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[Q=angeliay2]What about if you're not completely paid-off, and still have an outstanding balance? What's your advice in this situation?[/Q] That would depend on how much you have already paid and how much you still owe. As well, do you owe on a deeded timeshare, a Right-to-Use (RTU), or a travel/vacation club? If you owe more than what it's worth on the resale market, then one option would be to stop payments, let it default and go into foreclosure. You would lose all the money you have paid into it thus far and probably face a bunch of annoying collection calls and letters. Most of those calls are usually just threatening with no enforcement. The biggest piece of advice (if it hasn't been mentioned already) is to not pay any of these companies or law firms that claim they can "cancel" or "exit" you from your timeshare, especially if you still have money owing on it.