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Re: WALK AWAY FROM TIMESHARE (by NoOneYouKnow):
Better late than never, huh?
I have not read anything here except for the "You can walk away from your timeshare" stuff, which is what we said we would do when we were done with them.
Consider this: One of our resorts does not foreclose; they get a judgment for bad debts and then put a lien on your other property (house for instance). You still own the timeshare and your debt, with accumulated legal fees, just increases.
How about this?
What if you don't have any contract whatsoever with the resort, because you picked up the week resale or from a PCC?
Aren't there two classes of owners, one that has entered into a contract several pages long, and another that has entered into no contract whatsoever with anyone?