Original Message:
Maintenance fees - paying owners take up the slack for nonpaying owners (by R P.):
In the discussions concerning 'walking away from a timeshare', there's one point, other than wrecking your credit, that has not been mentioned.
Another note concerning walking away from your timeshare is that you pass the loss of maintenance fees on to other owners in the form of yearly rising maintenance fees. This is not fair to those owners who have to make up that loss for nonpayers.
I once contacted a timeshare resort to ask why my maintenace fees had risen. She then explained that owners who do pay their maintenance fees have to make up for those that do not pay.
This is more than likely one of the main reasons for maintenace fee hikes each year.