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Question on Fairfield week and RCI points

I own a fixed week at a Fairfield resort. I rarely use it, rent it or trade it. It's basically a drag on my pocketbook. I let my RCI membership lapse because we weren't using that either. I'd like to change it into points but Fairfield wants a hefty fee to convert and I'm not in the mood to be throwing vast quantities of good money after bad. Is it true that if I rejoin RCI I can convert my fixed week to points to trade? Points would be more useful with our travelling style. I don't really understand how this all works and would appreciate some info. Thanks.