Time No More

DancingBear · Jun 10, 2009

I sold (paid to take) my time share to Time No More in November however they have not transferred title into there name. Are they still in business and if so how do I get ahold of them? It seems as tho all the numbers I have for them do not work. If they have taken my money and gave me paperwork accepting the property do I still own the time share? In most contracts a written contract and an exchange of money and a date constitute a leagle binding contract however my timeshare does not seem to believe this.

tombo · Jun 10, 2009

The money you paid them is "yours no more", but the timeshare is unfortunatelly still yours.

They might try and sell it for you (and they might not since they have already been paid) but they aren't going to put it in their name and be responsible for the MF's etc. It is too late now but NEVER pay any company UP FRONT to sell your timeshare. Hopefully they will sell it for you and get it off of your hands, but they might not and you might still have a timeshare you need to sell which is in the hands of a company who has your power of attorney to sell it. This might be a big mess, but I hope it isn't for your sake.

urple2 · Jun 10, 2009

time no more also went by timeshare solutions... I had tried to buy a timeshare from them a while back off of ebay and it did become a nightmare...(their positive feedback went south quickly and the BBB showed many people that got screwed) Fortunately, i paid this with my discovercard and I got my money back.
As far as I can tell, they did go out of business.

DeniseM · Jun 10, 2009

Sorry for your bad luck. If the deed was never transferred to the company and recorded with the county records office - it still belongs to you, and you are 100% responsible for all fees.

Right now, many people can't afford to pay their maintenance fees and/or travel, so the market is glutted with timeshare resales. Even the top timeshares are reselling for less than 50% of retail, these days.

The most cost effective way to sell your timeshare is to do it yourself (see the article at the top of the forum) but in this economy you are going to take a 50-100% loss when you sell it. If that's OK with you then just post an Ad for $1 and offer to pay the transfer costs and you may get rid of it.

Just so you know, because you want to sell this week, you can't post the specifics about the TS here, because that would be perceived as advertising, but we have a free classified section posted at the top of the page.

Good luck! :hi:

Bill4728 · Jun 10, 2009

DancingBear said:
I sold (paid to take) my time share to Time No More in November however they have not transferred title into there name. Are they still in business and if so how do I get ahold of them? It seems as tho all the numbers I have for them do not work.

First, I do not know if they still are in business. Also, they may be still in business but using a different name.

'time no more' is one of many companies, which we here at TUG call Postcard companies -PCC. Their business model is to have you pay them $3000- $4000. You haven't sold your TS to them, you gave them power of attorney to sell your TS. Then they will sell your TS for whatever money they can. All of the PCCs, tell you they will transfer the TS's title out of your name, some only do so when they find a buyer. (a small few will take title themselves).

If they have taken my money and gave me paperwork accepting the property do I still own the time share? In most contracts a written contract and an exchange of money and a date constitute a leagle binding contract however my timeshare does not seem to believe this.

You could file a quit claim deed with 'time no more' as the buyer. Then file paperwork with the resort showing 'time no more' as the new owner.

UWSurfer · Jun 10, 2009

Another company, Timeshare Freedom Inc. was doing the closing and transfer of the week we bought at Summer Bay Desert Club.

This transfer took more than six months and the recording was paid to Clark County with a check ON A CLOSED ACCOUNT OF TIME NO MORE, INC. in February this year. We got a copy of the letter Clark County sent to TSF and I immediately covered the check to make my otherwise completed closing stay that way. We got copy much later of another letter from Clark County to TSF returning TSF's check to cover the bad one, noting I had already covered it.

Timeshare Freedom's phone numbers come back with a not-in-service recording and based the bounced checked in all this, I suspect they are essentially the same company and both appear to have gone under.

I'll also note that after transfering the week to me, the resort wouldn't complete my ownership without the payment of back MF's and penalties that TF didn't take care of which I also covered. I sent several e-mails to several parties at TS Freedom and received no response.

I feel lucky to have had our sale completed.

calgarygary · Jun 10, 2009

You have unfortunately been caught up in a business failure. Time No More Inc. would obtain the timeshares (you paid tnm to take them). The timeshares would never be transferred to tnm but rather to a company called Resorts Access Network. They then used an eBay seller to dispose of the timeshares and Timeshare-Freedom would handle the closing. All 3 companies were related and under the control of Darren Gibson. Unfortunately an issue with their eBay seller (svacationman, ttimeshareman aka Dharmesh Patel) brought about the failure of these companies. If you do a registry search at the Georgia Secretary of State's website, you can obtain contact info. but I do not believe that it is currently valid nor do I believe that you will have any recourse. People have reported actually visiting the offices and they were vacant.

