Fastest Exit
Owning a timeshare was supposed to mean carefree vacations. Instead, many owners feel trapped by yearly fees and confusing contracts. If you have been searching online for a quick way out, you have probably come across Fastest Exit.
The name sounds reassuring, and search phrases like “fastest exit reviews” return plenty of promises. But before you hand over a single dollar, take some time out to read this article.
We will show you what Fastest Exit really does, what it costs, why the company’s recent bankruptcy matters, and how MyTimeshareExitReviews can connect you with vetted companies that use independent escrow, so you pay no up‑front fees.
About Fastest Exit
Detail | Information |
Headquarters | 12621 N. Tatum Blvd #877, Phoenix, AZ 85032 |
Other office listing | 4848 E Cactus Rd Ste 505, Scottsdale, AZ 85254 |
Ownership | Formed in April 2019 as Fastest Exit LLC by managing member John Cobb |
Years in business | 2019 – 2024 (filed Chapter 7 in Oct 2024) |
What they do | Sells “guaranteed” timeshare‑cancellation packages, often paired with a promise of cash restitution |
Fastest Exit marketed itself as a specialist able to cancel most timeshare contracts “within 60‑90 days.” The firm operated for fewer than six years before entering liquidation.
Pro Tip: Check the Arizona Corporation Commission for real‑time status; if a company is listed as “dissolved,” move on immediately.
How Fastest Exit Works
Step‑by‑Step
- Cold call or online form: A typical contact starts with a scripted phone pitch.
- Free “case review”: a salesperson walks you through alleged misrepresentations by your resort.
- Up‑front retainer: owners report $9,000 – $25,000 collected before any work begins.
- Mexican arbitrator fee: If your resort is in Mexico, an extra $1,900 is common.
- Long silence: many clients hear little for months, then receive a “settlement” letter that requires another payment, often disguised as “tax.”
- Final paperwork (sometimes): Only if the owner pays again.
Average Fees
Reported range: $12,000 – $23,000 per contract, paid entirely in advance.
Timeline
- Advertised: 60‑90 days or “365‑day money‑back guarantee.”
- Reported: 18‑24 months with no result for many owners.
Escrow or Money‑Back?
Fastest Exit did not use third‑party escrow. All funds went straight to the company, leaving the owner with no control once the check cleared. The firm advertised a refund guarantee, but dozens of complaints show refunds were rarely honored.
Important note: Without escrow, your money is at risk. If a company fails or files for bankruptcy—as Fastest Exit did—you join a long line of creditors hoping for pennies on the dollar.
Are They Legit?
Fastest Exit was a registered LLC, but legitimacy involves more than paperwork. Consider:
- Bankruptcy filing (Oct 16, 2024): now in Chapter 7 liquidation.
- Not BBB‑accredited; “Out of Business” alert: BBB lists 62 complaints in the last three years, 16 in the past 12 months.
- Unauthorized practice of law warnings: Consumer-protection reviewers note staff who present legal advice without bar licenses.
So, while Fastest Exit once operated openly, the red flags are impossible to ignore. If you are still unsure, reach out to us and we will verify whether any option—including Fastest Exit’s bankruptcy claims process—can actually help you.
Pro Tip: If a company won’t give you the attorney’s bar number handling your case, treat that as a sign to walk away.
Fastest Exit Pros & Cons
Pros | Cons |
Promises a quick exit in 60‑90 days | Filed Chapter 7 bankruptcy; now liquidating |
Advertises a one‑year money‑back guarantee | Requires all fees up front with no independent escrow |
Accepts almost every resort or vacation club contract | Sixty‑two unresolved BBB complaints and growing |
Provides a free initial “case review” call | Retainers can reach $25,000 per contract |
A handful of owners report successful releases | Allegations of unauthorized legal practice and long delays |
Pricing & Refund Policy
Fastest Exit bundles fees in a single contract. Typical structure:
- Non‑refundable “analysis” fee: $1,500 – $3,500
- Refundable retainer: $8,000 – $20,000 (refundable only if exit not completed in 365 days)
- Extra “tax” or “notary” charges: $5,000 – $15,000 after a supposed settlement
The refund clause looks good on paper, but bankruptcy filings now freeze all refunds. Owners become unsecured creditors with little hope of recovery.
Important Note: Insist on a refund clause that specifies where funds are kept and who controls release, then verify the escrow account exists.
Fastest Exit Reviews
Owners praise bold promises at signing, then complain about silence, shifting timelines, and repeated cash requests. A frequent pattern appears:
Initial retainer → months of inactivity → email announcing settlement → demand for up‑front “tax” → communication stops.
Several seniors wrote that they were “embarrassed” and felt pressured by daily calls.
