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Original Message:

Foreclosure on a Timeshare? (by Vicky S.):

We have a FL timeshare which was bought through the developer and finance arranged by them, I assume. Due to recent events, been unbale to keep up with these payments.

Well, least needs to be said about the financing company's attitude & collection calls.

I hear them say - "foreclose" the property. Can anyone explain what that means? It is a deeded timeshare with points.

Thanks!