Sorry to give you such bad news.

Tug member jbercu might be more up to date then me as the contact info. that I forwarded to him was no longer valid.

Jennie · Jun 11, 2009

If you paid by credit card, contact the credit card company immediately and dispute the charge. If you had done do so within 90 days of the payment, you would have had some recourse. Even thought the deadline has passed, see if they will accept the complaint, if only to document your loss for possible tax return deductions, or to use to sue if the creeps are ever caught.

Also, file a complaint with the Better Business Bureau and the Attorney General's Office in the state where the company was located, the state where you paid the money to "Time No More," and the state where your timeshare is located.

Sometimes (but rarely) legal action is taken against the owners of the company and they pay fines, and refunds to the victims, to avoid a prison sentence.

So sorry this has happened to you.

Read the valuable information here on the TUG forums to learn other options for dealing with you timeshare e.g. how to sell it, rent it, or get better exchanges.

Carolinian · Jun 11, 2009

This illustrates the multiple scams in these operations.

One should NEVER pay anyone to take a timeshare, especially not $3-4,000.

One should NEVER knuckle under and agree to use a closing company demanded by an eBay seller, which very likely has ties to the seller which create a conflict of interest. They are simply not going to be a neutral third party. Often they are either owned by the seller or have some sort of kickback arrangement. Absolutely insist on your own qualified closer.

calgarygary · Jun 11, 2009

Although the end result may have been similar, I do not believe it is accurate to lump this situation in with the online scammers. This was a going concern, and I believe that my initial post with TUG, some 2 and a half years ago, was one of the first complaints about Timeshare Freedom. I am not going to defend their business model, but given that they were around a number of years and closed hundreds if not thousands of deals, I do not believe they were scammers. Their issues with Dharmesh, probably played a major role in the failure of their company and leaving so many people awaiting transfers out of/into their names but it does not make them scammers. I would think these past months would have been prime time for companies such as this and it is likely that Darren et al will resurface under a new name in the future.

Jennie · Jun 11, 2009

DancingBear said:
I sold (paid to take) my time share to Time No More in November however they have not transferred title into there name. Are they still in business and if so how do I get ahold of them? It seems as tho all the numbers I have for them do not work. .

I'm not sure what phone numbers you have but I dug up a postcard they sent me about a year ago with 1-800-465-8247. I just called and after 4 rings it went into an answering system with a message thanking me for calling Timeshare Freedom and telling me to leave a message and someone will return the call shortly.

Is this the number you have been using to try to reach them?

The address on the postcard is:
P.O. 148
195 Jarrard Street 3A
Cleveland, Ga. 30528

pranas · Jun 11, 2009

calgarygary said:
Although the end result may have been similar, I do not believe it is accurate to lump this situation in with the online scammers. This was a going concern, and I believe that my initial post with TUG, some 2 and a half years ago, was one of the first complaints about Timeshare Freedom. I am not going to defend their business model, but given that they were around a number of years and closed hundreds if not thousands of deals, I do not believe they were scammers. Their issues with Dharmesh, probably played a major role in the failure of their company and leaving so many people awaiting transfers out of/into their names but it does not make them scammers. I would think these past months would have been prime time for companies such as this and it is likely that Darren et al will resurface under a new name in the future.

They were dishonest about 2 1/2 years ago when I dealth with them. My blood pressure rises whan I read Calgarygary's defense of them.

Jennie · Jun 12, 2009

calgarygary said:
I would think these past months would have been prime time for companies such as this and it is likely that Darren et al will resurface under a new name in the future.

It is a prime time for them to convince owners to pay $3-4K to be rid of an unwanted timeshare but it is a poor time for them to sell these timeshares to new owners. Most people are trying to reduce their living expenses, either out of dire necessity, sharp decline in the value of their home and/or savings, rising credit costs or total unavailability of it, fear of losing their job, inflation etc..

Foregoing discretionary spending for things like vacations is seriously impacting the timeshare market (rental, resale, purchase etc.).

