Report Abuse

Re: Current info on walking away from a timeshare

[Q=susanp56] [Q=travisd40] Sometimes it makes sense to default on timeshares. Not all companies will report to credit bureaus but the financing company handling the mortgage likely will. I have seen people default on timeshares and nothing happen and I have seen it wreck people's credit. It's a crap shoot and I don't have specific information on the resort you mentioned. Good luck.[/Q] Travis, Could you tell me how you are involved in timeshares and how you knww about this information? I would really like to talk with someone with first-hand knowledge or who knows someone in our position. Thanks[/Q] If you signed a legal contract to buy a timeshare then the resort can (and most likely will) come after you for non-payment of yearly maintenance fees.