ETOAC Ltd has started to mail out letters to timeshare owners in which they present themselves as supposed Legal Advisors.
They try to make the consumer believe that with a “recent” law in Spain brings legal right for timeshare owners to have their contract declared null and void and these owners will be able to recover their money.
It is not the first time doubtful legal advisors try using this for their pitch.
They refer to a law from 1999 where it was stipulated that a cooling off period of 14 days should be honored for all timeshare purchases. These laws exist but what isn’t true is that people who purchased before this date can claim their money back based on this law!
ETOAC Ltd offers to pursue the procedure through on a no-win-no-fee basis with no up-front fees or Court costs payable by the consumer. The letter states also that administration fees are fully refundable if the timeshare owner has no claim but does not ask for anything more than the return of brief details of the timeshare week(s) concerned.
So no-win-no-fee but there is an administration fee? The actual form they ask the owner to fill in for that purpose does refer to a £295 admin fee so the inference is that the matter will not proceed without that payment!
There is no explanation in the letter about where they obtained the timeshare consumers’ details.
And who is ETOAC Ltd anyway?
On their letter headed paper they display an address in the UK which strangely enough seems to be a post box: PO Box 1221, Warrington, Cheshire, WA4 9PR
They are registered at the UK Companies House since March 2011 under the number 07549756 and with another Address in Warrington: ETOAC LIMITED, 3 Freckleton Close, Great Sankey, Warrington, Cheshire, WA5 2TH
Director and administrator of this company is Robert Woosey
So there is obviously not an office. No accounts have ever been filed and yet again for 2012 are overdue.
Their telephone number is 0845 307 6288
Our investigations reveal though that most probably they are based in Spain as we have clear indications that ETOAC is connected to other dubious Timeshare Resale companies based on the Costa del Sol in Spain under the name Avantgarde Management and AVG Holidays. Companies who were under police investigation in the past years.
Seen the above we certainly do not recommend to have any dealings with this company.
Have you received this same letter from ETOAC Ltd or maybe a call from 08453076288 ?
Please let us know!