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RCI's Web site says the company has over 3,700 affiliated resorts located in 100 countries, with over three million subscribing members living in more than 200 countries. Its "RCI Community" is an exchange network of three million timeshare owners worldwide who participate in RCI's traditional week-for-week and points-based timeshare exchange networks. Gaylan of Redondo Beach CA (11/25/07) Kim of Washington, NJ May 30, 2007 Kim of Washington NJ (05/30/07) In April of this year, we received notice through a telephone inquiry we made, (no one ever sent we owners anything in writing that anything was wrong), that the company and hotel we knew as Brigatine Beach Resort Club has gone bankrupt, another company bought it, and they are renovating the place. We only found out about all of this because we recently recieved a bill for over 1000.00 and it said that if we didn't pay this outragous assessment fee by July 1, they were just taking our property back without any compensation to us! We will lose everything we have paid for, all of our deeded and rightfully ours timeshares will just be gone and taken from us! We feel this is outright extortion and since we are not the only ones involved in this, there are hundreds of people involved, see partial article below, this may be criminal activity that needs to be investigated! Meanwhile, there should be a cease and decist all requests for funding from owners in the form of bills sent with threatening notices so this can be sorted out by you kind and knowledgable people. WE are on fixed income and cannot afford to pay what they ask of us! We don't want to lose all of the over 40.000 dollars we have invested over the years in these timeshares. Please help us! Time is running out and if we don't get resolution of this or at least an extension of deadline somehow, we will lose all of it! This company has told us they will just take it from us! Report Your Experience
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