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Re: Fairfield Problem (by R P.):

susan, if you still owe money on your timeshare, it's doubtful you can sell it to make enough money to pay off your loan if you still owe 10 years.

Your situation is sad and that's why it's so important to take a hard look before you sign on the dotted line for any long term committment for a major purchase such as a developer bought timeshare. If you merely quit paying on your loan and your yearly maintenance fees, your credit will be adversely affected.

susanf186 wrote:

I purchased with Fairfield several years ago and have enjoyed the vacations, however financial circumstances have changed and my elderly mother is going to come live with me and updating my house has now become a priority. Several handicapped features need to be put in. Does anyone know of a way to give back the contract or of any way to stop the contract. I am currently up to date on paying but still have 10 years left to pay. I am not expecting to make any money or to get any money back. Even paying a penalty fee is OK. Susan