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Re: Getting rid of your timeshare (by Beverly C L.):

Thank you for your reply and your advice concerning trying to find a charity that would be willing to take my timeshare, and as well, as is accepted, one must know the law. However, being a Canadian citizen, it is most difficult to try to learn all the ins and outs of law in another country...sometimes, even in one's own country especially concerning in my case, Revenue Canada, which is the same as the IRS in the US. I truly do think I have no alternative but to let my timeshares go into default. I am at the stage in life that I won't be applying for any credit and once deceased, the collection companies would incur considerable expense trying to get overdue maintenance fees from my Estate. Good luck to them. Personally feel timeshare companies could be considered just as much scammers as timeshare resellers. At least timeshare resellers, don't "scam" you out of as much money as timeshare companies...both lie and lead the prospective buyer astray, never disclosing the truth...that timeshare companies don't take back timeshares!!! Again, thank you for your time and your advice. Will have to do some serious thinking on what my future decision is going to be...selling is out of the question, no one wants a timeshare, renting is pretty much impossible....one doesn't have any alternative really but to default on maintenance fee payments, something I don't want to do, but now with limited funds due to the passing of my husband, really have no choice. It is not that I own only one timeshare..I own five..Stupid, yes, stupid, for sure!!!