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"Walking away" is just a concept --- not a realistic option...

so relative to walking away, i believe the downside other than the inconvenience of collection calls, is loosing the property through foreclosure (which was the goal) and a negative credit report hit. i don't think the timeshare association can collect on back owed fees, generally. does anyone see an issue with transfering the property to a small llc to distance the liability (a smart idea if you are exchanging anyway), and minimizing the credit report impact if you then can't afford to pay maintenance and have to default? uncollectable debt really isn't debt, per se.