Newsflash – Silverpoint to Close by The End of the Year, Sparking Fears of a Cover Up Exit.

With reference to a recent article, published by the Timeshare Consumer Association, it is looking like that Silverpoint SL, will be pushed into closure by its owner, before the end of the year is out.

Sinister Developments from Silverpoint

In more sinister developments it is looking like a third party may be brought in, to work with Silverpoint to ‘help’ clients relinquish their timeshare investments.

It seems very strange that the owner would want to encourage his clients to exit timeshare and make a claim against him and the resort.

One possible reason is once a client signs up for help with their claim not a lot happens; other than they become locked into a claim, and it becomes impossible to file another one.

Damage Limitation

At best this is a damage limitation exercise where the owner would take a commission from each claimed filed.

At worst,  by binding client to claim company contract, to which the entity has exclusivity – and doing nothing – the client will be locked in to an unfulfilled claim, as they run into their six year expiry.

Our Opinion?

If you are looking for help to relinquish your timeshare, you would be better off looking at one of the independent companies out there.

Timeshare Legals, is here to help you and has no affiliation with any timeshare company owner or resort.

You can contact us by visiting our contact page here.

 

 

Posted in News.