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Re: TRYING TO GET OUT OF MEXICO TIMESHARE (by Lance C.):

dianeb726 wrote:

Hi, In a similar situation here, recently back from Luxury Bahia Akumal, was swept along with the timeshare presentation and agreed to a payment of 6k. Now home and outside the 14 days cooling off period, since signing, we have buyers' remorse. We have only paid 2k so far. Does anyone know what the repercussions would be if we don't make any additional payments and send a cancellation letter..any advice welcome

I would start by cancelling or freezing any credit card you have whose information (number, expiry date, etc.) you gave to the sales people.

As for repercussions, the only thing I can think of is that you will be hounded by collection agencies. If you're willing to forfeit the $2000 you paid, then stopping any further payments might be your best option.

Just do not go looking for any of these firms that claim they can cancel or rescue you from your timeshare plight.