The joy of enjoying a timeshare can run out quickly, leaving 85% of timeshare owners looking at starting the timeshare cancellation process. One of the most commonly asked questions is how long the timeshare cancellation process can really take. Assuming you are past the rescission period, it will take, on average, a minimum of 6 months, and in some cases, complex contracts may take up to 24 months to complete. The variables for cancelling a timeshare contract are extensive, but the primary considerations are:
- How long have you owned the timeshare?
- Is the timeshare contract paid off or financed?
- How many timeshare deeds/contracts do you have?
- What timeshare developer is your timeshare contract with?
- How much have you used the timeshare?
- Are all of the timeshare owners available during the timeshare cancellation process?
Never One-Size-Fits-All
Timeshare cancellation is not a one-size-fits-all process, and neither is the timeline to financial freedom. This should be taken into consideration when speaking with timeshare cancellation companies that claim to cancel every contract within a specific time.
The age-old adage “if it sounds too good to be true, then it probably is” couldn’t be more accurate.
There are no quick fixes or easy remedies. Anyone who tells you otherwise is either lying or misguided. The best advice we can give any timeshare owner who wants out is to be informed and be patient. Although it only took hours to buy the timeshare, it will likely take months to get out of the contract and remedy the situation for good.
Turn to the Experts
At Timeshare Legal, our experienced team makes sure that we fully understand your unique situation and can give you a guided plan for timeshare cancellation. We have helped thousands of clients cancel millions of dollars in timeshare debt. We understand the financial burden that timeshare companies leave their owners to carry; Timeshare Legal offers no-money-upfront options for qualified candidates. With over 150 5-star reviews, there is a reason we are the leading timeshare cancellation company.
