Original Message:
Re: Is there an honest Timeshare transfer company....no upfront fees? (by Lance C.):
denisev41 wrote:Oh I am concerned. I am worried about my credit rating only. Well both my ex-husbands and mine. We are both on the deed. We are in Canada and the condo in Florida. What will happen to our credit? I read both extremes on the forum. It’s either nothing to worry about to being tarred and feathered.
Well if you are in Canada and the unit is in Florida, then there is little the company can do to you but hound you with calls and letters. They can't affect your credit rating in Canada.
But you can let them know that you live in Canada and they have no reach or jurisdiction where you live. Also, you can do as Don P suggested and negotiate an exit. You might want to tell them in no uncertain terms that you are not paying another dime in maintenance fees (except for maybe to get an exit) so it would be in their best interests to take the unit back instead of going through the costly rigors of foreclosing.