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This Relates to ALL SXM Timesharing #36169 01/25/2015 06:10 PM 01/25/2015 06:10 PM
Joined: Apr 2002 Posts: 5,917 New England (home), St. Maarte... jmbcomms OP Traveler
jmbcomms OP Traveler Joined: Apr 2002 Posts: 5,917 New England (home), St. Maarte...	TV station in DC covering SXM timeshare mess --reflects on everything, not just Caravanserai -- Caravanserai debacle featured on TV in DC Jeff Berger Visiting SXM Since 1978

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Re: This Relates to ALL SXM Timesharing [Re: jmbcomms] #36170 01/25/2015 07:13 PM 01/25/2015 07:13 PM
Joined: Nov 2002 Posts: 7,376 SXMWendell Traveler
SXMWendell Traveler Joined: Nov 2002 Posts: 7,376	As I have said before, if they "bought" in 2013 they didn't do their due diligence. The old Caravanseri was at their height of problems at that date. SXM??? Wendell

Re: This Relates to ALL SXM Timesharing [Re: SXMWendell] #36171 01/25/2015 07:23 PM 01/25/2015 07:23 PM
Joined: Mar 2001 Posts: 17,512 Ohio ruralcarrier Traveler
ruralcarrier Traveler Joined: Mar 2001 Posts: 17,512 Ohio	Quote But Jennifer Leach, the assistant director of the Consumer Protection Bureau at the Federal Trade Commission (FTC) warns, �Americans who sign up for international timeshares are not protected by U.S. law.� For any timeshare arrangement, Leach recommends that you check out any complaints against the company at local attorney generals� offices, make sure you can afford every penny, especially the annual fees, and never trust oral promises. Above is a brief snippet from the article. While I have sympathy for the people that got taken, Wendell is correct and the statement by Jennifer Leach speaks volumes. J.D.

Re: This Relates to ALL SXM Timesharing [Re: ruralcarrier] #36172 01/26/2015 01:45 AM 01/26/2015 01:45 AM
Joined: Jun 2014 Posts: 88 T thewaterfront Traveler
thewaterfront Traveler T Joined: Jun 2014 Posts: 88	Timeshare legislation is long overdue in Saint Marten. At present their is a U.S. entity operating on Island being investigated by at lease a dozen State A.G.'s for wrongdoing in their U.S. operations.( A Google search is invaluable.) One State suggests that they will seek $20 Mil.in damages from this particular entity. I'm not sure if the case has been settled yet.

Re: This Relates to ALL SXM Timesharing [Re: thewaterfront] #36173 01/26/2015 07:14 AM 01/26/2015 07:14 AM
Joined: Jan 2010 Posts: 3,631 Oyster Pond St. Martin S soualigacapt Traveler
soualigacapt Traveler S Joined: Jan 2010 Posts: 3,631 Oyster Pond St. Martin	The Caravansari was a bankruptcy case. After bankruptcy, all old contracts are out. Not government changes in the law about timeshares can change that here or in the US.

Re: This Relates to ALL SXM Timesharing [Re: soualigacapt] #36174 01/26/2015 08:30 AM 01/26/2015 08:30 AM
Joined: Jun 2014 Posts: 88 T thewaterfront Traveler
thewaterfront Traveler T Joined: Jun 2014 Posts: 88	"Changes in the law" is their a law? In SXM? What the A.G. Is investigating is more broad than bankruptcy.

Re: This Relates to ALL SXM Timesharing [Re: thewaterfront] #36175 01/26/2015 11:45 AM 01/26/2015 11:45 AM
Joined: Mar 2009 Posts: 18,694 Auburn, WA SXMScubaman Traveler
SXMScubaman Traveler Joined: Mar 2009 Posts: 18,694 Auburn, WA	Might want to learn how to use their and there. <img src="http://www.traveltalkonline.com/forums/images/graemlins/handshake.gif" alt="" />

Re: This Relates to ALL SXM Timesharing [Re: SXMScubaman] #36176 01/26/2015 12:52 PM 01/26/2015 12:52 PM
Joined: Jun 2014 Posts: 88 T thewaterfront Traveler
thewaterfront Traveler T Joined: Jun 2014 Posts: 88	I apologies profusely, grade me 10-.professor.

Re: This Relates to ALL SXM Timesharing [Re: thewaterfront] #36177 01/26/2015 12:55 PM 01/26/2015 12:55 PM
Joined: Aug 2000 Posts: 82,673 Central Florida! Carol_Hill Traveler
Carol_Hill Traveler Joined: Aug 2000 Posts: 82,673 Central Florida!	All right, let's move on. Carol Hill

Re: This Relates to ALL SXM Timesharing [Re: soualigacapt] #36178 01/26/2015 02:54 PM 01/26/2015 02:54 PM
Joined: Feb 2006 Posts: 683 Albany, New York W WWII Traveler
WWII Traveler W Joined: Feb 2006 Posts: 683 Albany, New York	Quote soualigacapt said: The Caravansari was a bankruptcy case. After bankruptcy, all old contracts are out. Not government changes in the law about timeshares can change that here or in the US. It wasn't dissimilar to what happened at SBR (Pelican) and those contracts were honored. It's not unusual that the new owner would have to honor prior contracts.

Re: This Relates to ALL SXM Timesharing [Re: WWII] #36179 01/26/2015 03:21 PM 01/26/2015 03:21 PM
Joined: Mar 2001 Posts: 17,512 Ohio ruralcarrier Traveler
ruralcarrier Traveler Joined: Mar 2001 Posts: 17,512 Ohio	Quote WWII said: Quote soualigacapt said: The Caravansari was a bankruptcy case. After bankruptcy, all old contracts are out. Not government changes in the law about timeshares can change that here or in the US. It wasn't dissimilar to what happened at SBR (Pelican) and those contracts were honored. It's not unusual that the new owner would have to honor prior contracts. What law or who is going to enforce this? J.D.

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