NASHVILLE, Tenn., May 18, 2012 /PRNewswire/ -- VO Financial, the leading provider of financial and consultation services for timeshare consumers, has developed a unique solution for timeshare owners who are stuck in a financial nightmare due to lies, misrepresentations, and/or predatory lending practices.
"The Debt Reduction Deed Replacement Program has shown over time to be a proven service where VO Financial consultants will work closely with clients assisting them towards the goal of eliminating existing timeshare obligations along with the facilitation of a new timeshare ownership that is affordable and debt-free," says Kevin Ulrich, Esq. -- General Counsel for VO Financial Corporation.
As Section 1414 of the Federal Dodd-Frank Act permits, timeshare mortgages, as opposed to residential personal mortgages, are specifically permitted to utilize the non-judicial foreclose process i.e. a deed in lieu of foreclosure in addition to other state specific legislation permitting the same (FL Code Ch. 721, F.S.). A deficiency judgment will not be entered against the person after receiving a deed in lieu so as to eliminate all obligations associated with the timeshare and the accompanying debt.
VO Financial is the largest timeshare consulting firm in the country and the pioneer of providing resolutions to timeshare victims who have otherwise been trapped. Lee Acker -- Vice President of Nashville, TN says, "When a timeshare owner is stuck in between a rock and a hard place all we need is a jack hammer. We have the intellect and capability of rewinding the clock and placing a client back to a timeframe when they were happy with their ownership and felt it was an honest purchase."
About VO Financial Corporation
VO Financial Corporation specializes in helping victims of timeshare fraud, misrepresentation, and or predatory lending practices. VO Financial Corporation offers specialized retail installment financing options to consumers who have otherwise been denied. VO Financial Corporation is the largest timeshare consulting firm in the world and understands the difficulties of timeshare owners can face. We do not care about your past history because we focus our energies on providing you with a brighter future. VO Financial currently serves over 9000 clients in the US & Canada. For more information about VO Financial, visit its website at www.vofinancial.com
SOURCE VO Financial Corporation