Third‑Party Sources
Metric | Data |
62 in 36 months; 11 unanswered, 35 “unpursuable.” | |
Yelp rating | 1.0 / 5 from 3 reviews. |
Reddit/TUG forum chatter | Multiple threads calling Fastest Exit a scam, especially for Vidanta owners. |
Total clients served | Not published; bankruptcy docket lists no creditor roster yet. |
Average cost | $12k – $23k per owner (crowd‑sourced). |
Success ratio | Not disclosed; reviewers report few verified exits. |
Money‑back guarantee | Offered but largely unfulfilled due to bankruptcy. |
Filed complaints | Fraud accusations, unwanted calls, and failure to deliver services. |
What Services Do They Offer?
Fastest Exit advertised a single product: a “guaranteed cancellation package” that supposedly:
- Reviews your purchase for misrepresentation.
- File letters with resort or consumer agencies.
- Negotiates a voluntary release or “cash settlement.”
- Provides final confirmation letters.
No legal representation in court is included, and there is no escrow. Their webpage also claimed they could work with “almost every resort or vacation club.”
Pro Tip: If “cash restitution” is part of the pitch, ask for proof of one documented payout; no proof? Skip the service.
Fastest Exit Lawsuits & Complaints
- Bankruptcy Case #24‑08763, District of Arizona (Chapter 7): filed Oct 16, 2024; trustee appointed; meeting of creditors held Dec 18, 2024.
- Consumer‑protection warnings: Timeshare Consumer Protection Agency lists Fastest Exit on its “Blacklist” for misleading claims, unauthorized legal practice, and up‑front fees.
- Possible fraud coordination: Reddit threads discuss forming a class action, alleging wire‑fraud tactics.
As of July 2025, no civil judgments have been published, but the Chapter 7 filing effectively closes the company.
Important Note: Bankruptcy stops refunds; once a Chapter 7 filing happens, you become just another unsecured creditor in a long line.
Why Our Review Is Different
We have tracked timeshare‑exit schemes for a long time. We know the warning signs: sky‑high retainers, no third‑party escrow, and “government tax” demands. Fastest Exit checks every box.
Our goal
MyTimeshareExitReviews helps you connect with vetted timeshare exit companies that offer escrow, so you have no up‑front fees. We never charge owners to review their case, and we refuse to recommend any company that demands full payment before results.
Frequently Asked Questions
Is Fastest Exit still in business?
No. Fastest Exit entered Chapter 7 bankruptcy on October 16, 2024, and a court‑appointed trustee is now selling whatever assets remain. The company has stopped taking new clients, cannot process refunds, and is legally considered out of business by current creditors or regulators.
How much does Fastest Exit charge to cancel a timeshare?
Most owners we interviewed paid between twelve thousand and twenty‑three thousand dollars before any work began. In some cases, Fastest Exit also requested a separate “tax” or “notary” charge of several thousand dollars later, raising the total cost even higher.
Does Fastest Exit offer a real money‑back guarantee?
They marketed a one‑year money‑back guarantee, but dozens of Better Business Bureau complaints show refunds were seldom honored. Once the company filed for bankruptcy, any promised guarantee effectively vanished, because former clients are now unsecured creditors and must stand in line for pennies.
How long does Fastest Exit take to finish a cancellation?
Fastest Exit’s advertisements promised a sixty‑to‑ninety‑day turnaround. In practice, many owners reported waiting eighteen months or longer, often with little communication and no written release from the resort. Bankruptcy proceedings now freeze all unfinished files, leaving remaining timelines uncertain or nonexistent.
What’s the safest way to exit a timeshare today?
The safest approach is to choose a company that sends your payment to an independent escrow service, releasing funds only after you receive verified resort documentation. Our team will review your specific contract, answer every question in plain English, and connect you with escrow‑protected help.
Final Thoughts
Fastest Exit’s marketing talks a good game, but the facts tell another story. Bankruptcy, 62 BBB complaints, missing refunds, and no escrow mean your risk is high.
Yes, a handful of owners say they eventually got paperwork, but the odds and the company’s current legal status are not in your favor.
You deserve a clean, stress‑free way out of your timeshare. That means no giant retainers, no mystery taxes, and full control of your money in escrow until the job is done.
Reach out to us today. We will show you the safe path, and if it makes sense, we’ll connect you with a vetted company that actually puts your funds in escrow.
Don’t wait for fees to rise or a collection call to arrive. Fill out our quick form, and take back control of your vacation dollars.
Fastest Exit - Has Closed & without a resolution of my timeshare exit & $13,000. with NO resolution of my timeshare ! Can we say Scam ? exit !
Do not sign up with Fastest Exit – for timeshare ! I paid a total of $13,000. and did not get any benefit or resolution for my “Vidanta timeshare Scam”
Promises, Promises, – This was an Expensive lesson to learn And I had checked the BBB prior to my signing up with them! .
Fastest Exit - Has Closed & without a resolution of my timeshare exit & $13,000. with NO resolution of my timeshare ! Can we say Scam ? exit !
Do not sign up with Fastest Exit – for timeshare ! I paid a total of $13,000. and did not get any benefit or resolution for my “Vidanta timeshare Scam”
Promises, Promises, – This was an Expensive lesson to learn And I had checked the BBB prior to my signing up with them! .
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