Gustav,
Look for my postings previously.
IRN called me and assured me that there was no termination fee. When I went down, they wanted me to pay $12k initially and reduced to $6k. I said no and left. Next thing, I went to CASE. They helped me wrote a letter to request for termination. A few weeks later, IRN sent me a termination letter via CASE.
I am out of this ****. But IRN still call me know and then and tell me to go to their office to get refund. I told them they had sent me a termination letter and they can talk to CASE. Immediately, they hang up the phone. Another operator will still call a few weeks later.
Nowadays, I recognize their phone number and refused to pick up their phone.
To all timeshare victims. Please be advised that YOUR TIMESHARE HAS ZERO TRANSFER VALUE!!!!. THERE IS NO WAY YOU CAN GET A REFUND!!! These refund companies will claim that they will engage lawyers to fight for you.
Step 1: You need to pay legal and admin fees ranging from $5k to $10k. This fee is only for the lawyers to negotiate with the timeshare developer to terminate the contract only, no refund.
Step 2: If you want to get a refund, pay the lawyers another $10k to $20k to bring the developer to court.
Be warned that when you go to court, you actually have a higher chance to lose than win. But you still have to pay the lawyers and still honour the contract with the timeshare developers.
In many cases, these timeshare developers are located overseas in the Bahamas or some offshore countries. You need to locate the developers first before you can bring them to court!
The legal firms may be genuine but these refund companies are scam. IF you look and research the boss behind these refund companies, they are the same scums who set up the timeshare marketing companies.
See how they are scamming money?! First, they made you sign a contract without exit clause and suck you a large sum of money. Then they open up another refund company to help you get back the timeshare money, but you need to pay for legal and admin fees. This is the second round of money scamming.
Don't fall into these traps!!!! Your money is hard-earned. Try to terminate the timeshare contracts with CASE help. I only paid CASE membership and got the IRN timeshare terminated at zero fees. Forget about refund. Take it as an expensive lesson learnt.
Good luck.
chleong
Did anyone manage to get a refund from IRN? Was told need to get a valuation from Goodwill Pte Ltd at Far East first?