Another VIP Client Goes After Wyndham Vacation Resorts, Robert Paisola Reports

Dear Mr. Paisola,

I have read so many of your articles on your web-site I feel I almost know you.  I need your help--I hope you will reach out to me.

I am writing you as a citizen of Illinois.  In May 2010, last year, I was tricked into upgrading my Wyndham Vacation Resorts timeshare. 

I told the sales representative at the time that I could not afford to upgrade, and in fact my house was in foreclosure.  However, he persuaded me that by upgrading I could rent out my extra points, and not only save my time share investment, but also contribute revenue towards saving my house. This was false. 

I went to your web-site: The Timeshare Chronicles.... and found at least 5 stories of people who had been promised they could get substantial rental income if they upgraded.... and these were people with limited means, like myself. 

At this point, my savings are tapped out, the salesman’s promises have turned out to be false, and I have not paid my timeshare mortgage or maintenance fees for several months.  For a while I was getting collection calls 10-15 times a day.  I hate to refer to my age--I am 60 years old.

What really stopped me cold, however, was a conversation I had with one of Wyndham’s collection agents.  He said if I let the timeshare go into foreclosure that the IRS would come after me for unpaid taxes.  They said there would be a 1099a issued whereby anything I had not paid to Wyndham would be considered an income gain.  This terrified me.

After a while I realized that the 1099a they are referring to would be generated by Wyndham…. and that this is their revenge on my not fulfilling on paying the timeshare contract.  I have enclosed a highlighted explanation from a consumer web-site, where a woman described her experience with the 1099a.

I have requested that Wyndham rescind the upgraded contract, and return to the prior contract that I signed in 2007.  However, I would very much appreciate your support in this matter, because I believe their actions are fraudulent.

Before I start sending you a bunch of documents, I would appreciate a response!

Thank you.

Shelley