Table of Contents
01. About Timeshare Cancelled – Nevada Based Timeshare Exit Company From 2018 to Closure
02. Business Operations and Challenges – According to SilverFlume, Business Status Revoked in 2021
03. Impact on Clients and Lessons Learned – Not BBB Accredited and Overall Negative Online Client Reviews
04. Closing Thoughts – Links to Timeshare Cancelled’s SNS & Overall Rating Review
Timeshare Cancelled was a Las Vegas, Nevada-based timeshare exit company that aimed to help owners find a way out of their burdensome timeshare contracts. However, the company ceased operations in 2021 after having its business status revoked by the Nevada Secretary of State’s business portal, SilverFlume. This article provides an in-depth review of Timeshare Cancelled, examining its services, operations, and the circumstances that led to its closure.
━ About Timeshare Cancelled
Founded in Las Vegas, Timeshare Cancelled marketed itself as a solution for timeshare owners looking to terminate their contracts. The company claimed to offer personalized exit strategies tailored to the specific needs of their clients, often promising a stress-free process and a clear path out of long-term financial commitments. Their services targeted individuals struggling with rising maintenance fees, poor resort management, and deceptive sales practices.
The company positioned itself as a reputable player in the timeshare exit industry, leveraging various marketing channels, including online advertising and client testimonials. Despite its initial appeal, Timeshare Cancelled faced significant challenges, both operationally and legally, which ultimately led to its downfall.
━ Business Operations and Challenges
While Timeshare Cancelled initially gained traction in the industry, the company struggled with transparency issues and customer complaints. Many former clients reported dissatisfaction with the services provided, citing unmet promises, lack of communication, and a failure to deliver on contract termination. These complaints likely contributed to a decline in the company’s reputation and trustworthiness among potential clients.
In addition to customer service challenges, Timeshare Cancelled faced legal and regulatory scrutiny, which played a critical role in its closure. The company’s business status was revoked in 2021, according to SilverFlume, the Nevada Secretary of State’s business portal. The reasons behind the revocation remain undisclosed, but such a status typically indicates non-compliance with state business regulations, such as failure to file required reports or maintain a registered agent. This revocation marked the end of Timeshare Cancelled’s operations, leaving many clients in limbo.
━ Impact on Clients and Lessons Learned
The abrupt closure of Timeshare Cancelled left numerous clients without recourse, exacerbating the financial and emotional burden of their timeshare commitments. Many customers found themselves back at square one, seeking alternative exit solutions while facing the potential of financial loss from upfront fees paid to Timeshare Cancelled. The lack of communication during the company’s final days only heightened the frustration felt by those who had trusted the company with their timeshare exit needs.
Date of Experience: November 18, 2022 – Robert F. (BBB Review)
In April 2022 I engaged Timeshare Cancelled in ********* ****** to cancel/sell my timeshare that I had obtained in January 2020 with Hyatt residence club. They indicated to me that they could handle this and get it resolve. I talk to ******************* and submitted all the appropriate paperwork. All paper work was complete in September 2022. I have talked to ******************* a few times. I have not been able able to contact him despite numerous emails and phones calls. It has been over two months. He is as guilty in this fraud just as much as Hyatt residence club. Please post this letter and refer case to Better Business Bureau. *************************
The downfall of Timeshare Cancelled serves as a cautionary tale for both consumers and industry professionals. For consumers, it underscores the importance of due diligence when selecting a timeshare exit company, including verifying the company’s business status, reading client reviews, and understanding the risks involved. For industry professionals, it highlights the need for transparency, regulatory compliance, and effective communication with clients to maintain credibility and trust.
━ Closing Thoughts
Timeshare Cancelled transformed from a promising timeshare exit company into a defunct business due to operational challenges, regulatory issues, and dissatisfied clients. Although the company no longer operates, its story highlights the critical need for accountability and compliance in the timeshare exit industry. As timeshare owners seek ways out of their contracts, they should carefully vet potential exit firms to avoid similar disappointments and setbacks.
Below is a list of Timeshare Cancelled‘s social media, however it is unknown whether or not any of the following are still being monitored:
OVERALL RATING: Closed
To continue educating yourself about the timeshare industry, read more Timeshare Exit Bureau blogs.