Capital Vacations has aggressively protected
its members, filing its second lawsuit against so-called timeshare
"exit" companies.
MYRTLE
BEACH, S.C., May 15, 2024
/PRNewswire/ -- According to the federal lawsuit filed in
the U.S. District Court for South
Carolina, Wesley Financial Group operates a so-called
timeshare "exit" or "cancellation" company and charges unsuspecting
timeshare owners thousands of dollars in upfront fees for no
legitimate service. According to the lawsuit, Wesley Financial
Group does not help its customers. Instead it subjects
its customers to the risk of foreclosure and damaged credit, all
while extracting exorbitant fees from the unsuspecting timeshare
owners. The lawsuit also states that Wesley Financial Group's
supposedly guaranteed process is not what Wesley Financial
Group describes in its advertisements. It merely induces
owners to stop payment on their timeshare loans - something no
timeshare owner needs to pay Wesley Financial for. According to the
lawsuit, Wesley Financial Group's 100% money-back guarantee is
nearly impossible for Wesley Financial Group customers to obtain
based on the fine print in its service agreement. According to
the state action, to be filed in the South Carolina Supreme Court,
Capital will also be asking the state court to find that Wesley
Financial Group's business practices constitute the unauthorized
practice of law, as Wesley Financial Group is not a law firm and
not licensed to render legal advice to its customers.
Like so many other unregulated businesses masquerading under the
guise of "consumer protection advocates," Capital's
lawsuit alleges that, in reality, Wesley
Financial Group's process is to instruct owners to send complaints
filled with generalized and often concocted claims of wrongdoing by
Capital, which Wesley Financial Group portrays as the basis for the
timeshare cancellation, all while mandating, under threat of
forfeiture of both all fees paid and the so-called 100% money-back
guarantee, that the owners never reveal that they are working with
Wesley Financial Group. A reason for this elaborate deception of
"ghost-written complaints" is that Wesley Financial Group knows
timeshare companies have refused to deal with abusive advance-fee
exit companies like Wesley Financial Group, says the complaint,
while making Wesley Financial Group's customers believe Wesley
Financial Group is performing a service worthy of its fee.
Wesley Financial Group and its owner, Chuck McDowell, are now confronted with three
federal lawsuits for the same or similar activity. In one of these
lawsuits, a federal judge has already ruled that Wesley Financial
Group's business practices violate Tennessee's consumer protection statute, the
very state in which Wesley Financial Group conducts its business.
The Better Business Bureau of Middle Tennessee has issued an alert
on its website, citing several of the federal court's findings that
support the conclusion that Wesley Financial Group has indeed
violated the Tennessee consumer
protection statute.
"Sadly, because Wesley Financial Group instructs our members not
to speak with us, most members don't understand the true status of
their account, let alone that Wesley Financial Group's process
leads them to foreclosure and damage to their credit and does not
achieve anything they couldn't achieve on their own without paying
Wesley Financial Group's fees," says Capital's President,
Travis Bary. "We hope these actions show that Capital is
serious about doing everything we can to protect our members from
abusive exit companies. As part of its efforts to protect its
members from the false promises of timeshare exit companies,
Capital is also urging its members to do their research on any
company that offers cancellation or resale services and to always
reach out to Capital to understand their true and safest options
for their accounts."
ABOUT CAPITAL VACATIONS®
Capital Vacations is reimagining the travel experience by
connecting Independent Resorts with travelers through our
technology platform and vacation products. We partner with over 200
Independent Resorts across the U.S. and Caribbean, deploying strategic value-add tools
that allow Independent Resorts to increase revenues across multiple
channels. In addition, we service over 1,000,000 travelers a year
with a hyper-focus on the owner and guest experience and the
creation of long-term relationships. Learn more at
CapitalVacations.com. Travel. Gather. Smile. Repeat.
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SOURCE Capital Vacations