One of the timeshare/vacation ownership industry’s most
well-respected collection agencies announces mid-year spike in collections success.
Brooksville, FL – September 2011 – Aspen National Collections, an agency specializing in collecting consumer debt on behalf of timeshare and shared ownership resort developers, announced recently that mid-year profits have been extremely favorable. The company recently doubled their marketing efforts [...]

ORLANDO, FL (Sept. 13, 2011) — In conjunction with the recent filing of Amendment No. 1 to its Form 10 Registration Statement (“Form 10″) with the U.S. Securities and Exchange Commission, Marriott Vacations Worldwide Corporation announces its future board of directors. Marriott Vacations Worldwide Corporation expects to become a publicly traded company separate from Marriott [...]

Telemarketers Falsely Claimed They Had Buyers Lined Up, Agency Alleges
ORLANDO, FL (July 20, 2011) — At the Federal Trade Commission’s request, a federal court has temporarily halted a telemarketing operation that targeted consumers trying to sell their timeshare properties. The defendants allegedly charged consumers thousands of dollars, falsely claiming they had buyers lined up for [...]

Defendant Already Barred from Conducting Business in NJ for No Less Than 5 Years
NEWARK, NJ (July 19, 2011) -– Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that the Division of Criminal Justice executed a search warrant yesterday and arrested Daryl Turner, the owner of numerous vacation travel club companies [...]

July 14, 2011 — James Michael Tomasso, Wensley Robin Mcfarlane, and Nicholas Charles Higgins, of Palm Beach County, FL were arrested July 7, 2011 for conspiring to commit mail and wire fraud relating to a timeshare resales scheme that ultimately brought in some $3 million.
According to the criminal complaint filed in the US District Court [...]

Diamond Resorts International® acquires substantial assets of Tempus Resorts International
Las Vegas, NV (July 04, 2011) — Diamond Resorts International® (Diamond) a global leader in the hospitality and vacation ownership industries, continues to expand its global portfolio with the acquisition of substantial assets of Orlando, Florida-based Tempus Resorts International (Tempus).
With more than 40,000 existing Tempus owners, [...]

-by Scoop
July 1, 2011 — There is a rumor resurfacing again that a class action suit will soon be filed against one or more timeshare developers for over-selling inventory, refusing owner access to their lawful use of accommodations and instead renting out the ‘time’ to John and Mary Q public and for creating unlawful [...]

BETHESDA, Md (June 29, 2011) — Marriott International, Inc. (NYSE: MAR) marked progress yesterday toward the planned spin-off by year-end of its vacation club business into a separate publicly traded company, announcing that its subsidiary, Marriott Vacations Worldwide Corporation, the new corporate name for the vacation club business upon spin-off, has filed an initial Form [...]

ORLANDO, FL (June 2, 2011) — Island One Resorts and its affiliate, Island One Resorts Management Corp. (IORMC), have successfully emerged from Chapter 11 bankruptcy. The company’s Plan of Reorganization, sponsored by Timeshare Acquisitions, LLC, was confirmed by the U.S. Bankruptcy Court on May 4, 2011, and became effective on May 27, 2011.
“This restructuring allows [...]

NEWARK, NJ (May 20, 2011) – The State of New Jersey has filed a Motion to Enforce Litigant’s Rights, alleging that Daryl T. Turner, the owner of several now-defunct businesses that advertised and sold vacation packages, is in violation of the February 2011 settlement.
The Final Consent Judgment resolved the action filed by the State in [...]