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Getting rid of your timeshare (by Catharine M.):

I tried that with Los Abragados just last month. They had No interest in taking it back or making any adjustment. We bought before the resort went bankrupt and was taken over by Diamond and new rules were made by the new owner, and the previous buyers were left out of the equation. I've owned at Los Abragados 10 years and never have been able to reserve a week or stay there. Questions: 1. If one buys and is promised certain benefits in writing and then the place goes bankrupt, and the buyer can no longer get anything they were promised in the contract, how can the contract be upheld as valid? 2. How can a resort hook in succeeding generations in owning a timeshare, if the children and grandchildren never signed the contract, were not ever present at the sale, or knew nothing about the purchase?