Table of Contents
01. A Glimpse Into Advocate Financial Services – Best of Fort Lauderdale Award Winner for Seven Consecutive Years
02. The Advocate Financial Services’ Timeshare Exit Process – Free 15 Minute Consultation & Connecting with a Timeshare Attorney
03. Assessing the Pros and Cons – Comprehensive Services, but at Varying and Complex Costs
04. Closing Thoughts – Links to Advocate Financial Services’ SNS & Overall Rating Review
In the complex landscape of timeshare cancellations, various firms offer solutions to those seeking an exit from their contracts. Among these entities is Advocate Financial Services Corp, a company with a track record in the industry. This review aims to provide an objective overview of the firm, its history, services, and the experiences shared by some of its clients. As with any service, it’s essential to understand both the advantages and potential challenges before making an informed decision.
━ A Glimpse Into Advocate Financial Services
Advocate Financial Services Corp, a beacon in the timeshare cancellation industry, has a history steeped in accolades and achievements. Founded with a mission to assist timeshare owners, their journey from inception has been nothing short of exemplary.
In the early stages of their establishment, they were recognized as the “Financial Service Provider of the Year” in both 2014 and 2015. This recognition was a testament to their unwavering commitment to excellence and their dedication to providing top-notch services to their clients.
Fast forward to 2021, and their consistent efforts were once again acknowledged. Advocate Financial Services Corp not only bagged the Best of Fort Lauderdale Award for an impressive seven consecutive years but also earned a coveted spot in the 2021 Fort Lauderdale Business Hall of Fame. Such consistent recognition is no small feat and speaks volumes about their credibility and the trust they’ve built over the years.
Date of Experience: September 22, 2020 – Mariana M (BBB Review)
After months of searching for information on how to get rid of my time share I finally found Advocate Financial Services. I immediately contacted them and I was able to receive information that I was not aware about. I was educated about the responsibilities and rights that we have as consumers. I want to thank Advocate Financial Services and David who was there to help me with all my questions and concerns. David helped me contact the right people to be able to legally resolve my time share cancelation. Through this experience I learned so much useful information. I would 100% recommend Advocate Financial Services. They are very professional and take the necessary time needed to help you. Thank you so much David! We’ll finally be free of the time share.
Since 2011, they have been regarded as the top-rated timeshare cancellation firm, offering a beacon of hope to those entangled in timeshare contracts. Their approach is straightforward: why waste time and resources with timeshare exit companies when you can work with the best? Advocate Financial Services collaborates with some of the most proficient timeshare attorneys, boasting an unparalleled success rate in helping clients break free from their timeshare commitments.
Their promise is clear: to assist clients in canceling their timeshare contracts both legally and ethically. So, if you find yourself ensnared in a timeshare dilemma, Advocate Financial Services stands ready as your trusted ally in the journey towards timeshare cancellation.
━ The Advocate Financial Services’ Timeshare Exit Process
Navigating the path to timeshare cancellation can be intricate, but Advocate Financial Services has a structured approach to guide clients through the process.
Date of Experience: August 25, 2023 – Dina E (BBB Review)
We highly recommend David! Summer of 2022, we were tricked into a timeshare from a company that we least expected to sell us one. We were away in Florida and by the time we were back in NY to read the contract well, it was a week past the cancellation deadline. We were distraught and immediately looked for help. We saw the informational videos by AFS and we took a chance to call. By that point it was very difficult to trust anyone, but we’re so happy to have taken that chance! David was clear that he himself was not an attorney and that he connects you with the best firm for your case. He consults you and explains how to vet the attorney yourself in order to make sure you are comfortable with your decision to mover forward. He explains the entire process and really takes the time to hear your case. It’s summer 2023 and our timeshare was cancelled a few months ago. Of course, every case is different and some cases may take longer than others; however, this is definitely the best route to take. We realized that so many people are tricked into timeshares. These sales people take advantage of everyone! After this was over for us and started talking to people we realized that many have fallen for the timeshare scheme. We have young children and are professionals with degrees and we fell for it. They catch you off guard. Please call AFS and take a leap of faith. Also, David is not just professional but an amazing human being! Thank you for all your help!!
