Welcome to a rather late publication of The Tuesday Slot, today we highlight another “company” that has been contacting timeshare owners, unfortunately, there is not a lot of information to go on. We also bring you some news on the Barclays Partner Finance battle and the loan agreements brokered by Azure Services Ltd. Plus, another loss in the courts for Club la Costa.
We begin with Atlas Business Consultants which our readers have notified us that they are receiving calls from this “company” regarding their timeshares and more specifically the loan agreements.
Now, the first thing to mention here is that they seemed to know that the clients had taken out loan agreements, so that does lead us to question where this information has come from. It certainly points to a breach of Data Protection Regulations.
As for the company, there appear to be several companies which have a similar name, but none of them has anything to do with Timeshare. In fact, they all appear to be based in the US or Singapore.
There is however an entry in the UK Company Register for a company called Atlas Business Consulting UK Ltd, but this company was dissolved back in 2016. The nature of their business was Recruitment Agency and was previously called Recruitment Consultants (NW) Ltd. So I do think we can rule that one out unless these people have pilfered their name!
So far we have no website and nothing found which points to this being a genuine company, so once again this is a very important reminder of how vigilant you must be when receiving any calls regarding your timeshare.
Moving on to the Barclay Partner Finance story and Azure.
As we have stated in previous articles there is a Facebook Group which is co-ordinating complaints for those who were brokered BPF loan agreements by Azure which is subject to the validation order by the Financial Conduct Authority.
Their campaign is well underway with Data Subject Requests being sent to BPF by all those affected. These are also being backed up with letters to each client’s local MP along with copies to the Prime Minister. So far the response from the MP’s has appeared to be a good one, but as always time will tell.
The one annoying aspect of this are the Data Subject Requests, BPF is stating in their replies that they cannot “verify your identity or find the address in our system”.
Well, that is the lamest excuse I have ever heard, especially when the loan agreement account number is also given!
There have also been a couple of other developments which we are unable to publish at this time, suffice it to say that BPF certainly knows they are now sitting on a very big powder keg.
Let us hope this resolves the problem of loan agreements brokered by timeshare companies as a whole and not just Azure.
Although the Fb group was started for Azure clients, they are also accepting members who have other resorts with loans attached. You can find them on FB under Azure Malta Action and Support Group.
As we know these cases are not straight forward, CLC has continually appealed to the courts that they do not have jurisdiction, that the contracts are subject to UK law and UK Courts. Once again the judge in this case roundly rejected that claim and invoked the rulings from the Malaga High Court that Spanish law takes precedence and that they do have full jurisdiction.
The courts ruled that as the purchase was made in Spain, paid the initial “illegal” deposit in Spain and they signed the contract in Spain, then they are entitled to the full protection of Spanish Law.
In this case, the court declared the contract null and void and awarded the client 25,383€ plus legal interest. This was broken down as the payment of the contract of 7,755€, plus an additional 17,627€ for the illegal taking of a deposit within the statutory cooling-off period.
The Norwegian client was represented by lawyers of Canarian Legal Alliance, so that is another feather in their caps against Club la Costa.
That is all for today if you require any information on your legal rights and options or you need help to determine if a company is genuine, then please use our contact page and Inside Timeshare will get back to you.