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Defaulting on Points timeshare (by R P.):

mimib27 wrote:

Can you tell me the implications of defaulting on a points timeshare in California? Its a long story but we are in timeshare hell with an unscrupulous timeshare group what happens if we stop paying. What can they go after? Are points timeshares considered unsecured debt in california?

thanks any advice

If you signed a legal contract to buy the points then you're responsible for that purchase until it's paid off and if yearly maintenance fees are involved you are then responsible for paying them until you sell or give your points away transferring ownership to someone else. If you default they can (and most will) come after you damaging your credit.