SYS-CON MEDIA Authors: Carmen Gonzalez, Adine Deford, Cynthia Dunlop, Harry Trott, Xenia von Wedel

News Feed Item

VO Financial details timeshare owner complaints

Hearing the voice of owners

EGG HARBOR TOWNSHIP, N.J., Nov. 28, 2012 /PRNewswire-iReach/ -- VO Financial Corporation, a timeshare consulting firm with offices in five states, is sharing the stories of timeshare fraud and misrepresentation as told by clients desperate for a way out of their overwhelming financial burden.  Mr. Clarence of North Carolina contacted us to share his heartbreaking timeshare story.  He writes, "Help a 73 year old person get back on his feet".  In his letter, Mr. Clarence explained that he purchased his vacation ownership to travel just down the road to South Carolina.  While on vacation in South Carolina, a sales representative of Mr. Clarence's developer convinced him to sit down to discuss his ownership.  Although Mr. Clarence had already purchased the timeshare, which gave him the right to annual vacations at the resort where he was staying, the sales representative told him that he needed to purchase more ownership in order to be able to stay at that resort again next year.  So he did.  The following year when Mr. Clarence used his vacation ownership to stay at that same resort, the developer's representative convinced him again to purchase more ownership to vacation the next year.  Not suspecting that what he was being told was not the truth, Mr. Clarence purchased more ownership again!  This fraud occurred on several occasions, until a retired Mr. Clarence discovered that he owed $88,945 to the timeshare developer to be able to vacation just a few hours from his home.  With seemingly no way to pay off this substantial debt, Mr. Clarence was convinced by the sales representative to take out a second mortgage on his home.  Paying back this high mortgage has proven to be very difficult for Mr. Clarence and his wife living on a fixed income.

Sadly, there is no guarantee that the developer will take accountability and refund Mr. Clarence the money that he paid for lies and misrepresentation.  Without receiving money back from the developer, Mr. Clarence is unable to pay off the high balance on the second mortgage! 

After reaching out to the developer and begging for assistance as well as contacting numerous state government agencies, Mr. Clarence received a response from the developer stating, "We regret that you are not satisfied with your purchase, we must respectfully deny your request to cancel and refund your contract".  Unfortunately, if Mr. Clarence had contacted VO Financial sooner, he would have discovered there was a solution to his financial nightmare other than taking out a second mortgage on his home.

It is heart wrenching stories such as this that fuels the passion of those working at VO Financial.  VO Financial opened its first office in the Spring of 2010 on a mission to assist timeshare owners.  Almost immediately, it became evident that the need for assistance was much greater than expected.  Owner after owner shared their purchasing horror stories, desperate for a way out of their financial burden incurred as a result of their developer's fraudulent and deceptive practices.  Throughout the first few months of operation, VO Financial designed programs and services geared towards helping the many victims of timeshare fraud. Since then, VO Financial has expanded into five states.

For more information on whether VO Financial can help you or someone you love, contact us at [email protected] or at 1-800-381-9469 before it is too late!

Media Contact: VO FINANCIAL, VO FINANCIAL CORPORATION, 1-800-381-9469, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE VO Financial Corporation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
"We help companies that are using a lot of Software as a Service. We help companies manage and gain visibility into what people are using inside the company and decide to secure them or use standards to lock down or to embrace the adoption of SaaS inside the company," explained Scott Kriz, Co-founder and CEO of Bitium, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
15th Cloud Expo, which took place Nov. 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, expanded the conference content of @ThingsExpo, Big Data Expo, and DevOps Summit to include two developer events. IBM held a Bluemix Developer Playground on November 5 and ElasticBox held a Hackathon on November 6. Both events took place on the expo floor. The Bluemix Developer Playground, for developers of all levels, highlighted the ease of use of Bluemix, its services and functionalit...
Some developers believe that monitoring is a function of the operations team. Some operations teams firmly believe that monitoring the systems they maintain is sufficient to run the business successfully. Most of them are wrong. The complexity of today's applications have gone far and beyond the capabilities of "traditional" system-level monitoring tools and approaches and requires much broader knowledge of business and applications as a whole. The goal of DevOps is to connect all aspects of app...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public cloud. Consequently this approach requires risky, deep "surgery" including changes to firewalls, subnets...
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!