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Groupwise inc, anyone here heard of them ?

Our timeshare is in Bermuda, where property cannot be sold to non citizens. Accordingly the scheme is a long term lease, not deeded title. Conditions at the Club, escalating annual assessments ( that now exceed $2,500 a year for a two bedroom cottage) accompanied by a looming huge special assessment necessitated by the Club's having operated a $3 million deficit(even with fees at that level!) all made getting out from under the looming obligations a good idea. I paid Groupwise now, so I would NOT have to pay a 14 year remaining obligation of nearly four times what it is today to Club owners who don't know how torun available scheme. Not pretty, but a fairly simple decision money wise. There is no resale market. Look at the St George Club listings on Redwerk if you doubt that.