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Re: Current info on walking away from a timeshare

[Q=matthews121]Does anyone know if a TS foreclosure would stay on your report longer than any other negative hit?[/Q] [b]As I stated above, if you simply quit paying maintenance fees and your weeks go into foreclosure, that's one thing, but you also owe the title company the balance of your timeshare loan and if you stop paying that then it will be just like you stopping your car payment, house payment etc. where a mortgage company holds the mortgage until paid off ... doesn't matter that it's a timeshare mortgage it's still a mortgage .... I feel your pain and I wish you better luck in the future .... many people are in the same predicament you are .... at least you're trying to work something out instead of sticking your head in the sand.[/b]