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First of all there is no foreclosure because there is no mortgage . The only thing in dispute is the title and the maintenance fees . Unlike a house that has value being resold a timeshare is a money pit for the developer . Where else can you sell something and as soon as the new owner walks out the door it's basically worthless on the resale market . Even the worst built car has depreciated value . This product is sold at skillfully planned presentations to people who are in a euphoric state while enjoying a vacation away from home . These companies spend millions of dollars researching how to get people to buy a dream . They count on you staying there until the time has expired for you to cancel before you realize what you committed yourself to . The industry spends million lobbying our politicians to pass favorable laws to keep their scheme going . Don't expect anything to change anytime soon . We have the best politicians money can buy . Your goal should be to get the title out of your name . NEVER pay anyone money upfront that claims they can get you out of your contract !!!