ARDA ROC, a non-profit entity that advocates for preserving, protecting and enhancing the vacation ownership lifestyle, continues to warn timeshare owners about third-party exit companies. Their reminders come frequently, especially after major exit firms are brought to court for misleading practices. In 2019, the American Resource Management Group (ARMG), doing business as Resort Release, filed for bankruptcy. With their motion, they came under investigation for scamming thousands of timeshare owners.
Update: American Resource Management Group (Resort Release) filed Chapter 11 bankruptcy on April 9, 2019. The court appointed a trustee that April. In December 2020, the trustee and Bluegreen Vacations settled, allowing Bluegreen’s full claims of over $1 million. Bluegreen agreed to rank them behind timeshare owners’ claims. The case was dismissed June 29, 2023, and closed April 7, 2025.
ARDA ROC Against American Resource Management Group
In April 2019, the American Resource Management Group filed for bankruptcy. This came after failing to have a case against them dismissed by Wyndham Destinations. At the time of filing for bankruptcy, the U.S. Bankruptcy Court for the Southern District of Florida questioned why ARMG represented themselves as a Midwestern-based firm. In reality, ARMG operated in Florida. Additionally, there were questions as to why the Debtors had minimal cash in their bank accounts. There were also insufficient funds to cover their 100% “guarantee” claims that they made to thousands of their owners.
Certainly, with the large amount of fees that the American Resource Management Group took from timeshare owners, there should be no reason for their bankruptcy. With false promises to get timeshare owners out of their contracts and a money-back guarantee, ARMG misled their clients entirely. Because of their false practices, Wyndham Destinations and Bluegreen Vacations previously brought ARMG to court.
Learn More: Bluegreen’s Stance Against Timeshare Exit Companies
How to Avoid Timeshare Resale Scams
After ARMG, Castle Law Group and American Consumer Credit filed for bankruptcy or shut down, ARDA ROC reminds timeshare owners to do their due diligence when they need to find relief from their contracts. Some common practices of exit and resale scams include:
- Unsolicited phone calls or emails, claiming to have an “interested buyer” for your timeshare.
- Callers claiming to be from ARDA or ARDA ROC (in which case, ARDA and ARDA ROC only reach out to owners after inbound requests).
- The company or firm promises to modify or cancel your timeshare contract.
- The company requests a fee for a “tax” or “requirement” to complete the sale or transfer.
- An offer too good to be true. If it sounds fishy, it probably is.
Learn More: 4 Common Timeshare Resale Scams to Avoid
If you believe you have been taken advantage of or have fallen victim to a timeshare resale scam, contact your state Attorney General, law enforcement or the ARDA ROC Consumer Support Team. For owners that need to find a way out of their timeshare, contact your resort first, as they will have trustworthy and reliable options or solutions for you.
Click here for a running list of Timeshare Wins Against Exit Companies and subscribe to the Timeshares Only blog for constant updates.
Sell Your Timeshare With Timeshares Only
Advertise your timeshare for sale on the Timeshares Only online marketplace, where targeted timeshare buyers see it. You review the offers that come in and decide which to accept or decline. Timeshares Only is a Featured Reseller for ARDA’s Coalition for Responsible Exit. Timeshares Only has been in the timeshare resale business since 1994.
Rent Out Your Timeshare
You can advertise your timeshare for rent on Timeshares Only. We help gather your resort or club, week number and point allotment. Your ad reaches targeted vacationers through our multi-channel marketing. When a guest reserves, we confirm details with you and handle the transaction. Renting can help offset annual maintenance fees while you wait to sell.
