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A suggestion... "The sun will come out, tomorrow" (by Dr. K.):

We are a charity that accepts timeshare deeds directly so we know what you're going through.

To add to the above, even if you found someone to take the timeshare, the mortgage is still in your name. So, if the other party doesn't pay it, you still have to.

Too many people are too afraid of such financial situations. They really don't know what to expect. The first step is to understand what you're facing.

The absolute worst thing that can happen to you is you'll have a negative report on your credit history for the next 7 years (Canada may be different timing). That's it!!! There are no debtors prisons any more. They don't come taking your first born out of your arms. They can't force you into bankruptcy. They can't take anything else away from you to sell for their payment. All the terrible things you imagine just aren't legal anymore.

You are having financial difficulty. You're not unique. You can't pay all you bills. Welcome to humanity. Oh, NO! they are going to ding your credit!!! So what? Do you really think you'll be going out for a new home loan in the next few years anyway? Are you going to cherish you 376 credit score and be given all kinds of new credit cards?

Face reality. What will happen is not great, but it's not really that bad. The most important thing is to pull you horns in and get slim on your bills. Pay what you MUST to survive. Let the cable TV, unlimited Internet access for your 5 family iPhones, your weekly spa cucumber and honey treatment, and (unfortunately) your timeshare go. Concentrate on rent, food, and what are real necessities for your family. That's how you survive. And don't forget to thank your whatever for the good health, family, and life you do have. Remember Li'l Orphan Annie and how the sun will come out, Tomorrow!!

Smile. It's not as bad as you think.