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Re: BE WARNED CONCERNING MAINTENANCE FEES (by R P.):

I agree with Jons that this is a debt that she must pay if she wants to restore her credit rating and keep her home.

Many people don't realize that when buying a timeshare that yearly maintenance fees are like any other bill you are responsible for. Many people believe that they can just walk away from their timeshares and maintenance fees with no repercussions whatsoever. The above is a drastic example of such.

Even if she pays the back maintenance fees and the collection agency debt she is still stuck with the 6 weeks at the resort and is responsible for future maintenace fees and possible special assessments unless the resort will let her relinquish her ownership back to them after all debts are paid.

On another note, I would think Nob Hill would be a very popular resort since there are not that many timeshares in San Francisco and SF is a popular destination.

My suggestion would be to pay your debts and try to sell the 6 weeks here on Redweek, Ebay or other internet listing sites setting a reasonable price to try and replace some of the money your debt has caused you.

As a last resort, and you don't care to go through all of the above, you can file personal bankruptcy since your credit is already demolished.

Good luck to you in this situation whatever you decide to do. I honestly feel your pain.

NOTE: LET THIS BE A WARNING TO ALL THAT WHEN YOU PURCHASE A TIMESHARE, EVEN RESALE, THAT YOU ARE RESPONSIBLE FOR MAINTENANCE FEES AND SPECIAL ASSESSMENTS FOREVER, OR UNTIL YOU SELL IT.