It seems that these small postcard companies are no longer able to quickly sell the properties that they have snuckered people into turning over to them. Nor are they able or inclined to pay the maintenance fees on the properties they haven't been able to sell. It is apparently very tempting to just disappear and leave the former owner, new would-be owner, and/or the resort holding the bag. "Remember, past performance is no guarantee of future results" expecially when the whole financial landscape has changed so drastically.

calgarygary · Jun 12, 2009

pranas said:
They were dishonest about 2 1/2 years ago when I dealth with them. My blood pressure rises whan I read Calgarygary's defense of them.

I don't know why your blood pressure rises because I said that their business model was as an ongoing concern. Did they do a sh...y job of it - yes! Did they mislead many people into paying them when anyone could have listed timeshares on eBay - yes. However, up until I came to TUG with my complaint in Feb. 2007, they seemed to have a pretty good record here and many spoke very favourably of Tammy at TF. I did not find that to be the case with my deal and obviously nor did you. I am just saying that up until this whole fiasco with Dharmesh happened, these 3 companies were not just scammers.

Jennie said:
It is a prime time for them to convince owners to pay $3-4K to be rid of an unwanted timeshare but it is a poor time for them to sell these timeshares to new owners. Most people are trying to reduce their living expenses, either out of dire necessity, sharp decline in the value of their home and/or savings, rising credit costs or total unavailability of it, fear of losing their job, inflation etc..

Foregoing discretionary spending for things like vacations is seriously impacting the timeshare market (rental, resale, purchase etc.).

It seems that these small postcard companies are no longer able to quickly sell the properties that they have snuckered people into turning over to them. Nor are they able or inclined to pay the maintenance fees on the properties they haven't been able to sell. It is apparently very tempting to just disappear and leave the former owner, new would-be owner, and/or the resort holding the bag. "Remember, past performance is no guarantee of future results" expecially when the whole financial landscape has changed so drastically.

You have hit on a couple of very good points and people considering doing business with a PCC should take note before paying them to take their timeshares. Given the current market, there is an increased likelihood that the PCC will not be able to sell your ts and you will still have those mf as most of these companies do not transfer ownership to themselves until they have flipped the week.

UWSurfer · Jun 12, 2009

Jennie said:
I'm not sure what phone numbers you have but I dug up a postcard they sent me about a year ago with 1-800-465-8247. I just called and after 4 rings it went into an answering system with a message thanking me for calling Timeshare Freedom and telling me to leave a message and someone will return the call shortly.

Is this the number you have been using to try to reach them?

The address on the postcard is:
P.O. 148
195 Jarrard Street 3A
Cleveland, Ga. 30528

Very interesting. I had a different 800 # which apparently pointed to 706-348-1405, which has the out of service message.

The number you provided has a different (man's) recording on it than when the 706 area code number would go to message. The real question is do they return the calls left to this number & are they still in business?

pranas · Jun 13, 2009

calgarygary said:
I don't know why your blood pressure rises because I said that their business model was as an ongoing concern. Did they do a sh...y job of it - yes! Did they mislead many people into paying them when anyone could have listed timeshares on eBay - yes. However, up until I came to TUG with my complaint in Feb. 2007, they seemed to have a pretty good record here and many spoke very favourably of Tammy at TF. I did not find that to be the case with my deal and obviously nor did you. I am just saying that up until this whole fiasco with Dharmesh happened, these 3 companies were not just scammers.

Sorry, I had a major problem with them, especially Tammy. Cost me lots of $$$

calgarygary · Jun 13, 2009

pranas said:
Sorry, I had a major problem with them, especially Tammy. Cost me lots of $$$

I also had issues with her but while the company was still in business, was able to get them resolved. Did you try contacting tug member jbercu? He may have more up to date information then I have as he is currently involved in trying to solve his problems with these companies? Send him a pm to see if Darren has gotten back to him.

Time No More

DancingBear

tombo

Tug Review Crew: Rookie

urple2

TUG Review Crew: Expert

DeniseM

Bill4728

UWSurfer

Tug Review Crew

calgarygary

Jennie

Carolinian

calgarygary

Jennie

pranas

TUG Review Crew: Veteran

Jennie

calgarygary

UWSurfer

Tug Review Crew

pranas

TUG Review Crew: Veteran

calgarygary