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Original Message:
Re: Fairfield Problem (by Carvan A.):
stanleyf5 wrote:jayjay wrote:carvana wrote:As far siging on the dotted line agreeing to pay maintenance fees, I doubt that you ever actually signed on a dotted line agreeing to pay maintenance fees when you purchased your nine timeshares.We were aware that maintenance fees were due each year for our 9 timeshare purchases ... that declaration is mandatory and anybody who knows anything about timeshares is aware of that declaration.
Quote:Surprise, surprise, yes debts do just go away. There is something called the statute of limitations.I've never heard of a statute of limitations on debts owed. The only thing I'm aware of is debts being deleted after bankruptcy (depending on chapter).
Quote:Again, check on that statute with your attorney prior to responding to my post.I have no reason to check with an attorney since we've always paid our bills on time and we've never expected society or our fellow timeshare owners to foot the bill should we decide, for whatever reason, to quit paying our bills or fees.
When someone quits paying their maintenance fees it then falls to fellow owners in the form of higher yearly maintenance fees for them.
Quote:Knowledge is power.We are in agreement that knowledge is power, but you have a lot to learn concerning timeshares.
JayJay, this is my last post on this subject so you get the last word. I have been a timeshare owner for over 20 years and like you have always paid my fees and special assessments. Likewise, I have a perfect credit rating and have always paid my debts on time. I don't advocate not paying maintenance fees but I do recognize that there are times when a senior citizen with a limited income finds him/herself with a worthless timeshare due to poor management by the board of directors and continued payment may make it impossible for them to provide "bread and butter" for their household.
I will put my kinowledge of the timeshare industry up against yours anytime anyplace. I suspect you are an employee or developer within the timeshare industry and I understand the reason behind your advocacy.
You get the last word.
CGA