WALK AWAY FROM TIMESHARE

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Re: WALK AWAY FROM TIMESHARE (by Scott M.):

I believe that it also depends on the state you live in. They can threaten a lien, but they are bluffing. Again only secured debts can have a lien applied. The collection industry purposely obstructs people from learning what collection practices they use. Read what the rules say in your state. But the bottom line is non secured debt is nothing to worry about. "Caveat Emptor" in all things. Maintenance Fees are not a secured debt. Loan payments on a timeshare are a secured debt because you signed a promissory note.