Here’s a breakdown of their three-step exit process:
▶ STEP – 1: Initial Consultation
The journey begins with a complimentary consultation to assess if you’re eligible to cancel your timeshare. Given the binding nature of legal contracts, cancellation can be challenging. However, if there’s a valid narrative, backed by genuine and ethical claims against the salesperson who sold you the timeshare, Advocate Financial Services will channel your case to specialized attorneys. These attorneys, with expertise in consumer protection and timeshare law, are equipped to provide top-tier legal advice.
▶ STEP – 2: Engaging Expertise
Advocate Financial Services collaborates with some of the industry’s most accomplished timeshare lawyers, boasting impressive success rates. These legal professionals, each with a minimum of a decade’s experience and licensed expertise in timeshare law, will meticulously review your claims. Based on their assessment, they’ll determine the viability of your case and the potential to cancel your timeshare contract.
▶ STEP – 3: Direct Communication
Should your case be deemed viable, you’ll be granted the opportunity to converse directly with one or more of the timeshare lawyers associated with Advocate Financial Services. This step is crucial as it allows you to gauge if an attorney-client relationship is warranted. Importantly, there’s no immediate obligation or financial commitment to hire an attorney during this phase. After your discussion, the decision rests with you on whether engaging an attorney aligns with your best interests.
━ Assessing the Pros and Cons
While Advocate Financial Services offers a robust and comprehensive approach to timeshare exit, potential clients should be well-informed about the costs and complexities involved. The decision to engage with them should be based on a thorough evaluation of both the benefits they offer and the challenges that might arise.
Date of Experience: July 15, 2022 – Colette P (BBB Review)
I recently bought a timeshare in May 2022 and realized I was scammed after the date that I could cancel my contract. I was desperate to fix this huge financial mistake and while researching ways to get out of the contract I was afraid of getting scammed again. After checking out multiple sites on internet searches, I came across Advocate Financial Services and spoke with ************** on more than one occasion. I was so fortunate that I did, because he knows all about the time shares and how they work, legal aspects, and was able to give educated advice on what to do. He was so knowledgeable and professional! And best of all, this advice is free! He gives you options on what you can do, and you choose what is best for you or you don’t have to take his advice at all. After considering my options, I chose what I thought was best for my situation and he referred an excellent firm that I was able to check out and research, and I chose to use and now is working on my case and making progress, and I am confident that this will be resolved with a good outcome. I would recommend Advocate Financial Services to anyone who needs advice about getting out of a timeshare. Five star all the way!
▶ The Pros
● Comprehensive Service Offering
Advocate Financial Services isn’t just about timeshare cancellation. They provide a holistic approach to timeshare exit, offering services like debt settlement, credit dispute, and asset protection. This means clients can address multiple facets of their financial situation under one roof.
● Transparency
One of the standout features of this company is their commitment to transparency. Before diving into any contractual agreement, they offer a free consultation. This allows potential clients to understand the intricacies of their case and what the firm can offer them.
● Expertise
The firm’s association with timeshare attorneys who have a deep understanding of the industry ensures that clients receive expert advice tailored to their specific situation. Their attorneys consider various factors, from the developer involved to the approach taken, ensuring a comprehensive evaluation of each case.
▶ The Cons
● Variable Costs
While the expertise of timeshare attorneys is invaluable, it comes at a price. Clients should be prepared for fees ranging from 10% to 15% of the debt being canceled with the timeshare resort. This can be a significant amount, especially for those with substantial timeshare debts.
● Complex Fee Structure
The fees aren’t just a flat percentage. They vary based on several factors, including the developer, the chosen approach for cancellation, the need for credit disputes, the management company of the developer, and the potential duration of the case. This complexity can make it challenging for clients to predict the exact costs upfront.
● Duration Uncertainty
While not unique to this company, the timeshare exit process can be lengthy, depending on the specifics of the case. Clients should be prepared for a potentially extended engagement, which might test their patience and resilience.
━ Closing Thoughts
In the realm of timeshare cancellation, Advocate Financial Services has established a presence with its structured approach and range of services. As with any service provider, potential clients should carefully evaluate the offerings, costs, and potential outcomes before making a decision. Advocate Financial Services presents a comprehensive solution, but the final choice should always align with the individual’s unique circumstances and preferences.
Connect with Advocate Financial Services today via their social media listed below:
OVERALL RATING: ✪✪✪ 3/5
To continue educating yourself about the timeshare industry, read more Timeshare Exit Bureau blogs.