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Original Message:

Consequences... (by KC):

Unfortunately, there is no "one size fits all" answer to your question. Policies and practices differ among the many different timeshare systems. Additionally, within any given system, policies and practices can always change without notice. In short --- no, I cannot (nor can anyone else, if they are being truthful) "confirm" the intentions or likely actions of any given timeshare developer or system regarding various non-payment situations.

I'm actually puzzled by your proposed approach. If you do not pay maintenance fees, then you will obviously have no access to the property at any time. At some juncture, foreclosure will still follow. If you know that you are going to permanently forfeit any and all access to the property, why would you then continue to pay on a loan for something that you will never get to access or utilize in any way?

GENERALLY SPEAKING, if maintenance fees are the ONLY non-payment issue and there is NO unpaid loan balance, very few developers ever bother to file negative credit report; most simply foreclose and call it a day.

However, with an associated loan (financing of which which may be "in house" in some instances or by a third party lender in other instances), then all bets are off. I won't give you incomplete or inaccurate information, so I will simply and honestly say that I just don't know about the situation you describe, as I have never before heard of anyone actually employing your proposed approach of "make the loan payments but don't pay the maintenance fees". It seems to me that, in this course of action, you might succeed in "buying some time" regarding a negative credit report hit, but foreclosure would ultimately still occur for non-payment of maintenance fees. It seems (to me, anyhow) like a complete waste of money to continue making loan payments for something that you will never be allowed to utilize in ANY way once you stop paying the associated maintenance fees, but that is of course your own personal choice and decision to make.