My timeshare is paid in full, but I just don't want it anymore

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Original Message:

Re: Re: Re: Re: My timeshare is paid in full, but I just don't want it anymore (by Brian L.):

ken1193 wrote:
It is NOT necessarily true that a negative credit report will ever get created. In fact, far more often than not, no such negative credit report ever occurs at all, whether it’s a deeded ownership or a RTU contract. Historically, most chains and / or resorts seem content to simply pocket whatever money they have collected from that customer over the years and just move on. Could they initiate a negative credit report? Yes, absolutely. But do they actually bother? No, not usually.
I didn’t say it would or would not go to collections, just what would happen IF it did go to collections.

Why don’t we let @lynnek92 stop payments and report back what happens.

I am speaking from real, collection based experience when we tried to stop payments years ago. Unfortunately there is no central database of which companies will or will not send you to collections.