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Azure Services Limited goes in to liquidation

The email sent by Alvarez and Marsal announcing the filing for “voluntary” liquidation is below. Dear Sirs, Azure Services Limited – In Creditors’ Voluntary Liquidation (the “Company”) Please be advised that the shareholders of the Company passed a written resolution on 27 April 2020 to place the Company into Creditors’ Voluntary Liquidation. Please be further advised that the directors [...]

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Can I stop paying maintenance fees

stop paying maintenance fees

Here at VRC CLaims, we receive hundreds of enquiries on a weekly basis. Many of whom are contacting us for our free telephone consultations. We offer this service to allow timeshare owners to get answers about terminating their contracts. The most popular question we are asked is whether or not they should stop paying their [...]

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Timeshare Maintenance Fees - Are they too high?

timeshare maintenance fees

Timeshare maintenance fees should be divided between all of the owners and used towards the upkeep of the resorts. This upkeep covers cost of maintenance, utilities and employees wages. Some timeshare resorts have increased their maintenance fees by way more than the cost of inflation. Maintenance fees should not be used for profitable gain. Are [...]

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Silverpoint Vacations enters into bankruptcy

Silverpoint Vacations enters into bankruptcy

The company, multi condemned for it´s timeshare business in the south of Tenerife have begun the process of liquidation! Silverpoint Vacations enters into bankruptcy proceedings after emptying its accounts to avoid payments to their former clients. This holiday ownership business erected in the South of Tenerife during the eighties by British business man Robert (Bob) [...]

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