Original Message:
Re: Diamond Resorts raises maintenance fees again! (by Doug P.):
Walking away is simple, just don't pay your MF's, they reposses your timeshare and you're done. You may (or maybe not) have to tollerate collections agencies calls and the foreclosure/past due MF's might show up on your credit rating.
You can also fail to pay your MF's, allow them to attempt to collect, then call their loss mitigation dept. to see if they'll take a deed back vs forcing them to foreclose on the unit, which can be more expensive to the homeowners assoc.
Keep in mind that no improvements are made in advance of collecting MF's. Right now, the resort might not be worth the MF's they're asking. They're collecting those fee's to fund the improvements, necessary maintenance projects et....that will be preformed in the future.
Maybe you should be asking Sunterra owners, who went through the same sticker shock with MF's, how they feel now. Initially there was the outrage I'm seeing here but, after the repairs and maintenace issues were taken care of and the upgrades started to be put into place, the compaints subsided to where you don't read much about it anymore.