Timeshare owner? You may soon get all your money back

Commercial attorney Trudie Broekmann is planning a class action against time-share abuses against consumers.

She demands the full return of clients’ “investments”, as the contracts are illegal and don’t comply with the Consumer Protection Act.

Broekmann has thus far legally terminated the contracts of 48 clients of time-share suppliers Quality Vacation Club, African Club Innovations (ACI), Multi Destination Club, Dream Vacations, Lifestyle Vacation Club and Flexi Club.

There are 740 000 timeshare owners in South Africa, according to a 2011 Grant Thornton study.

The Money Show's Bruce Whitfield interviewed Broekmann.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

These contracts are void, from the very start... Literally every contract I’ve gone through…

Trudie Broekmann

I have a client who has spent R500 000 without ever having booked once.

Trudie Broekmann

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Are 'tap and go' cards safe? Maybe, suggests this case involving Standard Bank

Are 'tap and go' cards safe? Maybe, suggests this case involving Standard Bank

Handsfree pickpocketing is a myth, says consumer journalist Wendy Knowler. But risks remain, suggests a case she took on.

Dubai-based Mara Group opens South Africa’s first smartphone factory

Dubai-based Mara Group opens South Africa’s first smartphone factory

The Money Show’s Bruce Whitfield interviews Toby Shapshak (Publisher at Stuff magazine) about the R1.5 billion investment.

Considering divorce? How to avoid getting poorer in the process

Considering divorce? How to avoid getting poorer in the process

Personal finance expert Warren Ingram warns that divorce almost always destroys wealth. Here’s how to not lose your money.

Absa arranges first US dollar social bond issued by an African corporate

Absa arranges first US dollar social bond issued by an African corporate

The proceeds of social bonds exclusively finance projects that deliver a social impact.

Eskom distributed less electricity in Aug 2019 than at any time since Feb 2009

Eskom distributed less electricity in Aug 2019 than at any time since Feb 2009

“It’s a total mess! What used to be so simple has become a very complicated exercise,” says coal analyst Xavier Prevost.

'We discuss stocks and options with our children at the dinner table'

'We discuss stocks and options with our children at the dinner table'

Bruce Whitfield interviews Basetsana Kumalo about her attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
[WATCH] Commuters on station stop train from hitting passenger

[WATCH] Commuters on station stop train from hitting passenger

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] How many people does it take to park a car?

[WATCH] How many people does it take to park a car?

Khabazela shares tweets and Facebook posts that have gone viral.

'We discuss stocks and options with our children at the dinner table'

'We discuss stocks and options with our children at the dinner table'

Bruce Whitfield interviews Basetsana Kumalo about her attitude to money (hopes and fears, successes and failures, etc.).

'Had abuser been a male teacher, we would have had a crazy outcry from society'

'Had abuser been a male teacher, we would have had a crazy outcry from society'

Pundits discuss the sexual misconduct allegations at Bishops Diocesan College in Cape Town.

[WATCH] Boy explaining what he heard when parents had sex goes viral

[WATCH] Boy explaining what he heard when parents had sex goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

It's VW, but not as you know it - Why did Volkswagen change its logo?

It's VW, but not as you know it - Why did Volkswagen change its logo?

John Maytham asks what's behind Volkswagen's new-look logo...

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] 'I am smart, I am blessed, I can do anything' video goes viral

[WATCH] 'I am smart, I am blessed, I can do anything' video goes viral

Khabazela shares tweets and Facebook posts that have gone viral.