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Facts; to counter inaccuracies and falsehoods...

warrenf17 asked, perhaps only rhetorically: >> What was the name of the resort timeshare on Cape Cod that went under about a month or two ago. Sorry it happened and in the news in this area..... << ============================================== Once again, you've posted more incomplete and inaccurate "information" in these forums. If you (or any others) are even remotely interested in the actual, correct facts on this particular matter, here they are: 1. The facility you vaguely mention (but apparently can't even name) is Navigator Beach Club, located on Cape Cod, specifically in Dennisport, MA. 2. This facility was actually a motel (under the name "Spouting Whale" or something similar). An individual named Robert Reposa attempted (in theory, anyhow) to convert this motel to a timeshare facility --- but he never actually did so. Nonetheless, numerous (dozens, maybe many more) people foolishly paid him good money for timeshare deeds which they never got (and clearly now never will). The facility never even opened its doors as a timeshare in the first place, so it's simply NOT accurate to describe this situation as a "timeshare gone under". More accurately, this situation appears to be one of developer theft or misuse of funds collected from unwary, would-be buyers. The place was NEVER actually an operational timeshare facility, and clearly now won't ever be, since; 3. The property was foreclosed upon in April, 2008 when Reposa didn't pay his loan obligations; the entire property was sold off at auction for $2.7 million dollars. The new owners have made it very clear that they have no obligation to, no interest in (or any intentions at all toward) ever making this place a timeshare facility. Those people who purchased "timeshare weeks" that never really existed at all in the first place will now likely be just plain out of luck, unless they can manage to sue Reposa personally to try to obtain judgements against him and somehow access his personal assets through the courts. While I grow a bit weary of having to counter your numerous false, vague generalizations in these RedWeek forums by instead providing correct, factual information in their place, I do so because I don't want to see innocent, unknowing people blindly "buy into" your ongoing, inaccurate (and seemingly endless) supply of BS, some of which actually seems to solicit participation in fraud; for a $300 fee, no less. You don't need a RedWeek account nearly as much as you'll sooner or later likely need the services of a good defense attorney!