# Background Check Report: Bridge Transfers

*Last Updated: December 15, 2024*

## Executive Summary

Bridge Transfers is a legitimate and highly-rated timeshare exit company based in Colorado Springs, Colorado, founded by Charles Hearn in early 2024. The company has demonstrated exceptional customer satisfaction with a 4.6/5 Trustpilot rating and consistently positive reviews through 2025. Led by experienced industry veteran Charles Hearn and supported by qualified legal counsel Lorraine Coats, Bridge Transfers has shown rapid success in helping customers exit timeshares within 4-12 months. The company is expanding services with plans for an innovative credit repair program and maintains transparent operations with no identified legal issues or complaints.

**Key Risk Indicators:**
- 🟢 Excellent customer satisfaction (4.6/5 Trustpilot rating)
- 🟢 Transparent leadership and qualified legal counsel
- 🟢 Consistent delivery on promises with fast results
- 🟢 No legal issues, complaints, or red flags identified
- 🟡 Relatively new company (founded 2024) with limited long-term track record

## ✅ About Bridge Transfers

**Company Name:** Bridge Transfers LLC  
**Founded:** Early 2024  
**Years in Business:** 1+ years  
**Address:** 525 N Cascade Ave, Colorado Springs, CO 80903  
**Phone:** (719) 735-8232  
**Website:** https://bridgetransfers.com/  
**Business Type:** Limited Liability Company  

Bridge Transfers specializes in helping timeshare owners permanently exit their contracts through legal means. Founded by industry veteran Charles Hearn after he successfully sold his previous timeshare exit company in 2021, Bridge Transfers positions itself as a client-focused alternative emphasizing transparency, personalized service, and efficient exit strategies.

**Business Hours:**
- Monday-Friday: Business hours (specific times not publicly listed)
- Responsive customer service with quick callback times

## 🔗 Affiliated Companies

**Related Businesses:**
- Charles Hearn previously owned another successful timeshare exit company (sold in 2021)

**Additional Websites:**
- bridgetransfers.com (primary website)
- Active Facebook presence with 154 likes and ongoing engagement

## 👤 Owners or Principals

**Charles Hearn** - Founder/CEO
- **Industry Experience:** Over a decade in timeshare exit industry
- **Previous Success:** Successfully sold previous timeshare exit company in early 2021
- **Customer Recognition:** Consistently mentioned positively in customer reviews
- **Leadership Style:** Hands-on approach, personally involved in customer communications

**Lorraine Coats, Esq.** - Lead Attorney/General Counsel
- **Education:** University of Houston Law Center graduate
- **Experience:** Nearly 20 years in corporate counsel, real estate, and C-suite executive roles
- **Expertise:** Oil & Gas, Entertainment, and Renewable Energy sectors
- **Role:** Provides strategic legal guidance and operational leadership

**Michael Rice** - Team Member
- **Customer Recognition:** Specifically recommended by customers
- **Direct Contact:** (719) 309-3144
- **Performance:** Praised for responsiveness and successful outcomes

## 👥 Owner-Affiliated Companies

Charles Hearn's previous timeshare exit company (name not publicly disclosed) was successfully sold in 2021, demonstrating his track record of building successful businesses in the industry.

## ✅ BBB Profile

**BBB Status:** No BBB profile found  
**Reason:** Company's recent establishment in 2024  
**Legal Verification:** Confirmed as legitimate business by legal professionals on JustAnswer.com  

**Note:** The absence of a BBB profile is typical for newly established companies and does not indicate any negative factors.

## ⭐ Reviews: BBB + Third-Party

### Trustpilot Reviews
**Rating:** 4.6/5 stars based on 42 reviews  
**Profile Link:** [Trustpilot Reviews](https://www.trustpilot.com/review/bridgetransfers.com)  
**Review Quality:** Consistently excellent with no negative reviews found  

**Recent Reviews (2024-2025):**
- **July 2, 2025:** Customer achieved timeshare cancellation in 4 months (January-May 2025)
- **June 5, 2025:** Customer satisfied with Michael Rice and Charles Ahearn, exit completed in under a year
- **May 30, 2025:** Customer with previous bad experience elsewhere found success with Bridge Transfers
- **December 5, 2024:** Allan Harmon reported 3 timeshares cancelled within expected timeframe

### Other Review Platforms
**BBB:** No profile (company too new)  
**Google Reviews:** Limited presence due to recent establishment  
**Facebook:** 154 likes with active engagement and positive community feedback  

**Review Analysis:** All available reviews are positive, with customers consistently praising:
- Fast results (4-12 month timeframes)
- Excellent communication and responsiveness
- Personal attention from leadership
- Delivery on all promises made

## 📰 Media & Legal Issues

### Positive Media Coverage (2024)
- **March 10, 2024:** Yahoo Finance - "Timeshare Exit Solutions: Bridge Transfers Offers Customized Exit Strategies"
- **August 28, 2024:** Finance Yahoo - "Bridge Transfers Plans Innovative Credit Repair Program for Timeshare Owners"
- **April 1, 2024:** Finance Yahoo - "Colorado Springs-Based Bridge Transfers Leads the Way in Timeshare Cancellation"

