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I walked out on a timeshare (Bluegreen). We started with a trial and loved the accommodations, so bought into it. However, once we were members nothing was available... not even a year out. We looked into ways of getting out of the timeshare and Bluegreen wouldn't buy it back. After doing more research, I realized what a huge mistake we'd made. We decided to simply stop paying on it. Yes... it did go on our credit record. However, we talked about 7 years versus a lifetime of Bluegreen and thought it was worth the tradeoff.