieve your funds. You were or will be simply scammed all over again like when you purchased the timeshare. It is not legal for an attorney in any state to guarantee specific performance AKA a “money back guarantee”. If you see a money-back guarantee it is a scam.
WHY would a timeshare company be afraid of or concerned about a letter from an exit company? Some of these timeshare companies are billion-dollar corporations with teams of attorneys. What is an exit company going to do if the timeshare company does not comply? Nothing. But they do not care because they have your money and are good at lying to you about what is going on.
We have a huge file with the criminal records of timeshare salespeople. Some of these people have been convicted of financial crimes. Is this who you want to provide your personal financial information to? You gave it to them once and the “exit companies” are staffed and owned by these characters. They are the same people who sold it to you.
We have been through this before with “Loan modification companies”. They also took client’s money and either went out of business OR filed bankruptcy. Just like the exit companies are doing right now.
There is no recourse if an exit company takes your money and closes down. Attorneys are regulated by the BAR in their state and have professional insurance. In the event something should happen to the attorney the State BAR’s have protocol to assist their clients.
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I contacted O'Grady Law Group in regards to a timeshare my husband and I purchased while vacationing in Las Vegas. from the moment I spoke to Len, he made me feel very comfortable and listened to every word. I would definitely recommend them.
Trisha Dorsch FORMER Timeshare Property OwnerI was on the strip and was talked into going to a timeshare presentation. I was told that it would only be 90 minutes. Four hours later l left owning a timeshare. I returned home and put all of the paperwork in my office. A week later I started reading through the contract and discovered that the salesperson did not tell me the truth. I needed a way out but the period to cancel had passed. I started to look for a local attorney that had experience with timeshare cases and ran across O’Grady Law Group. My initial phone consult with William O’Grady gave me confidence that I was not stuck. He reviewed my situation and determined that I had a good case. My case was settled in 6 months and it felt effortless. William O’Grady is a great lawyer and he did exactly what he said he was going to do. I liked that he was willing to review my case at not cost before he took it. A true professional and I recommend him if you are the situation that I was in.
Elda Kerena Rodriguez FORMER Timeshare Property OwnerI am so thankful for the experience I had working with the O’Grady Law Group. From the first moment I contacted them, Mr. O’Grady and Len took the time to listen to my issues and helped me on a very specific and detailed plan of action to get me out of a timeshare contract. They were attentive and informative throughout the entire process. I could not be more pleased with the outcome on my case and would highly recommend the O’Grady Law Group to anyone needing assistance with getting out of a timeshare contract. Thank you, Mr. O’Grady and Len you are the best!
Irene Gonzalez FORMER Timeshare Property OwnerI owned a timeshare that I could not cancel after I found out the “points” I was sold would not allow me to stay a week anywhere. That is if I could even find reservations which were not available even a year in advance. I wanted to get out of my contract because it was more like a donation every month than a vacation club. My attorney referred me to William O’Grady. When I called him he knew everything about my timeshare company, their contract, and the sales process. I was a little shocked at first that he was familiar then I realized that this has happened to a lot of people. Once I spoke to him over the phone I instantly felt like there was hope. I hired him to help and I was out in six months. He was straight and to the point and very professional. He seemed to have a solution for every hurdle we encountered during the process. I would recommend him to anyone that needs a good timeshare attorney.
Martin Henry FORMER Timeshare Property OwnerI found Mr. O'Grady based on his great online reviews throughout the web. I'm attorney myself, and I was looking for an attorney to assist my sister who purchased a timeshare that she was extremely unhappy with. Mr. O'Grady was able to get a full refund for my sister. Mr. O'Grady provided very quick responses to all of my emails and phone calls, which is greatly appreciated. I highly recommend Mr. O'Grady.
Robert Clarke FORMER Timeshare Property OwnerFill out our form and a representative from our office will contact you.
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