### Business Developments
- **Credit Repair Program:** Announced plans for innovative credit repair services for timeshare owners
- **Industry Leadership:** Recognized for setting new standards in timeshare cancellation
- **Professional Growth:** Expanding services while maintaining quality standards

### Legal Research
- **No Legal Issues:** No lawsuits, complaints, or legal actions found
- **No Regulatory Actions:** No fines or enforcement actions identified
- **Professional Verification:** Confirmed as legitimate by legal professionals
- **Clean Record:** No bankruptcy filings or financial issues found

## ⚖️ Fines & Enforcement Actions

No fines, enforcement actions, or regulatory issues have been identified against Bridge Transfers or its principals.

## 📊 Summary Table

| Metric | Details |
|--------|---------|
| **BBB Rating** | No profile (too new) |
| **BBB Accredited** | N/A |
| **BBB Complaints** | 0 |
| **Trustpilot Rating** | 4.6/5 (42 reviews) |
| **Google Reviews** | Limited (new company) |
| **Facebook Engagement** | 154 likes, active |
| **Years in Business** | 1+ years |
| **Legal Issues** | None found |
| **Regulatory Actions** | None found |
| **Customer Satisfaction** | Excellent |
| **Success Rate** | High (based on reviews) |

## 🧭 Assessment

**Risk Level:** Low

**Positive Factors:**
- Exceptional customer satisfaction with 4.6/5 Trustpilot rating
- Transparent leadership with industry veteran Charles Hearn
- Qualified legal counsel (Lorraine Coats, Esq.) with extensive experience
- Consistent delivery on promises with fast results (4-12 months)
- No negative reviews, complaints, or legal issues identified
- Active business development and service expansion
- Personal attention and responsive customer service
- Verified as legitimate by legal professionals
- Flexible payment options including no-upfront-fee plans for certain ownerships

**Considerations:**
- Relatively new company (founded 2024) with limited long-term track record
- No BBB profile due to recent establishment
- Limited presence on some review platforms due to newness

**Distinguishing Factors:**
- Founded by experienced industry professional with proven track record
- Transparent identification of leadership and legal counsel
- Consistent positive customer feedback with specific success stories
- Professional approach to business development and expansion
- No identified red flags typical of problematic exit companies

## 🔧 Recommendations

1. **Positive Recommendation:** Bridge Transfers appears to be a legitimate and effective timeshare exit company with strong customer satisfaction.

2. **Verify Service Details:** Request written documentation of:
   - Specific timeline expectations for your timeshare type
   - Fee structure and payment options
   - Guarantee terms and conditions
   - Attorney involvement in your case

3. **Consider Bridge Transfers Advantages:**
   - Proven leadership with industry experience
   - Qualified legal counsel involvement
   - Excellent customer satisfaction record
   - Transparent business practices
   - Flexible payment options

4. **Due Diligence Steps:**
   - Review current Trustpilot reviews for recent customer experiences
   - Confirm attorney involvement in your specific case
   - Understand timeline expectations for your particular timeshare
   - Document all communications and agreements

5. **Compare Options:** While Bridge Transfers shows positive indicators, still explore:
   - Direct contact with your timeshare company about exit programs
   - Other reputable exit companies for comparison
   - Independent legal consultation if needed

## 📘 Conclusion

Bridge Transfers represents a positive example in the timeshare exit industry, demonstrating transparency, customer satisfaction, and professional operations. The company's leadership by industry veteran Charles Hearn, involvement of qualified legal counsel, and consistent positive customer feedback distinguish it from many problematic companies in this space. While the company's recent establishment means a limited long-term track record, all available indicators suggest legitimate and effective operations.

The company's low risk assessment is based on transparent leadership, excellent customer reviews, no identified legal issues, and professional business practices. Customers considering Bridge Transfers can proceed with confidence while still exercising appropriate due diligence.

## Sources & References

- https://bridgetransfers.com/
- https://www.trustpilot.com/review/bridgetransfers.com
- https://finance.yahoo.com/news/timeshare-exit-solutions-bridge-transfers-021100448.html
- https://finance.yahoo.com/news/bridge-transfers-plans-innovative-credit-150000858.html
- https://www.accessnewswire.com/newsroom/en/business-and-professional-services/colorado-springs-based-bridge-transfers-leads-the-way-in-timeshar-848806
- https://www.justanswer.com/law/o7av2-want-check-business-legit-bridge.html
- https://www.timeshareexitcompanies.com/bridge-transfers-review-updated-dec-2024-is-it-a-scam/
- https://www.facebook.com/p/Bridge-Transfers-61555466048455/
- https://www.newsfilecorp.com/release/201194/Timeshare-Exit-Solutions-Bridge-Transfers-Offers-Customized-Exit-Strategies