Consumer Protection Law
Consumer Protection Law Questions? Ask a Lawyer Now.
The letter from the timeshare company was to confirm that my contract with them "has been cancelled", their words, due to the receipt of the Deed in Lieu of Foreclosure document we signed and returned to them. The letter also indicated that the obligation to the credit card company was still valid and that obligation remained. No other reference to return of the down payment was made.
Do we need to pay the credit card company the remaining money owed to them as part of the down payment for the original sales contract?