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Wed, Jun 05 2024, 11:04:33Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345[6]78910 ]
Subject: Re: Calling ALL LGM-CVC victims


Author:
Law
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Date Posted: Sun, Apr 16 2006, 9:13:39
In reply to: Ed 's message, "Re: Calling ALL LGM-CVC victims" on Fri, Apr 14 2006, 13:16:56

Hi Ed, guess by now you'll have gone to LGM to sort out matters for your particular situation. However, have seen some other people's posts on this forum that the cash-back is a scam. So I take LGM's words with a HUGE pinch of salt. LGM people are big-time liars and it'll be better to keep your options open before plunging into any deal with them. Have spoken to them by myself and thru CASE and from their replies, I get the impression that they're really con-men.

Maybe you can check with the Spain timeshare resort directly on what is the status of your timeshare now. At least you know where you stand, instead of LGM telling you any cock-and-bull story that they wish. I don't trust a single word that they tell me.

Do let me know (via e-mail: apsupp@yahoo.co.in) if you wish to take action against them to get back your $$. Thru this forum, I hope to raise a Class Action Suit against them so that all LGM victims get to pay less for the lawsuit, cos lawyer fees are really expensive in S'pore. By getting all victims to join forces, we lend weight to our lawsuit, and at the same time, save costs for everyone involved.

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Replies:
[> [> [> Subject: Re: Calling ALL LGM-CVC victims


Author:
Theresa
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Date Posted: Sat, Apr 29 2006, 18:18:35

Hi Law,
I'm in a similar situation: I own an RCI membership worth $11K and put in about $10K to stop the cash leak from maintenance fees and to obtain a 7-year cashback with LGM. LGM has been asking for subscription fees that they specifically stated verbally that I was not required to pay but refused to amend on the contract itself. Instead they produced a letter from their 'legal department' to go with the contract stating that I would not need to pay the yearly subscription unless I travelled. Now they are going back on their word and claim that the contract and letter are separate.
I'm in the process of submitting my documents to CASE but am unsure how it will go. I have an LGM vs RCI comparison sheet that I requested for during the LGM presentation and hope that it will clear things up. I am also unclear about how the cashback is tied up with the LGM membership and whether Cashback promise is genuine.
I hope to get this issue addressed but can't afford the heavy legal costs so if a Class Action Suit is the only way to go, then I'd like to know more.

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[> [> [> Subject: Re: Calling ALL LGM-CVC victims


Author:
Ed
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Date Posted: Mon, May 01 2006, 16:41:19

I went down to meet with the LGM customer service officer the week before. They did not provide any black and white letter from my Spain timeshare developer if my previous timeshare had been terminated or transferred to LGM. They just made a copy of the sale agreement which I signed before inclusive of the trade-in of my Spain timshare as evident and assured me that LGM will take responsibility for such trade-in.

A LGM Director met up with me when I told them I wanted to terminate my Australia timeshare without asking for any refund. After calling his so-called oversea counter-part, he told me this can be done internally (at first he threathened that the resort developer will sue me if I do not pay the maintenance fees and if I wanted to surrender my membership, they wil charge me at least SDG7 to 8K and showed me a few lawyer letters issued to a group of people did not pay maintenance fees, I was doubtful that these are for real...)and I need to pay LGM close to SDG3K. This is again bull-shit! I'd already communicated with the Australia resort developer and they had confirmed to me in email telling me that to terminate my timeshare will be FREE of charge! Just need to write to them to tell them my decision... As they can take back my timeshare and re-market it again! Even if I refuse to pay the maintenace fees, they said they would just terminate my timeshare membership without any refund... Is just that SIMPLE!

Pls for all of you up there reading this forum... DO NOT SIMPLY HEAR what options LGM can offer you... DO Check first and DO NOT allow yourself to be conned again! Learn to be SMART when dealing with them.....

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