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
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.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews JSE CEO Nicky Newton-King.
VAT is on the rise… Petrol levies are up… Bruce Whitfield asks small business guru Pavlo Phitidis to give advice.
The Money Show’s Bruce Whitfield interviews PwC’s Charles de Wet and Astral Foods CEO Chris Schutte.
Not convinced? The Money Show's Bruce Whitfield asks Personal Financial Advisor Warren Ingram for tips to budget well.
The Money Show’s Bruce Whitfield interviews Old Mutual Group Chief Executive Bruce Hemphill.
If this is the only business content you consume all week; you’re all right.
The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.
Following a spate of farm murders in the Cape, the policing expert says there aren't enough stats available on farm killings.
Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.
The EFF lawyer stole the show during the state capture report court battle.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?